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Texas All Lines Adjuster 2023 QUESTIONS AND ANSWERS

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Insurance - CORRECT ANSWERS The transfer of risk. Insured - CORRECT ANSWERS 1ST party. Customer. Person covered by policy. Insurer - CORRECT ANSWERS 2ND party. Insurance company Adjuster - CORRECT ANSWERS Investigates/adjusts claims Licensing age requirement - CORRECT ANSWERS 18 NOT exempt for licensing - CORRECT ANSWERS MBA Expiration date of adjusters license - CORRECT ANSWERS 2nd anniversary of Licensee Birthday. Every 2 years after. Required CE hours - CORRECT ANSWERS 24 hrs Required consumer protection CE hours. - CORRECT ANSWERS 3 hrs Exempt from CE hours - CORRECT ANSWERS 20 consecutive years as license adjuster The licensee shall BLANK notify any change in the location of the place. - CORRECT ANSWERS Promptly Emergency License - CORRECT ANSWERS 90 days with 90 day extension every time. Application for Emergency Adjuster before working (days) - CORRECT ANSWERS 5 days Unfair Claims (numbers) - CORRECT ANSWERS 21.21, 541, 542 Numbers to know - CORRECT ANSWERS 541, 542, 21.21 Days to pay claim - CORRECT ANSWERS 5 business days How many days do you have after written notice of claim? - CORRECT ANSWERS 15 calendar days to Acknowledge & start investigatin


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