AE21 INSURANCE ADJUSTER LICENSE FINAL
EXAM SCRIPT 2026 COMPLETE QUESTIONS
AND ANSWERS 100% CORRECT
◉ ALE. Answer: Additional Living Expense
◉ CE. Answer: Continuing Education
◉ CGL. Answer: Commercial General Liability
◉ CIM. Answer: Commercial Inland Marine
◉ COM. Answer: Commercial Ocean Marine
◉ CPP. Answer: Commercial Property Policy
◉ DTPA. Answer: Deceptive Trade Practices Act
◉ HO. Answer: Home Owners
,◉ IA. Answer: Independent Adjuster
◉ NI. Answer: Name Insured
◉ NOL. Answer: Notice of Loss
◉ NRD. Answer: Non-Recoverable Depreciation
◉ PA. Answer: Public Adjuster
◉ PAP. Answer: Personal Auto Policy
◉ PIP. Answer: Personal Injury Policy
◉ POL. Answer: Proof of Loss
◉ RC. Answer: Replacement Cost
◉ RD. Answer: Recoverable Depreciation
◉ SIU. Answer: Special Investigation Unit
, ◉ TDI. Answer: Texas Department of Insurance
◉ TIC. Answer: Texas Insurance Code
◉ TPAP. Answer: Texas Personal Auto Policy
◉ TSFP. Answer: Texas Standard Fire Policy
◉ Underwriting. Answer: to access the eligibility of a customer to
receive their products, decide how much coverage the client should
receive, and how much they should pay for it.
◉ Umpire. Answer: an individual that is used when a claim has been
questioned by either the insured or the insurer; an unbiased third party is
required to resolve the dispute
◉ Recoverable Depreciation. Answer: depreciation that is initially held
back, then disbursed after proof of repairs being performed to bring
property back to whole
◉ Reciprocity. Answer: granting of the privileges and licensing in a state
based on having a license in another state that is deemed equivalent by
the granting state
EXAM SCRIPT 2026 COMPLETE QUESTIONS
AND ANSWERS 100% CORRECT
◉ ALE. Answer: Additional Living Expense
◉ CE. Answer: Continuing Education
◉ CGL. Answer: Commercial General Liability
◉ CIM. Answer: Commercial Inland Marine
◉ COM. Answer: Commercial Ocean Marine
◉ CPP. Answer: Commercial Property Policy
◉ DTPA. Answer: Deceptive Trade Practices Act
◉ HO. Answer: Home Owners
,◉ IA. Answer: Independent Adjuster
◉ NI. Answer: Name Insured
◉ NOL. Answer: Notice of Loss
◉ NRD. Answer: Non-Recoverable Depreciation
◉ PA. Answer: Public Adjuster
◉ PAP. Answer: Personal Auto Policy
◉ PIP. Answer: Personal Injury Policy
◉ POL. Answer: Proof of Loss
◉ RC. Answer: Replacement Cost
◉ RD. Answer: Recoverable Depreciation
◉ SIU. Answer: Special Investigation Unit
, ◉ TDI. Answer: Texas Department of Insurance
◉ TIC. Answer: Texas Insurance Code
◉ TPAP. Answer: Texas Personal Auto Policy
◉ TSFP. Answer: Texas Standard Fire Policy
◉ Underwriting. Answer: to access the eligibility of a customer to
receive their products, decide how much coverage the client should
receive, and how much they should pay for it.
◉ Umpire. Answer: an individual that is used when a claim has been
questioned by either the insured or the insurer; an unbiased third party is
required to resolve the dispute
◉ Recoverable Depreciation. Answer: depreciation that is initially held
back, then disbursed after proof of repairs being performed to bring
property back to whole
◉ Reciprocity. Answer: granting of the privileges and licensing in a state
based on having a license in another state that is deemed equivalent by
the granting state
