TX Adjuster Test
Questions and
Complete Solutions
Graded A+
Denning [Date] [Course title]
, Subrogate Subrogation is the right for an insurer to legally pursue a third party that caused an insurance
loss to the insured. This is done as a means of recovering the amount of the claim paid by the insurance
carrier to the insured for the loss. - Answer: While investigating a claim, you determine that the loss
was caused by a defective mechanism in the dishwasher. You would attempt
to_________________________?
Appraisal - Answer: What is the process when an insurer and an insured have a dispute regarding the
amount of damage?
Material Misrepresentation - Answer: __________________________________________________is a
significant misstatement in an application form. If a company had access to the correct information at
the time of application, the company might not have agreed to accept the application.
Age, Condition and Life Expectancy - Answer: As an adjuster, you should base depreciation on these
three factors?
Umpire - Answer: An_________________ is a person hired by the property owner to settle the claim
with insurance company on their behalf.
HO-A - Answer: This type of policy provides coverage only for those perils that are listed in the policy?
Additional Living Expenses - Answer: _________________________ are extra charges covered by
homeowner's policies over and above the policyholder's customary living expenses.
Occurrence - Answer: _______________________is an event that results in an insured loss/damages?
Actual Cash Value - Answer: What is value of your property, based on the current cost to replace it,
minus depreciation?
Incurred Expenses - Answer: Expenses that have already sustained and that have not yet been paid are
known as ____________________________________.
Questions and
Complete Solutions
Graded A+
Denning [Date] [Course title]
, Subrogate Subrogation is the right for an insurer to legally pursue a third party that caused an insurance
loss to the insured. This is done as a means of recovering the amount of the claim paid by the insurance
carrier to the insured for the loss. - Answer: While investigating a claim, you determine that the loss
was caused by a defective mechanism in the dishwasher. You would attempt
to_________________________?
Appraisal - Answer: What is the process when an insurer and an insured have a dispute regarding the
amount of damage?
Material Misrepresentation - Answer: __________________________________________________is a
significant misstatement in an application form. If a company had access to the correct information at
the time of application, the company might not have agreed to accept the application.
Age, Condition and Life Expectancy - Answer: As an adjuster, you should base depreciation on these
three factors?
Umpire - Answer: An_________________ is a person hired by the property owner to settle the claim
with insurance company on their behalf.
HO-A - Answer: This type of policy provides coverage only for those perils that are listed in the policy?
Additional Living Expenses - Answer: _________________________ are extra charges covered by
homeowner's policies over and above the policyholder's customary living expenses.
Occurrence - Answer: _______________________is an event that results in an insured loss/damages?
Actual Cash Value - Answer: What is value of your property, based on the current cost to replace it,
minus depreciation?
Incurred Expenses - Answer: Expenses that have already sustained and that have not yet been paid are
known as ____________________________________.
