OREGON PUBLIC ADJUSTER EXAM – QUESTIONS AND ANSWERS | VERIFIED
AND WELL DETAILED ANSWERS | PLUS RATIONALES | GUARANTEED PASS |
LATEST EXAM UPDATE
Core Domains
Oregon Insurance Statutes and Administrative Rules (ORS 744, OAR 836-071)
Public Adjuster Licensing, Qualifications, and Renewal
Contract Requirements, Disclosures, and Rescission Rights
Fiduciary Duties, Ethics, and Prohibited Practices
Claims Handling Standards and Unfair Claim Settlement Practices
Recordkeeping, Trust Accounts, and Business Entity Compliance
Property and Casualty Insurance Policy Fundamentals
Consumer Protection and Regulatory Oversight
Introduction
The Oregon Public Adjuster Exam assesses a candidate’s readiness to practice as
a licensed public adjuster representing insureds in first-party property claims.
The examination evaluates knowledge of Oregon insurance statutes,
administrative rules, licensing requirements, contract provisions, fiduciary
responsibilities, and ethical standards. Candidates must demonstrate competence
in claims handling procedures, unfair claim settlement practice prohibitions,
recordkeeping obligations, and property insurance policy fundamentals.
Questions include both knowledge-based and scenario-driven formats requiring
practical application of regulatory principles to real-world situations. Success
demands not only memorization of rules but sound professional judgment and
decision-making consistent with Oregon law and consumer protection standards.
SECTION ONE: QUESTIONS 1–50
,Question 1
Which Oregon administrative rule series governs the licensing and conduct of
public adjusters?
A. OAR 836-080
B. OAR 836-071
C. OAR 836-009
D. OAR 836-072
🟢 Correct Answer: B. OAR 836-071
🔴 Rationale: The Division of Financial Regulation adopted OAR 836-071-1100
through 836-071-1195 to specifically regulate public adjuster licensing,
contracts, conduct, and recordkeeping following the 2025 rulemaking that
created a separate public adjuster license class.
Question 2
A public adjuster is defined under Oregon law as an insurance adjuster who:
A. Is employed by an insurer to handle claims on its behalf
B. Works for the insured to assist in preparing, presenting, and settling claims
C. Is hired on a contract basis by an insurance company
D. Adjusts only workers' compensation claims
🟢 Correct Answer: B. Works for the insured to assist in preparing, presenting,
and settling claims
🔴 Rationale: Oregon's rulemaking materials clearly define a public adjuster as
one who does not work for any insurance company and works for the insured
to assist in the preparation, presentation, and settlement of the claim.
Question 3
Which of the following is exempt from Oregon public adjuster licensing
requirements?
,A. A person who negotiates property damage claims for a fee
B. An attorney-at-law rendering services while performing duties as an attorney
C. A person who solicits public adjusting contracts
D. A business entity that adjusts claims for insureds
🟢 Correct Answer: B. An attorney-at-law rendering services while performing
duties as an attorney
🔴 Rationale: Oregon statute expressly exempts attorneys-at-law rendering
services while performing duties in that capacity from public adjuster licensure
requirements.
Question 4
A public adjuster may not hold which of the following licenses simultaneously?
A. Life insurance producer license
B. Health insurance producer license
C. Independent adjuster license
D. Surplus lines producer license
🟢 Correct Answer: C. Independent adjuster license
🔴 Rationale: Oregon's public adjuster rules prohibit an adjuster from holding
both a public adjuster and independent adjuster license simultaneously due to
the inherent conflict of interest.
Question 5
Under Oregon rules, a public adjuster contract must be executed:
A. In triplicate
B. In duplicate
C. In a single original
D. With notarized signatures
, 🟢 Correct Answer: B. In duplicate
🔴 Rationale: The rules require contracts to be executed in duplicate to
provide an original contract to the public adjuster and an original contract to
the insured.
Question 6
How long does an insured have to rescind a public adjuster contract after
signing?
A. One business day
B. Three business days
C. Five business days
D. Seven business days
🟢 Correct Answer: B. Three business days
🔴 Rationale: Oregon rules grant the insured the right to rescind the contract
within three business days after the date the contract was signed.
Question 7
If an insured exercises the right to rescind a public adjuster contract, anything
of value given must be returned within:
A. Five business days
B. Ten business days
C. Fifteen business days
D. Thirty business days
🟢 Correct Answer: C. Fifteen business days
🔴 Rationale: The rules require that anything of value given by the insured be
returned within 15 business days following receipt by the public adjuster of the
cancellation notice.
AND WELL DETAILED ANSWERS | PLUS RATIONALES | GUARANTEED PASS |
LATEST EXAM UPDATE
Core Domains
Oregon Insurance Statutes and Administrative Rules (ORS 744, OAR 836-071)
Public Adjuster Licensing, Qualifications, and Renewal
Contract Requirements, Disclosures, and Rescission Rights
Fiduciary Duties, Ethics, and Prohibited Practices
Claims Handling Standards and Unfair Claim Settlement Practices
Recordkeeping, Trust Accounts, and Business Entity Compliance
Property and Casualty Insurance Policy Fundamentals
Consumer Protection and Regulatory Oversight
Introduction
The Oregon Public Adjuster Exam assesses a candidate’s readiness to practice as
a licensed public adjuster representing insureds in first-party property claims.
The examination evaluates knowledge of Oregon insurance statutes,
administrative rules, licensing requirements, contract provisions, fiduciary
responsibilities, and ethical standards. Candidates must demonstrate competence
in claims handling procedures, unfair claim settlement practice prohibitions,
recordkeeping obligations, and property insurance policy fundamentals.
Questions include both knowledge-based and scenario-driven formats requiring
practical application of regulatory principles to real-world situations. Success
demands not only memorization of rules but sound professional judgment and
decision-making consistent with Oregon law and consumer protection standards.
SECTION ONE: QUESTIONS 1–50
,Question 1
Which Oregon administrative rule series governs the licensing and conduct of
public adjusters?
A. OAR 836-080
B. OAR 836-071
C. OAR 836-009
D. OAR 836-072
🟢 Correct Answer: B. OAR 836-071
🔴 Rationale: The Division of Financial Regulation adopted OAR 836-071-1100
through 836-071-1195 to specifically regulate public adjuster licensing,
contracts, conduct, and recordkeeping following the 2025 rulemaking that
created a separate public adjuster license class.
Question 2
A public adjuster is defined under Oregon law as an insurance adjuster who:
A. Is employed by an insurer to handle claims on its behalf
B. Works for the insured to assist in preparing, presenting, and settling claims
C. Is hired on a contract basis by an insurance company
D. Adjusts only workers' compensation claims
🟢 Correct Answer: B. Works for the insured to assist in preparing, presenting,
and settling claims
🔴 Rationale: Oregon's rulemaking materials clearly define a public adjuster as
one who does not work for any insurance company and works for the insured
to assist in the preparation, presentation, and settlement of the claim.
Question 3
Which of the following is exempt from Oregon public adjuster licensing
requirements?
,A. A person who negotiates property damage claims for a fee
B. An attorney-at-law rendering services while performing duties as an attorney
C. A person who solicits public adjusting contracts
D. A business entity that adjusts claims for insureds
🟢 Correct Answer: B. An attorney-at-law rendering services while performing
duties as an attorney
🔴 Rationale: Oregon statute expressly exempts attorneys-at-law rendering
services while performing duties in that capacity from public adjuster licensure
requirements.
Question 4
A public adjuster may not hold which of the following licenses simultaneously?
A. Life insurance producer license
B. Health insurance producer license
C. Independent adjuster license
D. Surplus lines producer license
🟢 Correct Answer: C. Independent adjuster license
🔴 Rationale: Oregon's public adjuster rules prohibit an adjuster from holding
both a public adjuster and independent adjuster license simultaneously due to
the inherent conflict of interest.
Question 5
Under Oregon rules, a public adjuster contract must be executed:
A. In triplicate
B. In duplicate
C. In a single original
D. With notarized signatures
, 🟢 Correct Answer: B. In duplicate
🔴 Rationale: The rules require contracts to be executed in duplicate to
provide an original contract to the public adjuster and an original contract to
the insured.
Question 6
How long does an insured have to rescind a public adjuster contract after
signing?
A. One business day
B. Three business days
C. Five business days
D. Seven business days
🟢 Correct Answer: B. Three business days
🔴 Rationale: Oregon rules grant the insured the right to rescind the contract
within three business days after the date the contract was signed.
Question 7
If an insured exercises the right to rescind a public adjuster contract, anything
of value given must be returned within:
A. Five business days
B. Ten business days
C. Fifteen business days
D. Thirty business days
🟢 Correct Answer: C. Fifteen business days
🔴 Rationale: The rules require that anything of value given by the insured be
returned within 15 business days following receipt by the public adjuster of the
cancellation notice.
