Indiana Adjuster License Prep Questions with 100% Correct Answers

Which of the following would Not affect the rating for comprehensive and collision coverage on a vehicle? The color of the vehicle. If an adjuster lives and is licensed in a state that reciprocates with Indiana, how much continued education do they need to complete? They must stay compliant in their home state to eligible for renewal in Indiana When switching employers, and therfore switching Healthcare providers. Which federal law ensures the you won't be denied coverage when he switches health plans? The health insurance portability and accountability act or "HIPAA" During catastrophes who can act as an adjuster? An unlicensed adjuster may act as an emergency adjuster if they obtain an emergency adjuster license. In 1945 congress passed the McCarran Ferguson act. What does it actually do? It gives individual states the authority to regulate the insurance industry. Seth lives in NY, where he is a licensed adjuster. He wants to obtain an adjuster license in Indiana, so he can legally work claims in that state. Which of the following is true in Seth's case? Seth will need to complete a 40 hour adjuster pre-licensing course, take the Indiana adjuster license exam, complete an application, and pay a fee because NY is non reciprocal with Indiana. Florian informs a claimant via voice mail the he is denying her claim because of a policy exclusion. What part of the unfair claim settlement is Florian braking? Florian is denying the claim via voice mail which is not allowed it needs to be done via letter. Requiring an insured to submit formal proof of loss forms and them subsequent verification before moving forward is prohibited under unfair practices act, why? Because an insurer must continue moving forward while those items are being provided so the claim is not delayed. Rww insurance creates a radio promotion where they advertise that they will insure any car for $200 a year. They don't actually offer such a plan what is this an example of? False information and advertising The federal law that regulates the collection, dissemination, and use of consumer information is the? FCRA - fair credit reporting act