GEORGIA CLAIMS ADJUSTER LICENSING EXAM 2025
GA CLAIMS ADJUSTER EXAM ALL 130 QUESTIONS
AND CORRECT ANSWERS (VERIFIED ANSWERS) |
LATEST VERSION
What coverage does Community Eligibility apply to? - ✔✔ANSW✔✔..Flood insurance
through FEMA
What's the difference between Emergency Program and Regular Program in the
National Flood Insurance Program? - ✔✔ANSW✔✔..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? -
✔✔ANSW✔✔..$250,000
On what policy can you add the Flood Program endorsement? - ✔✔ANSW✔✔..None! It
has its own policy through the Federal Government.
Difference in Conditions (DIC) Insurance - ✔✔ANSW✔✔..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? - ✔✔ANSW✔✔..30 days after policy
purchase
What is the coverage change waiting period for the NFIP? - ✔✔ANSW✔✔..5 days
Give examples of the flood peril - ✔✔ANSW✔✔..- 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? - ✔✔ANSW✔✔..Your house and your
things (dwelling and personal property). No indirect charges.
Dwelling coverage extension for flood insurance covers what? How much is it? -
✔✔ANSW✔✔..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? - ✔✔ANSW✔✔..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? - ✔✔ANSW✔✔..Dwelling, Contents, Debris
Removal
How are damaged items valued in flood coverage? - ✔✔ANSW✔✔..Dwelling -
replacement cost
Contents - Actual Cash Value
What kind of property is not covered by flood insurance? - ✔✔ANSW✔✔..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 - ✔✔ANSW✔✔..(amount of insurance
purchased/80% Dwellings Total replacement cost) x Loss Amount
Standard deductible on flood insurance - ✔✔ANSW✔✔..$1K for Dwelling and $1K for
Content
Personal Inland Marine Insurance - ✔✔ANSW✔✔..Floaters or policies for world-wide
coverage of personal property on an open-peril basis.
Is flood excluded from Personal Inland Marine Insurance? - ✔✔ANSW✔✔..NOPE. It's
covered!
What are the floaters available on Personal Inland Marine Insurance? -
✔✔ANSW✔✔..Personal Articles Floaters, Personal Property Floaters, and Personal
Effects Floaters
What perils are covered under Personal Inland Marine Insurance floaters? -
✔✔ANSW✔✔..all; open-peril
Which PIMI floater would be appropriate for a diamond ring? Why? -
✔✔ANSW✔✔..Personal Articles Floater - itemizes valuables such as jewelry and furs
What is a Personal Effects Floater good for? What deductible does it have? -
✔✔ANSW✔✔..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? -
✔✔ANSW✔✔..World-wide open peril coverage of personal property - usually for special
occasions like weddings or exhibitions. There is a blanket limit!
GA CLAIMS ADJUSTER EXAM ALL 130 QUESTIONS
AND CORRECT ANSWERS (VERIFIED ANSWERS) |
LATEST VERSION
What coverage does Community Eligibility apply to? - ✔✔ANSW✔✔..Flood insurance
through FEMA
What's the difference between Emergency Program and Regular Program in the
National Flood Insurance Program? - ✔✔ANSW✔✔..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? -
✔✔ANSW✔✔..$250,000
On what policy can you add the Flood Program endorsement? - ✔✔ANSW✔✔..None! It
has its own policy through the Federal Government.
Difference in Conditions (DIC) Insurance - ✔✔ANSW✔✔..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? - ✔✔ANSW✔✔..30 days after policy
purchase
What is the coverage change waiting period for the NFIP? - ✔✔ANSW✔✔..5 days
Give examples of the flood peril - ✔✔ANSW✔✔..- 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? - ✔✔ANSW✔✔..Your house and your
things (dwelling and personal property). No indirect charges.
Dwelling coverage extension for flood insurance covers what? How much is it? -
✔✔ANSW✔✔..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? - ✔✔ANSW✔✔..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? - ✔✔ANSW✔✔..Dwelling, Contents, Debris
Removal
How are damaged items valued in flood coverage? - ✔✔ANSW✔✔..Dwelling -
replacement cost
Contents - Actual Cash Value
What kind of property is not covered by flood insurance? - ✔✔ANSW✔✔..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 - ✔✔ANSW✔✔..(amount of insurance
purchased/80% Dwellings Total replacement cost) x Loss Amount
Standard deductible on flood insurance - ✔✔ANSW✔✔..$1K for Dwelling and $1K for
Content
Personal Inland Marine Insurance - ✔✔ANSW✔✔..Floaters or policies for world-wide
coverage of personal property on an open-peril basis.
Is flood excluded from Personal Inland Marine Insurance? - ✔✔ANSW✔✔..NOPE. It's
covered!
What are the floaters available on Personal Inland Marine Insurance? -
✔✔ANSW✔✔..Personal Articles Floaters, Personal Property Floaters, and Personal
Effects Floaters
What perils are covered under Personal Inland Marine Insurance floaters? -
✔✔ANSW✔✔..all; open-peril
Which PIMI floater would be appropriate for a diamond ring? Why? -
✔✔ANSW✔✔..Personal Articles Floater - itemizes valuables such as jewelry and furs
What is a Personal Effects Floater good for? What deductible does it have? -
✔✔ANSW✔✔..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? -
✔✔ANSW✔✔..World-wide open peril coverage of personal property - usually for special
occasions like weddings or exhibitions. There is a blanket limit!
