Claims Adjuster Exam (A+ GRADED)

Multi Peril-Package correct answers Any policy which provides property & liability coverage (not homeowner) ISO policy correct answers Sold in Texas, but not Texas form Only Texas DP 1 correct answers Mainly the only TDP sold, now with plethora of endorsements Texas Standard Fire Policy correct answers Granddaddy of all Texas property policies Business auto coverage e.g. correct answers Owner of a taxi to cover collision damage Inland Marine (build milk policy) would cover e.g. correct answers 3k gallons of milk in tanker truck Texas Standard, Standard Fire & Business Owner correct answers Would all cover damage to something like a gift card shop fire Tx Personal Auto Policy e.g. correct answers Owner of family far, for potential injury to other people Trucker's policy correct answers Trucking company, for potential damage to other people's trailers which the trucking company may be pulling Actual Cash Value (ACV) correct answers Replacement cost less depreciation Garage Liability e.g. correct answers For valet parking service to have appropriate liability coverage it needs what kind of policy? Flood, workers comp, crop, costal wind among others correct answers Types of casualty claims I will be unable to handle under license I'm studying for Ocean Marine Hull coverage correct answers Would have to be written for an insured to cover potential collision damage to insured's ship Covered (if it's not written) correct answers It's safe to assume that if something is not excluded in writing it's appropriate to assume that the loss is? 15/15/5 rule correct answers 15 calendar days to send notice you received claim 15 business days to resolve case 5 days to pay claim (if applicable) Options for High Risk Drivers? correct answers Texas started TAIPA Risk pool