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NC ADJUSTER LICENSE EXAM NEWEST 2025/2026 ACTUAL EXAM
WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED||
What specific type of liability policy gives an owner protection
against liability claims arising out of the acts of its independent
contractors? - ANSWER-Owners and Contractors Protective
Liability Policy.
Which of the following would be eligible for coverage under a
Businessowners policy? - ANSWER-A small retail store
Which of the following is NOT a correct statement in determining
the cost of a "comparable automobile" when a physical damage
loss has a occurred? - ANSWER-The cost of a comparable
automobile as determined by a computerized automobile
valuation service that produces statistically valid fair market
values within the United States market
All of the following statements are TRUE of North Carolina
automobile liability policies, EXCEPT - ANSWER-If the insured
carries limits greater than the minimum financial responsibility
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limits required by state law, they are not required to carry
Uninsured/Underinsured Motorists coverage.
The basic limit for Coverage F -- Medical Payments of the
standard Homeowners forms is: - ANSWER-$1,000 per person
Oliver Dogwood was in an auto accident which destroyed his car.
While investigating the accident, Adjuster Doright found that Mr.
Dogwood paid $1,000 for the vehicle. After checking with others
he found the same vehicle with an asking price of $1,700, a retail
price of $2,150 and a dealer price of $1,750. What amount will Mr.
Dogwood receive? - ANSWER-$2,150
When a claims representative is collecting information from a
third-party claimant, which of the following is the information that
should be obtained first? - ANSWER-The nature and extent of the
injuries or property damage claimed.
The Business Auto uses Symbol 7 to cover "specifically described
autos" identified in the declarations. An auto acquired during the
policy period will only be covered: - ANSWER-If the insured
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insures all of their vehicles with the company or it replaces a
covered auto..
What coverage under the BOP automatically applies if a customer
slips and falls on the named insured's premises, regardless of
legal liability? - ANSWER-Medical expense coverage
When an insurer is called upon to defend a suit under a CGL
policy, the amount that can be paid for the defense costs is: -
ANSWER-Not limited
Any North Carolina lender in making or servicing real estate
mortgage or deed of trust loans on one to four family residences
must accept a binder as proof of insurance. The binder presented
to the lender must include all of the following, EXCEPT -
ANSWER-A sworn statement that the insurance will be kept in
force.
Which of the following statements is TRUE concerning Part A -
Liability coverage on a standard Personal Automobile policy? -
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ANSWER-The coverage is provided only for accidents caused by
those who are "insureds" under the policy..
Which of the following is NOT a reason to purchase a Dwelling
policy instead of a Homeowners policy? - ANSWER-The Dwelling
policy provides higher limits of liability than the Homeowners
policy..
Which of the following is NOT excluded by Section II - Liability of
the Business Automobile policy? - ANSWER-Cost to defend the
insured
The insured and her 18-year-old son, who lives in the insured's
household, are crossing the street when both of them are struck
by a drunk driver. The Part B - Medical Payments coverage of the
insured's personal auto policy will: - ANSWER-Provide coverage
for both the insured and her son
All of the following are types of rehabilitative services provided
under a workers' compensation policy, EXCEPT: - ANSWER-
Substance abuse
NC ADJUSTER LICENSE EXAM NEWEST 2025/2026 ACTUAL EXAM
WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED||
What specific type of liability policy gives an owner protection
against liability claims arising out of the acts of its independent
contractors? - ANSWER-Owners and Contractors Protective
Liability Policy.
Which of the following would be eligible for coverage under a
Businessowners policy? - ANSWER-A small retail store
Which of the following is NOT a correct statement in determining
the cost of a "comparable automobile" when a physical damage
loss has a occurred? - ANSWER-The cost of a comparable
automobile as determined by a computerized automobile
valuation service that produces statistically valid fair market
values within the United States market
All of the following statements are TRUE of North Carolina
automobile liability policies, EXCEPT - ANSWER-If the insured
carries limits greater than the minimum financial responsibility
,2|Page
limits required by state law, they are not required to carry
Uninsured/Underinsured Motorists coverage.
The basic limit for Coverage F -- Medical Payments of the
standard Homeowners forms is: - ANSWER-$1,000 per person
Oliver Dogwood was in an auto accident which destroyed his car.
While investigating the accident, Adjuster Doright found that Mr.
Dogwood paid $1,000 for the vehicle. After checking with others
he found the same vehicle with an asking price of $1,700, a retail
price of $2,150 and a dealer price of $1,750. What amount will Mr.
Dogwood receive? - ANSWER-$2,150
When a claims representative is collecting information from a
third-party claimant, which of the following is the information that
should be obtained first? - ANSWER-The nature and extent of the
injuries or property damage claimed.
The Business Auto uses Symbol 7 to cover "specifically described
autos" identified in the declarations. An auto acquired during the
policy period will only be covered: - ANSWER-If the insured
,3|Page
insures all of their vehicles with the company or it replaces a
covered auto..
What coverage under the BOP automatically applies if a customer
slips and falls on the named insured's premises, regardless of
legal liability? - ANSWER-Medical expense coverage
When an insurer is called upon to defend a suit under a CGL
policy, the amount that can be paid for the defense costs is: -
ANSWER-Not limited
Any North Carolina lender in making or servicing real estate
mortgage or deed of trust loans on one to four family residences
must accept a binder as proof of insurance. The binder presented
to the lender must include all of the following, EXCEPT -
ANSWER-A sworn statement that the insurance will be kept in
force.
Which of the following statements is TRUE concerning Part A -
Liability coverage on a standard Personal Automobile policy? -
, 4|Page
ANSWER-The coverage is provided only for accidents caused by
those who are "insureds" under the policy..
Which of the following is NOT a reason to purchase a Dwelling
policy instead of a Homeowners policy? - ANSWER-The Dwelling
policy provides higher limits of liability than the Homeowners
policy..
Which of the following is NOT excluded by Section II - Liability of
the Business Automobile policy? - ANSWER-Cost to defend the
insured
The insured and her 18-year-old son, who lives in the insured's
household, are crossing the street when both of them are struck
by a drunk driver. The Part B - Medical Payments coverage of the
insured's personal auto policy will: - ANSWER-Provide coverage
for both the insured and her son
All of the following are types of rehabilitative services provided
under a workers' compensation policy, EXCEPT: - ANSWER-
Substance abuse
