Indiana Public Adjuster Licensing
Exam Questions and Correct
Answers with Detailed Rationales |
2026/2027 Edition | Exam Prep
Study Guide PDF
1.What is the primary role of a public adjuster in Indiana?
A. To represent an insurance company in adjusting claims
B. To underwrite insurance policies for property owners
C. To provide advice or assistance to an insured in adjusting a
property insurance claim
D. To investigate insurance fraud on behalf of the state
Answer: C. To provide advice or assistance to an insured in
adjusting a property insurance claim
Rationale: An Indiana public adjuster works on behalf of the
insured in connection with claims for loss or damage under
insurance policies covering real or personal property. This differs
from an independent adjuster, who generally works on behalf of
an insurer. Indiana's Department of Insurance specifically defines
public adjusters in this manner under IC 27-1-27.
2. Which person generally must obtain an Indiana public
adjuster license before acting as a public adjuster?
A. Only an employee of an insurance company
B. A person who advertises, solicits business, or holds
themselves out to the public as a public adjuster
,C. Only an attorney handling property claims
D. Only an independent adjuster working for an insurer
Answer: B. A person who advertises, solicits business, or
holds themselves out to the public as a public adjuster
Rationale: Indiana's public adjuster definition includes persons
who render advice or assistance to insureds and persons who
advertise, solicit business, or hold themselves out to the public as
adjusters of property claims. The licensing requirement is
established under Indiana's public adjuster law.
3. What is the minimum age generally required for a resident
Indiana public adjuster applicant?
A. 16
B. 18
C. 19
D. 21
Answer: B. 18
Rationale: Indiana requires a resident public adjuster applicant to
be at least 18 years of age. The applicant must also meet other
requirements, including residency, trustworthiness, examination,
application, and surety bond requirements.
4. Which statement regarding pre-licensing education is
correct for an Indiana resident public adjuster applicant?
A. Forty hours of pre-licensing education are mandatory
B. Twenty hours of pre-licensing education are mandatory
C. No pre-licensing education is required for the public adjuster
license
D. A bachelor's degree substitutes for pre-licensing education
,Answer: C. No pre-licensing education is required for the
public adjuster license
Rationale: Indiana distinguishes public adjusters from resident
independent adjusters in this respect. The Indiana Department of
Insurance states that resident public adjuster applicants must
successfully complete the written public adjuster examination,
but no pre-licensing education is required. The 40-hour education
requirement applies to resident independent adjusters.
5. Before scheduling the Indiana public adjuster examination,
what must an applicant request from the Indiana
Department of Insurance?
A. A certificate of exam eligibility
B. A certificate of insurance
C. A replacement-cost worksheet
D. A producer appointment
Answer: A. A certificate of exam eligibility
Rationale: Indiana requires a prospective public adjuster
examination candidate to request a Public Adjuster Certificate of
Exam Eligibility before scheduling the examination. The
Department instructs applicants to request the certificate by
contacting its Agent Licensing Division.
6. What surety bond amount is required for an Indiana resident
public adjuster?
A. $5,000
B. $7,500
C. $10,000
D. $25,000
Answer: C. $10,000
, Rationale: An Indiana resident public adjuster applicant must
provide proof of a $10,000 surety bond specific to Indiana. The
Department states that the bond must not be more than six
months old when submitted.
7. What is the current resident public adjuster license
application fee listed by the Indiana Department of
Insurance?
A. $25
B. $40
C. $50
D. $100
Answer: C. $50
Rationale: The Indiana Department of Insurance currently lists a
$50 resident public adjuster license fee, in addition to an
electronic processing fee where applicable.
8. When do Indiana public adjuster licenses expire?
A. On the last day of the licensee's birth month
B. December 31 each year
C. June 30 each year
D. Two years after issuance
Answer: B. December 31 each year
Rationale: Indiana public adjuster licenses are subject to annual
renewal and expire on December 31. This differs from certain
other Indiana insurance licenses that operate on a two-year
renewal cycle.
9. Which statement about continuing education for Indiana
public adjusters is correct?
Exam Questions and Correct
Answers with Detailed Rationales |
2026/2027 Edition | Exam Prep
Study Guide PDF
1.What is the primary role of a public adjuster in Indiana?
A. To represent an insurance company in adjusting claims
B. To underwrite insurance policies for property owners
C. To provide advice or assistance to an insured in adjusting a
property insurance claim
D. To investigate insurance fraud on behalf of the state
Answer: C. To provide advice or assistance to an insured in
adjusting a property insurance claim
Rationale: An Indiana public adjuster works on behalf of the
insured in connection with claims for loss or damage under
insurance policies covering real or personal property. This differs
from an independent adjuster, who generally works on behalf of
an insurer. Indiana's Department of Insurance specifically defines
public adjusters in this manner under IC 27-1-27.
2. Which person generally must obtain an Indiana public
adjuster license before acting as a public adjuster?
A. Only an employee of an insurance company
B. A person who advertises, solicits business, or holds
themselves out to the public as a public adjuster
,C. Only an attorney handling property claims
D. Only an independent adjuster working for an insurer
Answer: B. A person who advertises, solicits business, or
holds themselves out to the public as a public adjuster
Rationale: Indiana's public adjuster definition includes persons
who render advice or assistance to insureds and persons who
advertise, solicit business, or hold themselves out to the public as
adjusters of property claims. The licensing requirement is
established under Indiana's public adjuster law.
3. What is the minimum age generally required for a resident
Indiana public adjuster applicant?
A. 16
B. 18
C. 19
D. 21
Answer: B. 18
Rationale: Indiana requires a resident public adjuster applicant to
be at least 18 years of age. The applicant must also meet other
requirements, including residency, trustworthiness, examination,
application, and surety bond requirements.
4. Which statement regarding pre-licensing education is
correct for an Indiana resident public adjuster applicant?
A. Forty hours of pre-licensing education are mandatory
B. Twenty hours of pre-licensing education are mandatory
C. No pre-licensing education is required for the public adjuster
license
D. A bachelor's degree substitutes for pre-licensing education
,Answer: C. No pre-licensing education is required for the
public adjuster license
Rationale: Indiana distinguishes public adjusters from resident
independent adjusters in this respect. The Indiana Department of
Insurance states that resident public adjuster applicants must
successfully complete the written public adjuster examination,
but no pre-licensing education is required. The 40-hour education
requirement applies to resident independent adjusters.
5. Before scheduling the Indiana public adjuster examination,
what must an applicant request from the Indiana
Department of Insurance?
A. A certificate of exam eligibility
B. A certificate of insurance
C. A replacement-cost worksheet
D. A producer appointment
Answer: A. A certificate of exam eligibility
Rationale: Indiana requires a prospective public adjuster
examination candidate to request a Public Adjuster Certificate of
Exam Eligibility before scheduling the examination. The
Department instructs applicants to request the certificate by
contacting its Agent Licensing Division.
6. What surety bond amount is required for an Indiana resident
public adjuster?
A. $5,000
B. $7,500
C. $10,000
D. $25,000
Answer: C. $10,000
, Rationale: An Indiana resident public adjuster applicant must
provide proof of a $10,000 surety bond specific to Indiana. The
Department states that the bond must not be more than six
months old when submitted.
7. What is the current resident public adjuster license
application fee listed by the Indiana Department of
Insurance?
A. $25
B. $40
C. $50
D. $100
Answer: C. $50
Rationale: The Indiana Department of Insurance currently lists a
$50 resident public adjuster license fee, in addition to an
electronic processing fee where applicable.
8. When do Indiana public adjuster licenses expire?
A. On the last day of the licensee's birth month
B. December 31 each year
C. June 30 each year
D. Two years after issuance
Answer: B. December 31 each year
Rationale: Indiana public adjuster licenses are subject to annual
renewal and expire on December 31. This differs from certain
other Indiana insurance licenses that operate on a two-year
renewal cycle.
9. Which statement about continuing education for Indiana
public adjusters is correct?
