Texas Adjuster Exam COMPLETE QUESTIONS AND
ANSWERS | ALREADY PASSED | 2025 LATEST!!
If an automobile policy has split limits of 30/60/25. What is the maximum
amount of liability coverage that would be paid in a covered loss where three
people are involved. - (ANSWER)$30,000
Which of the following statements best describes an inland marine policy? -
(ANSWER)Pertains to Cargo with no fixed location
Alex is traveling through College Station and hits a deer, and the damages are
$1500. He has comprehensive coverage with a $500 deductible. What will you
pay? - (ANSWER)$1000
This department is responsible for making rates and determines the rates charged
by the insurer - (ANSWER)Actuarial department
Johnny has 30/60/25 limits on his auto policy, and he negligently ran into a
parked car driven by Steve Garcia. What is the maximum amount of coverage that
can be provided for the damage to Steve's car? - (ANSWER)25,000
Your customer has HO-B homeowners policy with a Coverage A limit os $300,000.
His mortgage payment is $1,400 per month. He can't stay in his home for 1 month
due to a claim that was caused by smoke. He is staying in a local hotel for 1
month. The cost of the hotel is $900 for the moth. How much will you pay your
policyholder for Additional Living Expenses - (ANSWER)$900
,Insurance for ocean vessels is the ______ type of insurance? - (ANSWER)oldest
Your insured has a homeowners policy with a Coverage A limit of $50,000, His
coverage B limit is $20,000. His deductible is 1%. He has 30 trees that are
damaged during the fire. How much are you going to pay on his claim? -
(ANSWER)2500
If you have a covered loss, in excess of a limit, you can apply that excess towards
the deductible. This best describes? - (ANSWER)Absorbing the deductible
What type of contract exists when the insurance policy is valid even though there
is an unequal exchange? - (ANSWER)Aleatory Contract
What is the intentional or unintentional impression by the insurance company
that a certain fact exists when it does not? - (ANSWER)Estoppel
An event that results in an insured loss / damages. - (ANSWER)Occurrence
Joseph ross owns a 2014 Toyota Avalon. while at the mall shopping, someone hit
his car and left a big dent on the right side of his car. He does not know who hit
his car, and there are no witnesses to this accident. What type of insurance
protection does he need to protect him from financial loss in this situation -
(ANSWER)Comprehensive
, Morris has a Texas Dwelling policy on his property. His property burns down in a
fire. He claims that he has also sustained a financial loss because he is not able to
rent the property to his tenants. What can you tell him? - (ANSWER)He has
coverage for loss of fair Rental Value
Method of dispute resolution that occurs when there is a dispute regarding
whether or not something is covered under the policy - (ANSWER)Arbitration
A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The
only way the customer will have a successful claim against John's insurance is? -
(ANSWER)John must be found legally liable for the incident
Janet thompson works for universal insurance company of Texas. She is involved
in a work related accident in the supply room. She immediately notifies her
supervisor about the accident. Universal insurance company must report the
injuries within how many days of being notified of the injury? - (ANSWER)8 days
Provisions in an insurance policy that indicates what is not covered? -
(ANSWER)Exclusions
As a public administrator you want to get insurance for your county's bridges and
tunnels. What kind of policy would you look for? - (ANSWER)Inland Marine
Lewis has a Texas dwelling policy on his property in Lewisville Texas. His tenant
called him to tell him that the property was broke into and all of his contents
were stolen. Lewis files a claim for his tenant's stolen contents. What do you tell
ANSWERS | ALREADY PASSED | 2025 LATEST!!
If an automobile policy has split limits of 30/60/25. What is the maximum
amount of liability coverage that would be paid in a covered loss where three
people are involved. - (ANSWER)$30,000
Which of the following statements best describes an inland marine policy? -
(ANSWER)Pertains to Cargo with no fixed location
Alex is traveling through College Station and hits a deer, and the damages are
$1500. He has comprehensive coverage with a $500 deductible. What will you
pay? - (ANSWER)$1000
This department is responsible for making rates and determines the rates charged
by the insurer - (ANSWER)Actuarial department
Johnny has 30/60/25 limits on his auto policy, and he negligently ran into a
parked car driven by Steve Garcia. What is the maximum amount of coverage that
can be provided for the damage to Steve's car? - (ANSWER)25,000
Your customer has HO-B homeowners policy with a Coverage A limit os $300,000.
His mortgage payment is $1,400 per month. He can't stay in his home for 1 month
due to a claim that was caused by smoke. He is staying in a local hotel for 1
month. The cost of the hotel is $900 for the moth. How much will you pay your
policyholder for Additional Living Expenses - (ANSWER)$900
,Insurance for ocean vessels is the ______ type of insurance? - (ANSWER)oldest
Your insured has a homeowners policy with a Coverage A limit of $50,000, His
coverage B limit is $20,000. His deductible is 1%. He has 30 trees that are
damaged during the fire. How much are you going to pay on his claim? -
(ANSWER)2500
If you have a covered loss, in excess of a limit, you can apply that excess towards
the deductible. This best describes? - (ANSWER)Absorbing the deductible
What type of contract exists when the insurance policy is valid even though there
is an unequal exchange? - (ANSWER)Aleatory Contract
What is the intentional or unintentional impression by the insurance company
that a certain fact exists when it does not? - (ANSWER)Estoppel
An event that results in an insured loss / damages. - (ANSWER)Occurrence
Joseph ross owns a 2014 Toyota Avalon. while at the mall shopping, someone hit
his car and left a big dent on the right side of his car. He does not know who hit
his car, and there are no witnesses to this accident. What type of insurance
protection does he need to protect him from financial loss in this situation -
(ANSWER)Comprehensive
, Morris has a Texas Dwelling policy on his property. His property burns down in a
fire. He claims that he has also sustained a financial loss because he is not able to
rent the property to his tenants. What can you tell him? - (ANSWER)He has
coverage for loss of fair Rental Value
Method of dispute resolution that occurs when there is a dispute regarding
whether or not something is covered under the policy - (ANSWER)Arbitration
A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The
only way the customer will have a successful claim against John's insurance is? -
(ANSWER)John must be found legally liable for the incident
Janet thompson works for universal insurance company of Texas. She is involved
in a work related accident in the supply room. She immediately notifies her
supervisor about the accident. Universal insurance company must report the
injuries within how many days of being notified of the injury? - (ANSWER)8 days
Provisions in an insurance policy that indicates what is not covered? -
(ANSWER)Exclusions
As a public administrator you want to get insurance for your county's bridges and
tunnels. What kind of policy would you look for? - (ANSWER)Inland Marine
Lewis has a Texas dwelling policy on his property in Lewisville Texas. His tenant
called him to tell him that the property was broke into and all of his contents
were stolen. Lewis files a claim for his tenant's stolen contents. What do you tell
