California Adjuster PSI Exam Questions
and Answers
Duty bof ban binsurer bin bcase bof ba bloss b- bcorrect banswers✔✔The binsurer bis brequired
bto bconduct ba bthorough binvestigation, bestablish bclaim bprocedures band bmethods bof
bdocumentation, band backnowledge breceipt bof ba bclaim bin ba btimely bfashion.
Responsibility bof ban binsured bin bcase bof ba bloss b- bcorrect banswers✔✔The binsured
bmust bseparate bthe bdamaged bproperty bfrom bthe bundamaged bproperty band bprotect
bthe bproperty bfrom bfurther bloss.
Definition bof b'additional bcoverages' bin binsurance bpolicies b- bcorrect
banswers✔✔Additional bcoverages bare bincluded bin binsurance bpolicies bat bno bextra
bcost. bExamples bof badditional bcoverages binclude bdebris bremoval band breasonable
brepairs.
Essential bconditions bfor ba bsalvage baward b- bcorrect banswers✔✔To bbe beligible bfor
ba bsalvage baward, bthe bproperty binvolved bmust bbe bin bperil bfrom bsome bhazard, bthe
bsalvage bservice bmust bbe bvoluntary, band bthe bsalvage beffort bmust bbe bsuccessful.
Contents bof ban bendorsement bfor bwater bbackup bthrough ba bsewer bor bdrain b-
bcorrect banswers✔✔An bendorsement bfor bwater bbackup bthrough ba bsewer bor bdrain
bincludes ba bseparate bstated blimit bof bcoverage band ba bseparate bstated bdeductible
bfor bcovered blosses.
Duties bof ban binsured bwhen bfiling ba bclaim b- bcorrect banswers✔✔When bfiling ba
bclaim, bthe binsured bis bresponsible bfor bproviding ba bproof bof bloss bstatement,
bpreserving bthe bundamaged bproperty, band bfully bcooperating bin bproviding brelevant
bbooks band brecords.
Example bof ban bact bthat bcould blead bto binjury b- bcorrect banswers✔✔An bexample bof
ban bact bthat bcould blead bto binjury bis bthe bimproper bprotection bof ba bjob bsite bby ba
bcontractor.
Coverage blimit bfor ba bsingle-family bresidence bunder bthe bregular bflood bprogram b-
bcorrect banswers✔✔The bcoverage blimit bfor ba bsingle-family bresidence bunder bthe
bregular bflood bprogram bis b$250,000.
, Eligibility bfor ba bBusinessowners bPolicy b- bcorrect banswers✔✔A bfuneral bhome bis
beligible bfor ba bBusinessowners bPolicy.
Application bof bself-insured bretention bin ban bumbrella bpolicy b- bcorrect
banswers✔✔Self-insured bretention bis bapplied bin ban bumbrella bpolicy bwhen bthe
bumbrella bpolicy bcovers ba bliability bclaim bthat bis bexcluded bby bprimary bpolicies.
Duration bof bdisability bperiod bfor ban binjured bemployee bto breceive btemporary
bdisability bcompensation b- bcorrect banswers✔✔An binjured bemployee bmust bbe
bdisabled bfor ba bperiod bbeyond b14 bdays bto breceive btemporary bdisability
bcompensation.
Purpose bof ban battorney bproviding bnotice bof bdeposition b- bcorrect banswers✔✔The
bpurpose bof ban battorney bproviding bnotice bof bdeposition bis bto bsecure ba brecorded
bstatement bunder boath.
Definition bof bpreauthorization/precertification b- bcorrect
banswers✔✔Preauthorization/precertification bis bthe bdetermination bby ba bhealth
bbenefit bplan bthat bproposed bhealth bcare bservices bare bmedically bnecessary.
Subrogation bby ban binsurance bcompany b- bcorrect banswers✔✔An binsurance
bcompany bcan bsubrogate bfor bthe bactual bamount bpaid, bplus bthe binsured's
bdeductible.
Requirement bunder ba bCommercial bProperty bPolicy bto bbe bcovered bfor bthe bperil bof
bfreezing b- bcorrect banswers✔✔To bbe bcovered bfor bthe bperil bof bfreezing bunder ba
bCommercial bProperty bPolicy, bthe binsured bmust bmaintain bheat bin bthe bbuilding bor
bcut boff bthe bwater band bdrain bthe blines.
Coverages bprovided bunder bthe bHO bPolicy bfor bloss bof buse b- bcorrect
banswers✔✔The bcoverages bprovided bunder bthe bHO bPolicy bfor bloss bof buse bare
bAdditional bLiving bExpense band bFair bRental bValue.
Notification bof bclaim binvestigation b- bcorrect banswers✔✔Notification bof bclaim
binvestigation bis bthe bdetermination bby ba bhealth bbenefit bplan bthat bproposed bhealth
bcare bservices bare bmedically bnecessary.
Coverage blimit bfor bloss bassessment bunder bSection bII bof bhomeowner bforms b-
bcorrect banswers✔✔The bcoverage blimit bfor bloss bassessment bunder bSection bII bof
bhomeowner bforms bis b$1,000.
Characteristics bof bcontrolled bforms b- bcorrect banswers✔✔Controlled bforms bare
busually bissued baccording bto bpublished brules band brates.
and Answers
Duty bof ban binsurer bin bcase bof ba bloss b- bcorrect banswers✔✔The binsurer bis brequired
bto bconduct ba bthorough binvestigation, bestablish bclaim bprocedures band bmethods bof
bdocumentation, band backnowledge breceipt bof ba bclaim bin ba btimely bfashion.
Responsibility bof ban binsured bin bcase bof ba bloss b- bcorrect banswers✔✔The binsured
bmust bseparate bthe bdamaged bproperty bfrom bthe bundamaged bproperty band bprotect
bthe bproperty bfrom bfurther bloss.
Definition bof b'additional bcoverages' bin binsurance bpolicies b- bcorrect
banswers✔✔Additional bcoverages bare bincluded bin binsurance bpolicies bat bno bextra
bcost. bExamples bof badditional bcoverages binclude bdebris bremoval band breasonable
brepairs.
Essential bconditions bfor ba bsalvage baward b- bcorrect banswers✔✔To bbe beligible bfor
ba bsalvage baward, bthe bproperty binvolved bmust bbe bin bperil bfrom bsome bhazard, bthe
bsalvage bservice bmust bbe bvoluntary, band bthe bsalvage beffort bmust bbe bsuccessful.
Contents bof ban bendorsement bfor bwater bbackup bthrough ba bsewer bor bdrain b-
bcorrect banswers✔✔An bendorsement bfor bwater bbackup bthrough ba bsewer bor bdrain
bincludes ba bseparate bstated blimit bof bcoverage band ba bseparate bstated bdeductible
bfor bcovered blosses.
Duties bof ban binsured bwhen bfiling ba bclaim b- bcorrect banswers✔✔When bfiling ba
bclaim, bthe binsured bis bresponsible bfor bproviding ba bproof bof bloss bstatement,
bpreserving bthe bundamaged bproperty, band bfully bcooperating bin bproviding brelevant
bbooks band brecords.
Example bof ban bact bthat bcould blead bto binjury b- bcorrect banswers✔✔An bexample bof
ban bact bthat bcould blead bto binjury bis bthe bimproper bprotection bof ba bjob bsite bby ba
bcontractor.
Coverage blimit bfor ba bsingle-family bresidence bunder bthe bregular bflood bprogram b-
bcorrect banswers✔✔The bcoverage blimit bfor ba bsingle-family bresidence bunder bthe
bregular bflood bprogram bis b$250,000.
, Eligibility bfor ba bBusinessowners bPolicy b- bcorrect banswers✔✔A bfuneral bhome bis
beligible bfor ba bBusinessowners bPolicy.
Application bof bself-insured bretention bin ban bumbrella bpolicy b- bcorrect
banswers✔✔Self-insured bretention bis bapplied bin ban bumbrella bpolicy bwhen bthe
bumbrella bpolicy bcovers ba bliability bclaim bthat bis bexcluded bby bprimary bpolicies.
Duration bof bdisability bperiod bfor ban binjured bemployee bto breceive btemporary
bdisability bcompensation b- bcorrect banswers✔✔An binjured bemployee bmust bbe
bdisabled bfor ba bperiod bbeyond b14 bdays bto breceive btemporary bdisability
bcompensation.
Purpose bof ban battorney bproviding bnotice bof bdeposition b- bcorrect banswers✔✔The
bpurpose bof ban battorney bproviding bnotice bof bdeposition bis bto bsecure ba brecorded
bstatement bunder boath.
Definition bof bpreauthorization/precertification b- bcorrect
banswers✔✔Preauthorization/precertification bis bthe bdetermination bby ba bhealth
bbenefit bplan bthat bproposed bhealth bcare bservices bare bmedically bnecessary.
Subrogation bby ban binsurance bcompany b- bcorrect banswers✔✔An binsurance
bcompany bcan bsubrogate bfor bthe bactual bamount bpaid, bplus bthe binsured's
bdeductible.
Requirement bunder ba bCommercial bProperty bPolicy bto bbe bcovered bfor bthe bperil bof
bfreezing b- bcorrect banswers✔✔To bbe bcovered bfor bthe bperil bof bfreezing bunder ba
bCommercial bProperty bPolicy, bthe binsured bmust bmaintain bheat bin bthe bbuilding bor
bcut boff bthe bwater band bdrain bthe blines.
Coverages bprovided bunder bthe bHO bPolicy bfor bloss bof buse b- bcorrect
banswers✔✔The bcoverages bprovided bunder bthe bHO bPolicy bfor bloss bof buse bare
bAdditional bLiving bExpense band bFair bRental bValue.
Notification bof bclaim binvestigation b- bcorrect banswers✔✔Notification bof bclaim
binvestigation bis bthe bdetermination bby ba bhealth bbenefit bplan bthat bproposed bhealth
bcare bservices bare bmedically bnecessary.
Coverage blimit bfor bloss bassessment bunder bSection bII bof bhomeowner bforms b-
bcorrect banswers✔✔The bcoverage blimit bfor bloss bassessment bunder bSection bII bof
bhomeowner bforms bis b$1,000.
Characteristics bof bcontrolled bforms b- bcorrect banswers✔✔Controlled bforms bare
busually bissued baccording bto bpublished brules band brates.
