Florida Insurance Adjuster Licensing Test questions with
verified answers
$1000 loss; $1000 deductible; $1000 payment. This is an illustration of a
Ans✓✓✓ franchise deductible
a 5% hurricane deductible in a homeowner's policy insuring a $100,000 home
would be Ans✓✓✓ $5000
a broken smoke alarm is best described as Ans✓✓✓ a hazard
A building is destroyed by flood. The loss of profits from renting the building is
Ans✓✓✓ Indirect Loss
a crime policy values securities on Ans✓✓✓ the day the loss is discovered
A FL insured has PIP coverage. If the insured was hit by a bus while walking in
downtown New York on vacation, what is true? Ans✓✓✓ no PIP coverage
A health policy that only provides benefits for a single illness is known as
Ans✓✓✓ Dread Disease Policy
a Loss Payable Clause refers to Ans✓✓✓ lender interest in personal property
A new adjuster is first required to taken____ total hours as continuing education
Ans✓✓✓ 24
, a pro rate policy shares the ______ in proportion that its limit bears to the total
available limits Ans✓✓✓ loss payment
a public adjuster is required to post a _______ bond Ans✓✓✓ $50,000
A request for mediation shall be filed with the Ans✓✓✓ Department
According to the code of ethics, the work of adjusting insurance Ans✓✓✓ should
be self-regulated
According to the ethical requirements, an adjsuter shall never approach
adjustments in a manner ______ to the insured Ans✓✓✓ prejudicial
according to the ethical requirements, an adjuster shall adjust all claims strictly in
accordance with Ans✓✓✓ claims handling procedure
Adjusters shall not give ______ advice Ans✓✓✓ Legal
Advertising gifts are limited to Ans✓✓✓ $25
All claims arising out of a plaintiff's injuries including _____ claims, shall be
brought together Ans✓✓✓ Derivative
all of the following may be the basis for discrimination except Ans✓✓✓
education
verified answers
$1000 loss; $1000 deductible; $1000 payment. This is an illustration of a
Ans✓✓✓ franchise deductible
a 5% hurricane deductible in a homeowner's policy insuring a $100,000 home
would be Ans✓✓✓ $5000
a broken smoke alarm is best described as Ans✓✓✓ a hazard
A building is destroyed by flood. The loss of profits from renting the building is
Ans✓✓✓ Indirect Loss
a crime policy values securities on Ans✓✓✓ the day the loss is discovered
A FL insured has PIP coverage. If the insured was hit by a bus while walking in
downtown New York on vacation, what is true? Ans✓✓✓ no PIP coverage
A health policy that only provides benefits for a single illness is known as
Ans✓✓✓ Dread Disease Policy
a Loss Payable Clause refers to Ans✓✓✓ lender interest in personal property
A new adjuster is first required to taken____ total hours as continuing education
Ans✓✓✓ 24
, a pro rate policy shares the ______ in proportion that its limit bears to the total
available limits Ans✓✓✓ loss payment
a public adjuster is required to post a _______ bond Ans✓✓✓ $50,000
A request for mediation shall be filed with the Ans✓✓✓ Department
According to the code of ethics, the work of adjusting insurance Ans✓✓✓ should
be self-regulated
According to the ethical requirements, an adjsuter shall never approach
adjustments in a manner ______ to the insured Ans✓✓✓ prejudicial
according to the ethical requirements, an adjuster shall adjust all claims strictly in
accordance with Ans✓✓✓ claims handling procedure
Adjusters shall not give ______ advice Ans✓✓✓ Legal
Advertising gifts are limited to Ans✓✓✓ $25
All claims arising out of a plaintiff's injuries including _____ claims, shall be
brought together Ans✓✓✓ Derivative
all of the following may be the basis for discrimination except Ans✓✓✓
education
