Claims Adjuster EXAMINATION SET 2026
SOLVED QUESTIONS GRADED A+
● Company Adjuster. Answer: An adjuster representing the interests of
the insurer, including independent contractors and salaried employees of
the insurer
● Public Adjuster. Answer: An independent contractor representing
solely the financial interests of the insured named in the policy. The
insured, and not the insurance company, pays the adjuster
● Proof of Loss. Answer: A formal statement made by the insured to the
insurance company regarding a loss
● Special Damages. Answer: These include medical expenses and loss
of wages or the costs of other known expenses
● General Damages. Answer: These would include pain and suffering,
punitive damages, loss of consortium, disfigurement and disability
claims
● Agreed Price. Answer: The amount agreed to by the insurer and the
insured, or their representatives, as to the reasonable cost to repair
damages to the motor vehicle resulting from the loss, without
considering any deductible or other deductions
SOLVED QUESTIONS GRADED A+
● Company Adjuster. Answer: An adjuster representing the interests of
the insurer, including independent contractors and salaried employees of
the insurer
● Public Adjuster. Answer: An independent contractor representing
solely the financial interests of the insured named in the policy. The
insured, and not the insurance company, pays the adjuster
● Proof of Loss. Answer: A formal statement made by the insured to the
insurance company regarding a loss
● Special Damages. Answer: These include medical expenses and loss
of wages or the costs of other known expenses
● General Damages. Answer: These would include pain and suffering,
punitive damages, loss of consortium, disfigurement and disability
claims
● Agreed Price. Answer: The amount agreed to by the insurer and the
insured, or their representatives, as to the reasonable cost to repair
damages to the motor vehicle resulting from the loss, without
considering any deductible or other deductions
