GA Claims Adjuster Licensing Exam
Questions with correct answers
What coverage does Community Eligibility apply to? - CORRECT ANSWER-✔✔✅Flood insurance
through FEMA
What's the difference between Emergency Program and Regular Program in the National Flood
Insurance Program? - CORRECT ANSWER-✔✔✅Emergency applies to homes in communities that are a
normally not a flood hazard. Regular programs are awarded to an entire community that is eligible due
to flood hazard.
What is the flood coverage on a regular program in a 1-4 Family Dwelling? - CORRECT ANSWER-
✔✔✅$250,000
On what policy can you add the Flood Program endorsement? - CORRECT ANSWER-✔✔✅None! It has
its own policy through the Federal Government.
Difference in Conditions (DIC) Insurance - CORRECT ANSWER-✔✔✅A separate insurance policy that
provides open-perils coverage to fill in the gaps left by flood coverage if a home is worth over $250K.
Coverage is produced through Excess/Surplus Lines.
What is the waiting period on NFIP coverage? - CORRECT ANSWER-✔✔✅30 days after policy purchase
What is the coverage change waiting period for the NFIP? - CORRECT ANSWER-✔✔✅5 days
Give examples of the flood peril - CORRECT ANSWER-✔✔✅- an overflow of inland or tidal waters
- unusual or rapid accumulation or runoff of surface waters
-Mudflow or Mudslide
- Collapse of land along the shore of a lake as a result of erosion
,What kinds of things does flood insurance cover? - CORRECT ANSWER-✔✔✅Your house and your
things (dwelling and personal property). No indirect charges.
Dwelling coverage extension for flood insurance covers what? How much is it? - CORRECT ANSWER-
✔✔✅Structures not attached to dwelling (O.S. or Appurtenant structures). 10% of Dwelling limit. ***It
is an extension of coverage, NOT the $250K limit so any coverage needed here will reduce the amount
able to go to the dwelling.
Contents coverage of flood insurance is limited to what? - CORRECT ANSWER-✔✔✅Personal property
damaged or destroyed by the flood itself and belongs to insured and resident spouse/relatives. The
insured is liable for content of others.
What are the coverages of flood insurance? - CORRECT ANSWER-✔✔✅Dwelling, Contents, Debris
Removal
How are damaged items valued in flood coverage? - CORRECT ANSWER-✔✔✅Dwelling - replacement
cost
Contents - Actual Cash Value
What kind of property is not covered by flood insurance? - CORRECT ANSWER-✔✔✅Basements and
underground structure (ex. septic tanks), animals, money/accounts/bills, land, anything else covered by
other policies (motor vehicles, aircraft, watercraft)
Loss Valuation on flood insurance - CORRECT ANSWER-✔✔✅(amount of insurance purchased/80%
Dwellings Total replacement cost) x Loss Amount
Standard deductible on flood insurance - CORRECT ANSWER-✔✔✅$1K for Dwelling and $1K for
Content
Personal Inland Marine Insurance - CORRECT ANSWER-✔✔✅Floaters or policies for world-wide
coverage of personal property on an open-peril basis.
Is flood excluded from Personal Inland Marine Insurance? - CORRECT ANSWER-✔✔✅NOPE. It's
covered!
, What are the floaters available on Personal Inland Marine Insurance? - CORRECT ANSWER-
✔✔✅Personal Articles Floaters, Personal Property Floaters, and Personal Effects Floaters
What perils are covered under Personal Inland Marine Insurance floaters? - CORRECT ANSWER-
✔✔✅all; open-peril
Which PIMI floater would be appropriate for a diamond ring? Why? - CORRECT ANSWER-
✔✔✅Personal Articles Floater - itemizes valuables such as jewelry and furs
What is a Personal Effects Floater good for? What deductible does it have? - CORRECT ANSWER-
✔✔✅world-wide open peril coverage of personal property for people who are traveling - luggage,
sports equipment, clothes, and camera. NO DEDUCTIBLE.
What is a Personal Property Floater good for? What kind of limit do they have? - CORRECT ANSWER-
✔✔✅World-wide open peril coverage of personal property - usually for special occasions like weddings
or exhibitions. There is a blanket limit!
Does personal inland marine insurance cover flood? - CORRECT ANSWER-✔✔✅Yes. Somehow.
All of the following coverage is available under a Standard Flood Insurance Policy issued by the National
Flood Insurance Program except:
a. Loss of Use
b. Dwelling
c. Personal Property
d. Removal - CORRECT ANSWER-✔✔✅A. Loss of Use
The maximum number of days that a Standard Flood Insurance Policy will cover property removed is:
a. 15 days
b. 20 days
c. 30 days
d. 45 days - CORRECT ANSWER-✔✔✅d. 45 days
Questions with correct answers
What coverage does Community Eligibility apply to? - CORRECT ANSWER-✔✔✅Flood insurance
through FEMA
What's the difference between Emergency Program and Regular Program in the National Flood
Insurance Program? - CORRECT ANSWER-✔✔✅Emergency applies to homes in communities that are a
normally not a flood hazard. Regular programs are awarded to an entire community that is eligible due
to flood hazard.
What is the flood coverage on a regular program in a 1-4 Family Dwelling? - CORRECT ANSWER-
✔✔✅$250,000
On what policy can you add the Flood Program endorsement? - CORRECT ANSWER-✔✔✅None! It has
its own policy through the Federal Government.
Difference in Conditions (DIC) Insurance - CORRECT ANSWER-✔✔✅A separate insurance policy that
provides open-perils coverage to fill in the gaps left by flood coverage if a home is worth over $250K.
Coverage is produced through Excess/Surplus Lines.
What is the waiting period on NFIP coverage? - CORRECT ANSWER-✔✔✅30 days after policy purchase
What is the coverage change waiting period for the NFIP? - CORRECT ANSWER-✔✔✅5 days
Give examples of the flood peril - CORRECT ANSWER-✔✔✅- an overflow of inland or tidal waters
- unusual or rapid accumulation or runoff of surface waters
-Mudflow or Mudslide
- Collapse of land along the shore of a lake as a result of erosion
,What kinds of things does flood insurance cover? - CORRECT ANSWER-✔✔✅Your house and your
things (dwelling and personal property). No indirect charges.
Dwelling coverage extension for flood insurance covers what? How much is it? - CORRECT ANSWER-
✔✔✅Structures not attached to dwelling (O.S. or Appurtenant structures). 10% of Dwelling limit. ***It
is an extension of coverage, NOT the $250K limit so any coverage needed here will reduce the amount
able to go to the dwelling.
Contents coverage of flood insurance is limited to what? - CORRECT ANSWER-✔✔✅Personal property
damaged or destroyed by the flood itself and belongs to insured and resident spouse/relatives. The
insured is liable for content of others.
What are the coverages of flood insurance? - CORRECT ANSWER-✔✔✅Dwelling, Contents, Debris
Removal
How are damaged items valued in flood coverage? - CORRECT ANSWER-✔✔✅Dwelling - replacement
cost
Contents - Actual Cash Value
What kind of property is not covered by flood insurance? - CORRECT ANSWER-✔✔✅Basements and
underground structure (ex. septic tanks), animals, money/accounts/bills, land, anything else covered by
other policies (motor vehicles, aircraft, watercraft)
Loss Valuation on flood insurance - CORRECT ANSWER-✔✔✅(amount of insurance purchased/80%
Dwellings Total replacement cost) x Loss Amount
Standard deductible on flood insurance - CORRECT ANSWER-✔✔✅$1K for Dwelling and $1K for
Content
Personal Inland Marine Insurance - CORRECT ANSWER-✔✔✅Floaters or policies for world-wide
coverage of personal property on an open-peril basis.
Is flood excluded from Personal Inland Marine Insurance? - CORRECT ANSWER-✔✔✅NOPE. It's
covered!
, What are the floaters available on Personal Inland Marine Insurance? - CORRECT ANSWER-
✔✔✅Personal Articles Floaters, Personal Property Floaters, and Personal Effects Floaters
What perils are covered under Personal Inland Marine Insurance floaters? - CORRECT ANSWER-
✔✔✅all; open-peril
Which PIMI floater would be appropriate for a diamond ring? Why? - CORRECT ANSWER-
✔✔✅Personal Articles Floater - itemizes valuables such as jewelry and furs
What is a Personal Effects Floater good for? What deductible does it have? - CORRECT ANSWER-
✔✔✅world-wide open peril coverage of personal property for people who are traveling - luggage,
sports equipment, clothes, and camera. NO DEDUCTIBLE.
What is a Personal Property Floater good for? What kind of limit do they have? - CORRECT ANSWER-
✔✔✅World-wide open peril coverage of personal property - usually for special occasions like weddings
or exhibitions. There is a blanket limit!
Does personal inland marine insurance cover flood? - CORRECT ANSWER-✔✔✅Yes. Somehow.
All of the following coverage is available under a Standard Flood Insurance Policy issued by the National
Flood Insurance Program except:
a. Loss of Use
b. Dwelling
c. Personal Property
d. Removal - CORRECT ANSWER-✔✔✅A. Loss of Use
The maximum number of days that a Standard Flood Insurance Policy will cover property removed is:
a. 15 days
b. 20 days
c. 30 days
d. 45 days - CORRECT ANSWER-✔✔✅d. 45 days
