Hawaii Adjusters
Practice Test
QUESTIONS &
ANSWERS(2024 LATEST
UPDATE)CORRECT
100%
Under the Standard Fire policy, how many days of coverage is provided by the policy to cover property
moved to another location when the property is endangered by the perils insured against under the
policy? - ANSWER 5 days
When the Hawaii Department is investigating possible insurance law violations, the Commissioner will
pay all of the following, EXCEPT:
Answer Choices:
Cost to search for items designated by the subpoena.
Mileage for witnesses to attend the hearing.
Costs to reproduce records relating to the case.
Costs to transport the books, papers, documents or records relating to the case. - ANSWER Mileage for
witnesses to attend the hearing
, What is the bond limit that is required for a public adjuster's license? - ANSWER $10,000
What section of an insurance contract contains the terms used throughout the policy? - ANSWER
Definitions
Under the National Flood Insurance Program, replacement cost coverage is available for: - ANSWER
Single family dwellings only.
In order to receive full replacement cost recovery on a covered loss under a BOP, the named insured
must maintain insurance limits equal to at least what percentage of the covered property's full
replacement value? - ANSWER 80% of the property value
The inland marine coverage form that covers clothing, cameras and other portable property worn or
carried by tourists and travelers is a - ANSWER Personal effects floater
A Commercial General Liability form provides automatic coverage for newly acquired organizations for
up to - ANSWER 90 Days
Under the Additional Coverages of the Businessowners Property forms, property removed to protect it
from loss will be covered at another location for up to - ANSWER 30 Days
Under the "regular program" a flood insurance policy will insure a single family residence for up to: -
ANSWER $250,000
Under the emergency flood program the dwelling is covered for - ANSWER $35,000
Which of the following is correct regarding the differences in coverage between an HO-3 and an HO-5? -
ANSWER HO-3 covers personal property on a named peril basis, while personal property under an HO-5
is covered on an open peril basis.
Practice Test
QUESTIONS &
ANSWERS(2024 LATEST
UPDATE)CORRECT
100%
Under the Standard Fire policy, how many days of coverage is provided by the policy to cover property
moved to another location when the property is endangered by the perils insured against under the
policy? - ANSWER 5 days
When the Hawaii Department is investigating possible insurance law violations, the Commissioner will
pay all of the following, EXCEPT:
Answer Choices:
Cost to search for items designated by the subpoena.
Mileage for witnesses to attend the hearing.
Costs to reproduce records relating to the case.
Costs to transport the books, papers, documents or records relating to the case. - ANSWER Mileage for
witnesses to attend the hearing
, What is the bond limit that is required for a public adjuster's license? - ANSWER $10,000
What section of an insurance contract contains the terms used throughout the policy? - ANSWER
Definitions
Under the National Flood Insurance Program, replacement cost coverage is available for: - ANSWER
Single family dwellings only.
In order to receive full replacement cost recovery on a covered loss under a BOP, the named insured
must maintain insurance limits equal to at least what percentage of the covered property's full
replacement value? - ANSWER 80% of the property value
The inland marine coverage form that covers clothing, cameras and other portable property worn or
carried by tourists and travelers is a - ANSWER Personal effects floater
A Commercial General Liability form provides automatic coverage for newly acquired organizations for
up to - ANSWER 90 Days
Under the Additional Coverages of the Businessowners Property forms, property removed to protect it
from loss will be covered at another location for up to - ANSWER 30 Days
Under the "regular program" a flood insurance policy will insure a single family residence for up to: -
ANSWER $250,000
Under the emergency flood program the dwelling is covered for - ANSWER $35,000
Which of the following is correct regarding the differences in coverage between an HO-3 and an HO-5? -
ANSWER HO-3 covers personal property on a named peril basis, while personal property under an HO-5
is covered on an open peril basis.
