ILLINIOS PUBLIC ADJUSTER EXAM
mullion - Answers- A vertical member between the panels of a window door or other
opening
What is the maximum rise of stairs - Answers- 9.5
What is pitch? - Answers- The incline angle of a roof
When must a truss be notched are groves? - Answers- Only when preapproved and
writing by a certified engineer
A gable roof 32 feet long is to have rafters installed 16 inches on center. How many
Rafters are needed - Answers- 24
It is allowable for a public adjuster to... - Answers- State that he is she is licensed by
the department of insurance
When may a public adjuster attempt to sign a new client - Answers- Between the hours
of 8 AM and 7 PM
Which of the following actions by a public adjuster would be a violation of law -
Answers- Advancing funds to insureds.. in anticipation of claim proceeds
How is actual cash value calculated according to administrative role 919? - Answers-
Replacement cost at the time of a loss, less depreciation
An Insurer a must notify the public adjuster if a claim remains unresolved - after how
many days? - Answers- 25 days after receiving proof of loss
In Illinois if a fire and extended coverage policy has been in effect for less than 60 days,
which of the following is NOT an allowable reason for cancellation by the insurer -
Answers- Two or more claims filed jointly
How long must a public adjuster maintain records possible inspection and examination
by the Johnson - Answers- 7 years
To whom may a public adjuster not give out any of the insured information without
consent of the insured - Answers- A contractor which is developing/depending on the
repair estimate
If the insured for amounts of appraised loss is upheld under the appraisal clause of a
fire and extended coverage policy, who pays the fees of the appraisal and the umpire? -
Answers- The insurer pays the fees of all
, The Illinois guaranty fund will cover claims when... - Answers- The insurer is insolvent
and under in order of liquidation
The Illinois Guaranty fund provides a mechanism for the payment of claims of insolvent
carriers EXCEPT for... - Answers- A surplus lines company
When negotiating a lost, which of the following is NOT negotiable between the public
adjuster and the insurance adjuster - Answers- The cause of loss
Insurance is a type of.. - Answers- Risk transfer
In an insurance policy who is the first party - Answers- The names insured
Which of the following does not need to be submitted to the Director, in order to act as a
public adjuster? - Answers- Copy of all insurance policies for the business.
If A public adjuster moves, how soon does he or she need to inform the Director? -
Answers- 30 days
Which of the following is not a prohibited action of a public adjuster - Answers-
Commencing repairs pending adjustment of a claim
If a public adjuster contracts with an insured within 5 days of a filed lost, how long does
the insured have to void their contract - Answers- 5 days
If an insured receives claim proceeds from an insured that are to be paid jointly to the
insured and the public adjuster, how many days does insured have to release a portion
of the proceeds, which are due to the public adjuster? - Answers- Within 5 days
The theory of indemnity does NOT include which of the following - Answers-
Concurrent causation
Building obsolescence maybe brought about by a change in all of the following except
which of the following? - Answers- Wear and Tear
Which is the best answer - Answers- A. vacant means no furnishings or habitation by
people
B. on occupied means furnishings but no invitation
C. Both A & B
Which of the following buildings is vacant from an insurance perspective - Answers- A
building with no contents and no habitation
Which of the following best describes a moral hazard - Answers- An Insured..
carelessness and reckless attitude increases the risk of loss
mullion - Answers- A vertical member between the panels of a window door or other
opening
What is the maximum rise of stairs - Answers- 9.5
What is pitch? - Answers- The incline angle of a roof
When must a truss be notched are groves? - Answers- Only when preapproved and
writing by a certified engineer
A gable roof 32 feet long is to have rafters installed 16 inches on center. How many
Rafters are needed - Answers- 24
It is allowable for a public adjuster to... - Answers- State that he is she is licensed by
the department of insurance
When may a public adjuster attempt to sign a new client - Answers- Between the hours
of 8 AM and 7 PM
Which of the following actions by a public adjuster would be a violation of law -
Answers- Advancing funds to insureds.. in anticipation of claim proceeds
How is actual cash value calculated according to administrative role 919? - Answers-
Replacement cost at the time of a loss, less depreciation
An Insurer a must notify the public adjuster if a claim remains unresolved - after how
many days? - Answers- 25 days after receiving proof of loss
In Illinois if a fire and extended coverage policy has been in effect for less than 60 days,
which of the following is NOT an allowable reason for cancellation by the insurer -
Answers- Two or more claims filed jointly
How long must a public adjuster maintain records possible inspection and examination
by the Johnson - Answers- 7 years
To whom may a public adjuster not give out any of the insured information without
consent of the insured - Answers- A contractor which is developing/depending on the
repair estimate
If the insured for amounts of appraised loss is upheld under the appraisal clause of a
fire and extended coverage policy, who pays the fees of the appraisal and the umpire? -
Answers- The insurer pays the fees of all
, The Illinois guaranty fund will cover claims when... - Answers- The insurer is insolvent
and under in order of liquidation
The Illinois Guaranty fund provides a mechanism for the payment of claims of insolvent
carriers EXCEPT for... - Answers- A surplus lines company
When negotiating a lost, which of the following is NOT negotiable between the public
adjuster and the insurance adjuster - Answers- The cause of loss
Insurance is a type of.. - Answers- Risk transfer
In an insurance policy who is the first party - Answers- The names insured
Which of the following does not need to be submitted to the Director, in order to act as a
public adjuster? - Answers- Copy of all insurance policies for the business.
If A public adjuster moves, how soon does he or she need to inform the Director? -
Answers- 30 days
Which of the following is not a prohibited action of a public adjuster - Answers-
Commencing repairs pending adjustment of a claim
If a public adjuster contracts with an insured within 5 days of a filed lost, how long does
the insured have to void their contract - Answers- 5 days
If an insured receives claim proceeds from an insured that are to be paid jointly to the
insured and the public adjuster, how many days does insured have to release a portion
of the proceeds, which are due to the public adjuster? - Answers- Within 5 days
The theory of indemnity does NOT include which of the following - Answers-
Concurrent causation
Building obsolescence maybe brought about by a change in all of the following except
which of the following? - Answers- Wear and Tear
Which is the best answer - Answers- A. vacant means no furnishings or habitation by
people
B. on occupied means furnishings but no invitation
C. Both A & B
Which of the following buildings is vacant from an insurance perspective - Answers- A
building with no contents and no habitation
Which of the following best describes a moral hazard - Answers- An Insured..
carelessness and reckless attitude increases the risk of loss
