ILLINOIS PUBLIC ADJUSTER END OF COURSE EXAM
2025/2026 QUESTIONS AND ANSWERS GRADED A+
✔✔Under equipment breakdown coverage, the full replacement cost will be provided if
the equipment is repaired in what time period after a loss? - ✔✔24 months.
✔✔In the newest edition of the commercial property form, what is now considered part
of the building? - ✔✔Vegetated roofs
✔✔Which Dwelling forms provide broad form coverage for personal property? - ✔✔DP-
2 and DP-3
✔✔The homeowner personal property replacement cost endorsement would pay
replacement cost for ___________? - ✔✔Used clothing
✔✔An insurer must acknowledge receipt of a claim within _______ working days? -
✔✔10
✔✔An insurance contract is considered 4 things - ✔✔Aleatory
Unilateral
Adhesive
Conditional
✔✔Admitted insurers must be financially examined by the Pennsylvania Department of
insurance at least once every _______ years? - ✔✔5 years.
✔✔A leased building has to be ____% unoccupied to be considered vacant under the
COMMERCIAL PROPERTY policy? - ✔✔31%
✔✔What about for BOP? A building must be _______% vacant to be considered
vacant? - ✔✔65%
✔✔BOP additional limit for debris removal is? - ✔✔• 25,000
✔✔If an insurer wants to cancel or non-renew a policy covering personal property, how
much notice is needed? - ✔✔• 30 days
✔✔What is the limit that will be paid for the fire department service charge in the BOP
form? - ✔✔• $2,500
✔✔What is the limit that will be paid for the fire department service charge in the BOP
form? - ✔✔• $2,500
, ✔✔Under the homeowner forms, how much will be paid under claims expense for loss
of earnings by the insured to assist the insurer in the investigation or defense of a
claim? - ✔✔• $250 per day
✔✔The insured's dwelling has been vacant for 62 days. Vandals enter the home and do
considerable damage. To cover up their act and to avoid detection, the vandals set fire
to the dwelling. The insurer will ____________ - ✔✔• Deny the entire loss
✔✔The authority that the public believes the agent has based on the agent's actions is
known as - ✔✔• Apparent Authority
✔✔What coverage is NOT included for a $25,000 limit of insurance under the ISO
equipment breakdown policy. - ✔✔• Fire Damage is excluded
✔✔Under the BOP forms ____________ is not subject to the 72 hour waiting period if
the business is shut down due to action of a civil authority? - ✔✔• Extra Expense
Coverage
✔✔XYA Company was forced to shut down because a major fire put one of its main
suppliers out of business. Under a special type of Business Income coverag,e how is a
supplier of materials referred to? - ✔✔• Contributing location
✔✔"res ipsa laquitur" means? - ✔✔• The thing speaks for itself
✔✔What is proof of loss? - ✔✔• A formal statement made by the insured to the
insurance company regarding a loss
✔✔Under HO-3, how much is given for debris removal after a fire loss? - ✔✔• 5% of the
Coverage A limit
✔✔What is the type of report indicating the initial results of a claim investigation? - ✔✔•
Field report
✔✔The DP-3 proivdes _______ coverage for the dwelling and other detached
structures? - ✔✔• Open Peril Coverage
✔✔Which DP forms provide coverage for loss of rental income? - ✔✔• Basic Broad and
Special Form (DP 2 and 3
✔✔What peril has a deductible in aircraft policies? - ✔✔• In motion collision
✔✔________ is not needed for rating the premimum in the BOP? - ✔✔• Square foot
area
2025/2026 QUESTIONS AND ANSWERS GRADED A+
✔✔Under equipment breakdown coverage, the full replacement cost will be provided if
the equipment is repaired in what time period after a loss? - ✔✔24 months.
✔✔In the newest edition of the commercial property form, what is now considered part
of the building? - ✔✔Vegetated roofs
✔✔Which Dwelling forms provide broad form coverage for personal property? - ✔✔DP-
2 and DP-3
✔✔The homeowner personal property replacement cost endorsement would pay
replacement cost for ___________? - ✔✔Used clothing
✔✔An insurer must acknowledge receipt of a claim within _______ working days? -
✔✔10
✔✔An insurance contract is considered 4 things - ✔✔Aleatory
Unilateral
Adhesive
Conditional
✔✔Admitted insurers must be financially examined by the Pennsylvania Department of
insurance at least once every _______ years? - ✔✔5 years.
✔✔A leased building has to be ____% unoccupied to be considered vacant under the
COMMERCIAL PROPERTY policy? - ✔✔31%
✔✔What about for BOP? A building must be _______% vacant to be considered
vacant? - ✔✔65%
✔✔BOP additional limit for debris removal is? - ✔✔• 25,000
✔✔If an insurer wants to cancel or non-renew a policy covering personal property, how
much notice is needed? - ✔✔• 30 days
✔✔What is the limit that will be paid for the fire department service charge in the BOP
form? - ✔✔• $2,500
✔✔What is the limit that will be paid for the fire department service charge in the BOP
form? - ✔✔• $2,500
, ✔✔Under the homeowner forms, how much will be paid under claims expense for loss
of earnings by the insured to assist the insurer in the investigation or defense of a
claim? - ✔✔• $250 per day
✔✔The insured's dwelling has been vacant for 62 days. Vandals enter the home and do
considerable damage. To cover up their act and to avoid detection, the vandals set fire
to the dwelling. The insurer will ____________ - ✔✔• Deny the entire loss
✔✔The authority that the public believes the agent has based on the agent's actions is
known as - ✔✔• Apparent Authority
✔✔What coverage is NOT included for a $25,000 limit of insurance under the ISO
equipment breakdown policy. - ✔✔• Fire Damage is excluded
✔✔Under the BOP forms ____________ is not subject to the 72 hour waiting period if
the business is shut down due to action of a civil authority? - ✔✔• Extra Expense
Coverage
✔✔XYA Company was forced to shut down because a major fire put one of its main
suppliers out of business. Under a special type of Business Income coverag,e how is a
supplier of materials referred to? - ✔✔• Contributing location
✔✔"res ipsa laquitur" means? - ✔✔• The thing speaks for itself
✔✔What is proof of loss? - ✔✔• A formal statement made by the insured to the
insurance company regarding a loss
✔✔Under HO-3, how much is given for debris removal after a fire loss? - ✔✔• 5% of the
Coverage A limit
✔✔What is the type of report indicating the initial results of a claim investigation? - ✔✔•
Field report
✔✔The DP-3 proivdes _______ coverage for the dwelling and other detached
structures? - ✔✔• Open Peril Coverage
✔✔Which DP forms provide coverage for loss of rental income? - ✔✔• Basic Broad and
Special Form (DP 2 and 3
✔✔What peril has a deductible in aircraft policies? - ✔✔• In motion collision
✔✔________ is not needed for rating the premimum in the BOP? - ✔✔• Square foot
area
