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FLORIDA CERTIFIED ADJUSTERS PRE-LICENSE EXAM
NEWEST 2025 ACTUAL EXAM| COMPLETE 150 REAL
EXAM QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALREADY GRADED A+|| BRAND
NEW!!
Edward is a member of the Knights of Columbus, a religious
group dedicated to voluntary service to the benefit of society.
He also recently purchased a $100,000 life insurance policy
from the organization. This was possible because the Knights of
Columbus is: .....ANSWER..... a fraternal benefit society
Jason's auto policy states that the insurer may cancel coverage if
a premium is more than 30 days late. However, Jason is currently
more than 30 days late, and has been so five times in the last
year, and his insurer has done nothing about it. When Jason gets
into an accident and files a claim, which of the following is most
likely to happen? .....ANSWER..... The insurer will pay the claim
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because of the implied waiver they have made by not cancelling
Jason's policy the previous times he was late with his payments
Jared hopes to purchase a new insurance policy for his car, but
he has an extremely poor driving record. The insurance company
decides to issue Jared an insurance policy, but charges him a
premium much higher than the average driver. The insurance
company is practicing: .....ANSWER..... risk reduction
Which of the following is NOT a characteristic of insurance
contracts? (aleatory, conditional, unilateral, universal)
.....ANSWER..... universal
A few weeks ago Christopher's garage was destroyed by an
out-of-control motorist. Fortunately, the motorist had sufficient
liability insurance to cover the damages. However, the insurer
insists that Christopher's garage is worth far less than the
appraisals he has received from contractors. Christopher and the
insurer have gone back and forth in negotiations for weeks,
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making little headway. Christopher decides it's time to:
.....ANSWER..... issue a complaint against the policyholder
A reciprocal insurer is: .....ANSWER..... an unincorporated
organization of subscribers that operates through an attorney-in-
fact to provide insurance benefits for its members.
Bob has been in the construction business a long time and is
ready to retire. He sells the company to his friend Scott and then
lets the insurer know that any claims against his policy should be
paid to Scott from now on. The insurer informs Bob that they
cannot do this due to which condition? .....ANSWER..... assignment
Cindy and her insurer cannot reach an agreement for her
property claim, and have gone back and forth for weeks without
coming within $10,000 of each other. At this point, since both
believe they are offering a fair settlement, a third party is
needed to help facilitate the negotiation. Both parties still want
to retain their ability to "walk-away" if they cannot reach an
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agreement. What is the next best step for Cindy and her insurer?
.....ANSWER..... mediation
How is the power to bind transferred to an adjuster?
.....ANSWER..... it is transferred through a written contract
Which of the following statements best describes a part of the
appraisal process?
A. The claimant and the insurer each select an appraiser, and
those two select an umpire.
B. All parties must agree to the final amount in order for it to be
binding.
C. A neutral third party, called the appraiser, plays an advisory
role to help the disputing parties come to a settlement.
D. The opposing parties submit their evidence to the appraiser,
who makes a final and binding decision. .....ANSWER..... A. The
FLORIDA CERTIFIED ADJUSTERS PRE-LICENSE EXAM
NEWEST 2025 ACTUAL EXAM| COMPLETE 150 REAL
EXAM QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALREADY GRADED A+|| BRAND
NEW!!
Edward is a member of the Knights of Columbus, a religious
group dedicated to voluntary service to the benefit of society.
He also recently purchased a $100,000 life insurance policy
from the organization. This was possible because the Knights of
Columbus is: .....ANSWER..... a fraternal benefit society
Jason's auto policy states that the insurer may cancel coverage if
a premium is more than 30 days late. However, Jason is currently
more than 30 days late, and has been so five times in the last
year, and his insurer has done nothing about it. When Jason gets
into an accident and files a claim, which of the following is most
likely to happen? .....ANSWER..... The insurer will pay the claim
,Page 2 of 99
because of the implied waiver they have made by not cancelling
Jason's policy the previous times he was late with his payments
Jared hopes to purchase a new insurance policy for his car, but
he has an extremely poor driving record. The insurance company
decides to issue Jared an insurance policy, but charges him a
premium much higher than the average driver. The insurance
company is practicing: .....ANSWER..... risk reduction
Which of the following is NOT a characteristic of insurance
contracts? (aleatory, conditional, unilateral, universal)
.....ANSWER..... universal
A few weeks ago Christopher's garage was destroyed by an
out-of-control motorist. Fortunately, the motorist had sufficient
liability insurance to cover the damages. However, the insurer
insists that Christopher's garage is worth far less than the
appraisals he has received from contractors. Christopher and the
insurer have gone back and forth in negotiations for weeks,
,Page 3 of 99
making little headway. Christopher decides it's time to:
.....ANSWER..... issue a complaint against the policyholder
A reciprocal insurer is: .....ANSWER..... an unincorporated
organization of subscribers that operates through an attorney-in-
fact to provide insurance benefits for its members.
Bob has been in the construction business a long time and is
ready to retire. He sells the company to his friend Scott and then
lets the insurer know that any claims against his policy should be
paid to Scott from now on. The insurer informs Bob that they
cannot do this due to which condition? .....ANSWER..... assignment
Cindy and her insurer cannot reach an agreement for her
property claim, and have gone back and forth for weeks without
coming within $10,000 of each other. At this point, since both
believe they are offering a fair settlement, a third party is
needed to help facilitate the negotiation. Both parties still want
to retain their ability to "walk-away" if they cannot reach an
, Page 4 of 99
agreement. What is the next best step for Cindy and her insurer?
.....ANSWER..... mediation
How is the power to bind transferred to an adjuster?
.....ANSWER..... it is transferred through a written contract
Which of the following statements best describes a part of the
appraisal process?
A. The claimant and the insurer each select an appraiser, and
those two select an umpire.
B. All parties must agree to the final amount in order for it to be
binding.
C. A neutral third party, called the appraiser, plays an advisory
role to help the disputing parties come to a settlement.
D. The opposing parties submit their evidence to the appraiser,
who makes a final and binding decision. .....ANSWER..... A. The
