Florida Public Adjuster 3-20 Exam
Questions with Verified Answers
Those who are eligible for coverage under the Florida Automobile Joint Underwriting
Association are? - ✔✔Military Personnel
A non-resident owning an automobile in Florida
A non-resident subject to Florida no-fault law
A forcible entry into locked premises and the carrying away of the property of others is a
definition of: - ✔✔Burglary
The inland marine coverage form that covers clothing, cameras and other portable property
worn and carried by tourists and travelers is a: - ✔✔Personal effects floater
A residual market to alleviate the temporary unavailability of property insurance coverage in
significant portions of Florida (e.g. homeowners face non-renewal or cancellations) -
✔✔Residential Property & Casualty Joint Underwriting Association for property owners.
What does the property insurance term "improvements and betterment" apply to? - ✔✔Real
Property
The penalty imposed upon a Florida licensee who violates a cease and desists order issued by
the CFO: - ✔✔$50,000 Fine
What is amount is personal property used for business purposes, under a Homeowners policy
covered up to - ✔✔up to $2500 on premises
up to $1500 off premises
, If a replacement costs exists, but the insured has a policy for only 50% of the replacement cost,
what percentage will the insured received for the loss? - ✔✔50% of the settlement amount
A statement that is believed to be true when made, which my prove to be false. -
✔✔Representation
A statement that is guaranteed to be correct: - ✔✔Warranty
When can an insured cancel his/her policy? - ✔✔At any time.
In Florida, how many days in advance of a premium due date must an auto insurer provide
notice of renewal to an insured? - ✔✔30 days written notice
What deductibles are subject to any aircraft physical damages that differ according to
circumstances surrounding a given loss? - ✔✔In-flight Ded (greatest amount)
Not-in-Motion (least amount)
They apply independently based on the actual loss
Uninsured Motorist's Coverage form, the insured can request: - ✔✔Non-stacked Coverage
Stacked Coverage
UM coverage at the limits lower than those that apply for liability coverage
If a mortgage is acknowledged in the policy and the insured concealed the fact that a hazard
exists to the insurance company, would the mortgage have a right to recover its full loan value?
- ✔✔Yes
Under Florida Comparative Negligence law how much would one be able to recover if they
were found 25% at fault? - ✔✔75% (the difference)
Questions with Verified Answers
Those who are eligible for coverage under the Florida Automobile Joint Underwriting
Association are? - ✔✔Military Personnel
A non-resident owning an automobile in Florida
A non-resident subject to Florida no-fault law
A forcible entry into locked premises and the carrying away of the property of others is a
definition of: - ✔✔Burglary
The inland marine coverage form that covers clothing, cameras and other portable property
worn and carried by tourists and travelers is a: - ✔✔Personal effects floater
A residual market to alleviate the temporary unavailability of property insurance coverage in
significant portions of Florida (e.g. homeowners face non-renewal or cancellations) -
✔✔Residential Property & Casualty Joint Underwriting Association for property owners.
What does the property insurance term "improvements and betterment" apply to? - ✔✔Real
Property
The penalty imposed upon a Florida licensee who violates a cease and desists order issued by
the CFO: - ✔✔$50,000 Fine
What is amount is personal property used for business purposes, under a Homeowners policy
covered up to - ✔✔up to $2500 on premises
up to $1500 off premises
, If a replacement costs exists, but the insured has a policy for only 50% of the replacement cost,
what percentage will the insured received for the loss? - ✔✔50% of the settlement amount
A statement that is believed to be true when made, which my prove to be false. -
✔✔Representation
A statement that is guaranteed to be correct: - ✔✔Warranty
When can an insured cancel his/her policy? - ✔✔At any time.
In Florida, how many days in advance of a premium due date must an auto insurer provide
notice of renewal to an insured? - ✔✔30 days written notice
What deductibles are subject to any aircraft physical damages that differ according to
circumstances surrounding a given loss? - ✔✔In-flight Ded (greatest amount)
Not-in-Motion (least amount)
They apply independently based on the actual loss
Uninsured Motorist's Coverage form, the insured can request: - ✔✔Non-stacked Coverage
Stacked Coverage
UM coverage at the limits lower than those that apply for liability coverage
If a mortgage is acknowledged in the policy and the insured concealed the fact that a hazard
exists to the insurance company, would the mortgage have a right to recover its full loan value?
- ✔✔Yes
Under Florida Comparative Negligence law how much would one be able to recover if they
were found 25% at fault? - ✔✔75% (the difference)
