Texas All Lines Adjuster Questions with Correct Answers
100% Verified Graded A+
1. What is the failure to use that degree of care which n ordinary person of reasonable
prudence would use under similar circumstances?
Answer: Negligence
2. What is a situation involving a person other than an insured?
Answer: Third Party Loss
3. What is the responsibility to another for one's negligence?
Answer: Liability
4. Mary has a homeowner's policy. Her Coverage A limit of liability is $250,000 and her
Coverage B limit of liability is $125,000. Her policy has a 2% deductible. What is her
deductible?
Answer: $5,000
5. The part of the insurance policy that details the rights and duties of the insured and
the insurance company in the policy?
Answer: Conditions
6. What is a partial legal defense that reduces the amount of damages that a person can
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, recover based upon the amount that this person's own negligence contributed to the loss?
Answer: Comparative Negligence
7. Value of property based on the current cost to replace it minus deprecia- tion?
Answer: Actual Cash Vale
8. This type of Auto Coverage pays for your damages if you were involved in a hit and run
Answer: Uninsured Motorist
9. What is the cost associated with replacing property at current market prices?
Answer: Replacement Cost
10. The process when an insurer and insured have a dispute regarding the amount of
the damage
Answer: Appraisal
11. The intentional misrepresentation of a material fact that may void a con- tract?
Answer: Fraud
12. What is the type of negotiation that is also sometimes called positional or hard-
bargaining?
Answer: Distributive
13. An event that results in an insured loss and damages?
Answer: Occurrence
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100% Verified Graded A+
1. What is the failure to use that degree of care which n ordinary person of reasonable
prudence would use under similar circumstances?
Answer: Negligence
2. What is a situation involving a person other than an insured?
Answer: Third Party Loss
3. What is the responsibility to another for one's negligence?
Answer: Liability
4. Mary has a homeowner's policy. Her Coverage A limit of liability is $250,000 and her
Coverage B limit of liability is $125,000. Her policy has a 2% deductible. What is her
deductible?
Answer: $5,000
5. The part of the insurance policy that details the rights and duties of the insured and
the insurance company in the policy?
Answer: Conditions
6. What is a partial legal defense that reduces the amount of damages that a person can
1/
7
, recover based upon the amount that this person's own negligence contributed to the loss?
Answer: Comparative Negligence
7. Value of property based on the current cost to replace it minus deprecia- tion?
Answer: Actual Cash Vale
8. This type of Auto Coverage pays for your damages if you were involved in a hit and run
Answer: Uninsured Motorist
9. What is the cost associated with replacing property at current market prices?
Answer: Replacement Cost
10. The process when an insurer and insured have a dispute regarding the amount of
the damage
Answer: Appraisal
11. The intentional misrepresentation of a material fact that may void a con- tract?
Answer: Fraud
12. What is the type of negotiation that is also sometimes called positional or hard-
bargaining?
Answer: Distributive
13. An event that results in an insured loss and damages?
Answer: Occurrence
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