FLORIDA ADJUSTER 2026 STUDY GUIDE QUESTIONS AND
ANSWERS GUARANTEE A+
✔✔As to required proof for future accidents by purchase of auto liability insurance, the
insurer must make a filing (Form SR-22) certifying that coverage is in effect, and this
certification must remain on file for __________ years:
A. 1
B. 3
C. 4
D. 2 - ✔✔B. 3
✔✔The Business Automobile Policy includes all of the following coverage forms except:
A. The Garage Coverage Form
B. The Trailer Interchange Coverage Form
C. The Truckers Coverage Form
D. The Business Auto Coverage Form - ✔✔B. The Trailer Interchange Coverage Form
✔✔Personal Injury Protection, or PIP, has a __________ per person, per accident limit.
A. 10,000
B. 20,000
C. 1,000
D. Depends on the damaged property - ✔✔A. 10,000
✔✔Used to insure businesses engaged in selling, servicing, repairing, parking or storing
automobiles:
A. Servicing Coverage Form
B. Garage Coverage Form
C. Truckers Coverage Form
D. None of the Above - ✔✔B. Garage Coverage Form
✔✔The following examples are referred to as __________ liability limits: 25/50/25 or
10/20/10.
A. Split
B. Single
C. Straight
D. None of the Above - ✔✔A. Split
10/20/10 =
10,000 per person injured
20,000 all injuries combined
10,000 property damage
Example of straight liability limit = $30,000
✔✔Jeremy has a not at fault accident. If he has PIP with a $1,000 deductible, how
much can he expect his PIP coverage to pay toward his medical bills that total $3,000?
A. $1,600
,B. $1,000
C. $2,400
D. $3,000 - ✔✔A. $1,600
3000 (bills) - 1000 (deductible) =
2000 x .80 (eighty percent)
✔✔Frank has a not-at-fault accident, he has basic PIP, no deductible and Med pay of
$5,000. How much will his Med Pay contribute to medical bills of $15,000?
A. $15,000
B. $5,000
C. $3,000
D. $0, Frank is not-at-fault - ✔✔B. $5,000
Medical Payment limits apply per person; Frank will receive full amount towards medical
bills.
✔✔Which of the following is not one of the rating factors for a Homeowner's Policy?
A. Type of Construction
B. Location of Risk
C. Age & Gender of Insured
D. Proximity to Fire Department - ✔✔C. Age & Gender of Insured
✔✔On a Homeowner's Policy, covers items that are not permanently attached to the
dwelling. This is defined as:
A. Other Structures
B. Excess Structures
C. Personal Property
D. Dwelling - ✔✔A. Other Structures
Examples include sheds, fences, pool houses, detached car ports, etc.
✔✔A lender has an insurable interest in a home and finds protection in the:
A. Loss Payee Clause
B. Mortgagee Clause
C. Lender Clause
D. Additional Insured Clause - ✔✔B. Mortgagee Clause
Mortgagee - Homeowner's policy
Loss Payee - Automobile policy
✔✔Which of the following forms is "all-risk" on the dwelling policy?
A. DP-1, or the Basic Form
B. DP-2, or the Broad
C. DP-3, or the Special Form
D. None of the Above - ✔✔C. DP-3, or the Special Form
✔✔When the basic liability limits provided by the policy are insufficient for an insureds
needs, two coverage forms are used to provide the additional amounts of coverage:
,A. Excess Liability
B. Umbrella
C. Both A & B
D. None of the Above - ✔✔C. Both A & B
✔✔Which of the following is not covered under Coverage C, Personal Property?
A. A fire breaks out in the residence and an overnight guest loses his clothes in the fire
B. A fish dies because he has been left alone for a week without food
C. The insureds daughters tennis racket is stolen from her locker
D. The insureds suitcase and clothing, valued at $1,500, are stolen from his hotel -
✔✔B. A fish dies because he has been left alone for a week without food
Animals are listed as an "exclusion" under a Homeowner's policy.
✔✔All of the following are eligible for a Homeowner's Policy, except?
A. An apartment tenant
B. A condominium owner
C. Four-family dwelling owner-occupant
D. A business condo owned by a local insurance company - ✔✔D. A business condo
owned by a local insurance company
Commercial property is not eligible for a Homeowner's policy.
✔✔Which of the following are characteristics of Homeowner's Insurance?
A. Protects against economic loss to residences and household property and legal
liabilities
B. Owner-occupants of 1-4 family dwellings
C. Renters who maintain residential occupancy in any type of building
D. All of the Above - ✔✔D. All of the Above
Also included: personal, non-business risk, no more than 2 roomers/boarders,
condominium unit owners and cooperative apartment occupants
✔✔Jeremy owns a home that is recently damaged due to a hurricane. The repair
estimate is averaged at $25,000 and Jeremy decides to stay in a hotel because most of
the damage is to his bedroom and kitchen. Under a Homeowner's Policy, what
coverage will pay for the hotel room bill?
A. Fair Rental Value
B. Value Obligation
C. Loss of Use
D. Insurers Duties - ✔✔C. Loss of Use
The insurer will pay any necessary and reasonable expenses associated with a daily
living routine.
✔✔An insured who wishes to purchase flood insurance, but is located in a moderate or
low risk flood zone may do so by purchasing a:
A. Preferred Risk Flood Policy
B. Standard Flood Policy
, C. Universal Flood Insurance
D. None of the Above - ✔✔A. Preferred Risk Flood Policy
Although Flood Insurance is provided by the Federal Government, those who are not in
a "flood zone" may purchase a preferred risk policy to cover them for a flood claim.
✔✔Used only for Commercial Condominiums, it covers the unit-owners business
personal property and the personal property of others in the insured's care, custody or
control:
A. Condominium Dwelling Form
B. Personal Condominium Unit Owners Form
C. Condominium Unit Owners Form
D. None of the Above - ✔✔C. Condominium Unit Owners Form
Does not cover buildings since coverage would typically be provided under the Condo
Association coverage form issued.
✔✔The Commercial Property Contract includes all of the following, except:
A. Common Policy Conditions
B. Commercial Property Conditions
C. Coverage Form
D. Commercial Loss Schedule - ✔✔D. Commercial Loss Schedule
Also included: Declarations, Causes of Loss Form, Endorsements
✔✔Insures a condominium association against direct physical loss or damage to
buildings, business personal property and personal property of others in the care,
custody or control of the association and located at the premises:
A. Condominium Association Form
B. Condominium Unit Owners Form
C. Condominium Insured Owner Form
D. None of the Above - ✔✔A. Condominium Association Form
This, along with Condo Unit Owners Form, is located under Condo Coverage.
✔✔Sometimes referred to as commercial fire and allied lines, this is the form of
insurance that covers direct and indirect losses related to properties other than one-to-
four family dwellings and farm properties:
A. Business Property Insurance
B. Building Property Insurance
C. Commercial Property Insurance
D. None of the Above - ✔✔C. Commercial Property Insurance
(the question is the definition for this term)
✔✔Under Commercial Property Policies, Florida law requires an insurer to give the
insured at least __________days advance written notice of non-renewal.
A. 25
B. 90
C. 45
ANSWERS GUARANTEE A+
✔✔As to required proof for future accidents by purchase of auto liability insurance, the
insurer must make a filing (Form SR-22) certifying that coverage is in effect, and this
certification must remain on file for __________ years:
A. 1
B. 3
C. 4
D. 2 - ✔✔B. 3
✔✔The Business Automobile Policy includes all of the following coverage forms except:
A. The Garage Coverage Form
B. The Trailer Interchange Coverage Form
C. The Truckers Coverage Form
D. The Business Auto Coverage Form - ✔✔B. The Trailer Interchange Coverage Form
✔✔Personal Injury Protection, or PIP, has a __________ per person, per accident limit.
A. 10,000
B. 20,000
C. 1,000
D. Depends on the damaged property - ✔✔A. 10,000
✔✔Used to insure businesses engaged in selling, servicing, repairing, parking or storing
automobiles:
A. Servicing Coverage Form
B. Garage Coverage Form
C. Truckers Coverage Form
D. None of the Above - ✔✔B. Garage Coverage Form
✔✔The following examples are referred to as __________ liability limits: 25/50/25 or
10/20/10.
A. Split
B. Single
C. Straight
D. None of the Above - ✔✔A. Split
10/20/10 =
10,000 per person injured
20,000 all injuries combined
10,000 property damage
Example of straight liability limit = $30,000
✔✔Jeremy has a not at fault accident. If he has PIP with a $1,000 deductible, how
much can he expect his PIP coverage to pay toward his medical bills that total $3,000?
A. $1,600
,B. $1,000
C. $2,400
D. $3,000 - ✔✔A. $1,600
3000 (bills) - 1000 (deductible) =
2000 x .80 (eighty percent)
✔✔Frank has a not-at-fault accident, he has basic PIP, no deductible and Med pay of
$5,000. How much will his Med Pay contribute to medical bills of $15,000?
A. $15,000
B. $5,000
C. $3,000
D. $0, Frank is not-at-fault - ✔✔B. $5,000
Medical Payment limits apply per person; Frank will receive full amount towards medical
bills.
✔✔Which of the following is not one of the rating factors for a Homeowner's Policy?
A. Type of Construction
B. Location of Risk
C. Age & Gender of Insured
D. Proximity to Fire Department - ✔✔C. Age & Gender of Insured
✔✔On a Homeowner's Policy, covers items that are not permanently attached to the
dwelling. This is defined as:
A. Other Structures
B. Excess Structures
C. Personal Property
D. Dwelling - ✔✔A. Other Structures
Examples include sheds, fences, pool houses, detached car ports, etc.
✔✔A lender has an insurable interest in a home and finds protection in the:
A. Loss Payee Clause
B. Mortgagee Clause
C. Lender Clause
D. Additional Insured Clause - ✔✔B. Mortgagee Clause
Mortgagee - Homeowner's policy
Loss Payee - Automobile policy
✔✔Which of the following forms is "all-risk" on the dwelling policy?
A. DP-1, or the Basic Form
B. DP-2, or the Broad
C. DP-3, or the Special Form
D. None of the Above - ✔✔C. DP-3, or the Special Form
✔✔When the basic liability limits provided by the policy are insufficient for an insureds
needs, two coverage forms are used to provide the additional amounts of coverage:
,A. Excess Liability
B. Umbrella
C. Both A & B
D. None of the Above - ✔✔C. Both A & B
✔✔Which of the following is not covered under Coverage C, Personal Property?
A. A fire breaks out in the residence and an overnight guest loses his clothes in the fire
B. A fish dies because he has been left alone for a week without food
C. The insureds daughters tennis racket is stolen from her locker
D. The insureds suitcase and clothing, valued at $1,500, are stolen from his hotel -
✔✔B. A fish dies because he has been left alone for a week without food
Animals are listed as an "exclusion" under a Homeowner's policy.
✔✔All of the following are eligible for a Homeowner's Policy, except?
A. An apartment tenant
B. A condominium owner
C. Four-family dwelling owner-occupant
D. A business condo owned by a local insurance company - ✔✔D. A business condo
owned by a local insurance company
Commercial property is not eligible for a Homeowner's policy.
✔✔Which of the following are characteristics of Homeowner's Insurance?
A. Protects against economic loss to residences and household property and legal
liabilities
B. Owner-occupants of 1-4 family dwellings
C. Renters who maintain residential occupancy in any type of building
D. All of the Above - ✔✔D. All of the Above
Also included: personal, non-business risk, no more than 2 roomers/boarders,
condominium unit owners and cooperative apartment occupants
✔✔Jeremy owns a home that is recently damaged due to a hurricane. The repair
estimate is averaged at $25,000 and Jeremy decides to stay in a hotel because most of
the damage is to his bedroom and kitchen. Under a Homeowner's Policy, what
coverage will pay for the hotel room bill?
A. Fair Rental Value
B. Value Obligation
C. Loss of Use
D. Insurers Duties - ✔✔C. Loss of Use
The insurer will pay any necessary and reasonable expenses associated with a daily
living routine.
✔✔An insured who wishes to purchase flood insurance, but is located in a moderate or
low risk flood zone may do so by purchasing a:
A. Preferred Risk Flood Policy
B. Standard Flood Policy
, C. Universal Flood Insurance
D. None of the Above - ✔✔A. Preferred Risk Flood Policy
Although Flood Insurance is provided by the Federal Government, those who are not in
a "flood zone" may purchase a preferred risk policy to cover them for a flood claim.
✔✔Used only for Commercial Condominiums, it covers the unit-owners business
personal property and the personal property of others in the insured's care, custody or
control:
A. Condominium Dwelling Form
B. Personal Condominium Unit Owners Form
C. Condominium Unit Owners Form
D. None of the Above - ✔✔C. Condominium Unit Owners Form
Does not cover buildings since coverage would typically be provided under the Condo
Association coverage form issued.
✔✔The Commercial Property Contract includes all of the following, except:
A. Common Policy Conditions
B. Commercial Property Conditions
C. Coverage Form
D. Commercial Loss Schedule - ✔✔D. Commercial Loss Schedule
Also included: Declarations, Causes of Loss Form, Endorsements
✔✔Insures a condominium association against direct physical loss or damage to
buildings, business personal property and personal property of others in the care,
custody or control of the association and located at the premises:
A. Condominium Association Form
B. Condominium Unit Owners Form
C. Condominium Insured Owner Form
D. None of the Above - ✔✔A. Condominium Association Form
This, along with Condo Unit Owners Form, is located under Condo Coverage.
✔✔Sometimes referred to as commercial fire and allied lines, this is the form of
insurance that covers direct and indirect losses related to properties other than one-to-
four family dwellings and farm properties:
A. Business Property Insurance
B. Building Property Insurance
C. Commercial Property Insurance
D. None of the Above - ✔✔C. Commercial Property Insurance
(the question is the definition for this term)
✔✔Under Commercial Property Policies, Florida law requires an insurer to give the
insured at least __________days advance written notice of non-renewal.
A. 25
B. 90
C. 45
