1 | P a g e | © copyright 2024/2025 | Grade A+
Insurance adjuster Questions and
Answers (100% Pass)
Contributory Negligence
✓ Insurer refuses to pay anything if the clamant was even partially liable
Which of the following incidents would be a liability insurance policy cover?
✓ A man slips inside a grocery store and injuries himself
While driving, sue looks down to adjust the radio and crashes the car into
Jane's car, damaging both cars and injuring herself. Which of the following
statements applies to sue?
✓ Sue is legally liable for the damages to Jane's car.
Jim is out turkey hunting on a private ranch when he hears some movement
in the brush. Assuming it's a turkey, Jim raises his shotgun and fires.
Unfortunately for Jim, he has not taken a turkey, but has severely injured one
of the land owners calves instead. Jim is responsible for the cost of the calf
because of his?
✓ Negligence; because he failed to exercise reasonable care while
hunting.
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
Strict Liability
✓ Holds a person liable for his actions regardless of how much care he
demonstrates
Single limit liability insurance
✓ Establishes one maximum payout for liability damages caused by the
policyholder(s) keyword:per occurrence
Greg has two limits listed on his homeowners policy for liability coverage: one
for bodily injury and one for property damage. Each limit applies on a per
occurrence basis. What type of limits are These?
✓ Per occurrence; single limits apply max payout of the insurance policy
for any one occurrence or incident
Driving home one night, Jeff runs a red light and crashes into another car,
injuring all 3 passengers: Clair, John, and Richard. Clair suffered 25,000 in
injuries, John 45,000, and Richard suffered the most 62,000. Assuming Jeff's
liability policy limits are set at 50/150/75, how much, if any, will Jeff be
required to pay for the passengers injuries
✓ Since the policy limit for any single persons injuries is 50,000 l; it will only
pay 50,000 for Richards injuries, leaving Jeff responsible foe 12,009
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
ABC Masonry, Inc has an aggregate liability policy with limits of 100,
000/300,000. One day, an accident at a construction site leads to 150,000 in
damage to public property. Assuming the cause of the loss is covered under
ABC Masonry's liability policy, how will this claim be paid.
✓ Since the per-occurrence limit is only 100,000 that's all the insurer will
pay. This payment reduces the aggregate to 2000,000 and leaves
50,000 that ABC Masonary is responsible for paying
Split Limits
✓ Establishes the 3 different limits on how much the policy will pay out.
(Body injury, body injury for each person, and property damage)
Aggregate limits
✓ Typically found in commercial liability policies. Establishes 2 liability
limits; max payout per occurrence. Maximum payout per policy period
Joe's homeowners policy has a single limit of 150,000 for bodily injury liability
coverage. One day, joes friend was injured in an accident on Joes property
and the medical billls came to 15,000, which were covered by Joe's
homeowners policy. Which of the following is true?
Master01 | October, 2024/2025 | Latest update
Insurance adjuster Questions and
Answers (100% Pass)
Contributory Negligence
✓ Insurer refuses to pay anything if the clamant was even partially liable
Which of the following incidents would be a liability insurance policy cover?
✓ A man slips inside a grocery store and injuries himself
While driving, sue looks down to adjust the radio and crashes the car into
Jane's car, damaging both cars and injuring herself. Which of the following
statements applies to sue?
✓ Sue is legally liable for the damages to Jane's car.
Jim is out turkey hunting on a private ranch when he hears some movement
in the brush. Assuming it's a turkey, Jim raises his shotgun and fires.
Unfortunately for Jim, he has not taken a turkey, but has severely injured one
of the land owners calves instead. Jim is responsible for the cost of the calf
because of his?
✓ Negligence; because he failed to exercise reasonable care while
hunting.
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
Strict Liability
✓ Holds a person liable for his actions regardless of how much care he
demonstrates
Single limit liability insurance
✓ Establishes one maximum payout for liability damages caused by the
policyholder(s) keyword:per occurrence
Greg has two limits listed on his homeowners policy for liability coverage: one
for bodily injury and one for property damage. Each limit applies on a per
occurrence basis. What type of limits are These?
✓ Per occurrence; single limits apply max payout of the insurance policy
for any one occurrence or incident
Driving home one night, Jeff runs a red light and crashes into another car,
injuring all 3 passengers: Clair, John, and Richard. Clair suffered 25,000 in
injuries, John 45,000, and Richard suffered the most 62,000. Assuming Jeff's
liability policy limits are set at 50/150/75, how much, if any, will Jeff be
required to pay for the passengers injuries
✓ Since the policy limit for any single persons injuries is 50,000 l; it will only
pay 50,000 for Richards injuries, leaving Jeff responsible foe 12,009
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
ABC Masonry, Inc has an aggregate liability policy with limits of 100,
000/300,000. One day, an accident at a construction site leads to 150,000 in
damage to public property. Assuming the cause of the loss is covered under
ABC Masonry's liability policy, how will this claim be paid.
✓ Since the per-occurrence limit is only 100,000 that's all the insurer will
pay. This payment reduces the aggregate to 2000,000 and leaves
50,000 that ABC Masonary is responsible for paying
Split Limits
✓ Establishes the 3 different limits on how much the policy will pay out.
(Body injury, body injury for each person, and property damage)
Aggregate limits
✓ Typically found in commercial liability policies. Establishes 2 liability
limits; max payout per occurrence. Maximum payout per policy period
Joe's homeowners policy has a single limit of 150,000 for bodily injury liability
coverage. One day, joes friend was injured in an accident on Joes property
and the medical billls came to 15,000, which were covered by Joe's
homeowners policy. Which of the following is true?
Master01 | October, 2024/2025 | Latest update
