SUPER-DUPER TEXAS ADJUSTER LICENSE
ACTUAL EXAM SOLVED COMPLETE 300+
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
NEW VERSION!!
1. Homeowners Policy: Be familiar with the HO-A, HO-B, and HO-C perils
exclusions -name 16 - ANSWER 1. Electrical devices or wiring caused by
electricity other than lighting
2. Flood/water damage
3. Earth Movement
4. Governmental action
5. Ordinance or law
6. War
7. Nuclear damage
8. Mold
9. Neglect
10. Windstorm, hurricane or hail loss to awnings, greenhouses, antennas, radio
towers
11. Mechanical Breakdown
12. Wear and Tear, Rust or rot
13. rats, mice, termites, moths, or other insects
14.Freezing while building is unoccupied
,15. Loss caused by settling, cracking, bulging, shrinkage or expansion of swimming
pools, curbs, etc.
16. Loss cause by breakage, marring or scratching of fragile articles such as
statuary, marble, glassware, etc.
2. Homeowners Policy: What is Scheduled Personal Property (Personal Article
Floater) - ANSWER replaces coverage of all items listed in the endorsement.
Also note that it is not additional coverage.
3. Homeowners Policy: Coverage C - liability Coverage and Coverage D - Medical
Payments to Others of a homeowners policy provides coverage to whom? -
ANSWER to third parties, not the insured himself
4. Homeowners Policy: Property Damage to Others additional coverage of a
homeowners policy does not apply to property damage intentionally caused by an
insured who is _________ or older - ANSWER 13 years
5. Homeowners Policy: What happens to the obligation of the insurer when the
insured has filed for bankruptcy? - ANSWER The insurer is still liable to fulfill
their responsibilities even if the insured or the insured's estate files for
bankruptcy.
6. Homeowners Policy: The insurance company can cancel a policy for what 3
reasons? - ANSWER (1) Late premium payment
(2) Insured commits fraud in regard to insurance coverage
(3) Increase in hazard covered that is within the insured's control
, Homeowners Policy: What must the insurer provide to the insured if they are
cancelling the insured's insurance policy? - ANSWER A written notice
explaining the reasons for the cancellation
7. Homeowners Policy: List 5 common HO endorsements - ANSWER Personal
Articles Floater, Earthquake, Sinkhole, Sewer Backup and Tree & Shrub
8. Homeowners Policy: When settling losses in a personal articles floater, the
insurer settles the lesser of what 3 amounts? - ANSWER ACV, Cost to repair
or replace the item, or coverage limit
9. Flood Policy: The NFIP definition of flood is a general and temporary condition
of partial or complete inundation of two or more acres of normally dry land area
or of two or more properties from: - ANSWER (1) Overflow of inland or tidal
waters
(2) Unusual and rapid accumulation or runoff of surface waters from any source
(3) Mudflow or mudslides
10. Flood Policy: a flood is not - ANSWER a) Subsidence
b) Landslide
c) Sewer overflow
11. Farm Policy: What type of farm animal is specifically not covered under the
farm definition of "livestock"? - ANSWER Birds -- they are covered under the
definition of "poultry"
, 12. Crop Insurance: Crop Insurance only covers _________ crops. ___________
crops are covered by a Farm and Ranch policy - ANSWER growing, Harvested
13. Crop Insurance: In crop insurance, there are two different coverages provided
These coverages are: - ANSWER (1) Crop-yield insurance
(2) Crop-revenue insurance
14. Personal Auto Policy: What are the 5 eligible vehicles that can be covered
under a Personal Auto Policy? - ANSWER (1) Personal Vehicles
(2) Four-Wheel vehicles weighing 10,000 or less and not used for business
purposes
(3) Leased vehicles for at least 6 consecutive months
(4) Temporary substitute vehicle, i.e. rental car when covered auto is being
repaired
(5) Three-wheeled vehicle used in a medical emergency only
15. Personal Auto Policy: Most standard PAP cover which three common
territories? - ANSWER US, its territories and possessions Puerto Rico, and
Canada --Mexico not covered--
16. Personal Auto Policy: Be familiar with types of vehicles that are considered a
"covered auto" in a PAP policy - ANSWER a) Any vehicle shown on
Declarations pages
b) A newly acquired auto
c) Any trailer designed to be pulled by a private passenger auto or pickup of van
or a farm wagon or farm implement while towed by the above listed vehicle
ACTUAL EXAM SOLVED COMPLETE 300+
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
NEW VERSION!!
1. Homeowners Policy: Be familiar with the HO-A, HO-B, and HO-C perils
exclusions -name 16 - ANSWER 1. Electrical devices or wiring caused by
electricity other than lighting
2. Flood/water damage
3. Earth Movement
4. Governmental action
5. Ordinance or law
6. War
7. Nuclear damage
8. Mold
9. Neglect
10. Windstorm, hurricane or hail loss to awnings, greenhouses, antennas, radio
towers
11. Mechanical Breakdown
12. Wear and Tear, Rust or rot
13. rats, mice, termites, moths, or other insects
14.Freezing while building is unoccupied
,15. Loss caused by settling, cracking, bulging, shrinkage or expansion of swimming
pools, curbs, etc.
16. Loss cause by breakage, marring or scratching of fragile articles such as
statuary, marble, glassware, etc.
2. Homeowners Policy: What is Scheduled Personal Property (Personal Article
Floater) - ANSWER replaces coverage of all items listed in the endorsement.
Also note that it is not additional coverage.
3. Homeowners Policy: Coverage C - liability Coverage and Coverage D - Medical
Payments to Others of a homeowners policy provides coverage to whom? -
ANSWER to third parties, not the insured himself
4. Homeowners Policy: Property Damage to Others additional coverage of a
homeowners policy does not apply to property damage intentionally caused by an
insured who is _________ or older - ANSWER 13 years
5. Homeowners Policy: What happens to the obligation of the insurer when the
insured has filed for bankruptcy? - ANSWER The insurer is still liable to fulfill
their responsibilities even if the insured or the insured's estate files for
bankruptcy.
6. Homeowners Policy: The insurance company can cancel a policy for what 3
reasons? - ANSWER (1) Late premium payment
(2) Insured commits fraud in regard to insurance coverage
(3) Increase in hazard covered that is within the insured's control
, Homeowners Policy: What must the insurer provide to the insured if they are
cancelling the insured's insurance policy? - ANSWER A written notice
explaining the reasons for the cancellation
7. Homeowners Policy: List 5 common HO endorsements - ANSWER Personal
Articles Floater, Earthquake, Sinkhole, Sewer Backup and Tree & Shrub
8. Homeowners Policy: When settling losses in a personal articles floater, the
insurer settles the lesser of what 3 amounts? - ANSWER ACV, Cost to repair
or replace the item, or coverage limit
9. Flood Policy: The NFIP definition of flood is a general and temporary condition
of partial or complete inundation of two or more acres of normally dry land area
or of two or more properties from: - ANSWER (1) Overflow of inland or tidal
waters
(2) Unusual and rapid accumulation or runoff of surface waters from any source
(3) Mudflow or mudslides
10. Flood Policy: a flood is not - ANSWER a) Subsidence
b) Landslide
c) Sewer overflow
11. Farm Policy: What type of farm animal is specifically not covered under the
farm definition of "livestock"? - ANSWER Birds -- they are covered under the
definition of "poultry"
, 12. Crop Insurance: Crop Insurance only covers _________ crops. ___________
crops are covered by a Farm and Ranch policy - ANSWER growing, Harvested
13. Crop Insurance: In crop insurance, there are two different coverages provided
These coverages are: - ANSWER (1) Crop-yield insurance
(2) Crop-revenue insurance
14. Personal Auto Policy: What are the 5 eligible vehicles that can be covered
under a Personal Auto Policy? - ANSWER (1) Personal Vehicles
(2) Four-Wheel vehicles weighing 10,000 or less and not used for business
purposes
(3) Leased vehicles for at least 6 consecutive months
(4) Temporary substitute vehicle, i.e. rental car when covered auto is being
repaired
(5) Three-wheeled vehicle used in a medical emergency only
15. Personal Auto Policy: Most standard PAP cover which three common
territories? - ANSWER US, its territories and possessions Puerto Rico, and
Canada --Mexico not covered--
16. Personal Auto Policy: Be familiar with types of vehicles that are considered a
"covered auto" in a PAP policy - ANSWER a) Any vehicle shown on
Declarations pages
b) A newly acquired auto
c) Any trailer designed to be pulled by a private passenger auto or pickup of van
or a farm wagon or farm implement while towed by the above listed vehicle
