Florida Adjuster Course Test Exam
Questions And Correct Answers (Verified
Answers) Plus Rationales 2026 Q&A.
1. An insurance adjuster is primarily responsible for:
A. Selling insurance policies
B. Investigating and settling claims
C. Setting insurance rates
D. Issuing licenses
Answer: B
Adjusters investigate losses, determine coverage, evaluate damages, and negotiate settlements.
2. Which Florida statute governs insurance adjusters?
A. FS 624
B. FS 626
C. FS 627
D. FS 631
Answer: B
Chapter 626 regulates insurance representatives, including adjusters.
3. An adjuster must always act with:
A. Loyalty to the insurer
B. Fairness and honesty
C. Aggressive negotiation
D. Personal discretion
,Answer: B
Florida law requires adjusters to handle claims ethically and impartially.
4. The purpose of insurance is to:
A. Create profit
B. Transfer risk
C. Eliminate loss
D. Prevent accidents
Answer: B
Insurance shifts financial risk from individuals to insurers.
5. An insurable interest must exist:
A. At policy issuance only
B. At the time of loss
C. At settlement
D. At renewal
Answer: B
The insured must suffer a financial loss at the time the loss occurs.
6. Which policy section identifies the insured and coverages?
A. Declarations
B. Conditions
C. Exclusions
D. Insuring agreement
Answer: A
The declarations page summarizes key policy information.
7. The insuring agreement explains:
A. Deductibles
, B. What is covered
C. Policy limits
D. Exclusions
Answer: B
It defines the scope of coverage.
8. A deductible is:
A. Paid by the insurer
B. Paid by the insured
C. Illegal in Florida
D. Optional
Answer: B
Deductibles reduce insurer exposure and encourage loss prevention.
9. Actual Cash Value (ACV) equals:
A. Replacement cost
B. Replacement cost minus depreciation
C. Market value
D. Policy limit
Answer: B
ACV reflects age and wear of property.
10. Replacement Cost coverage pays:
A. Market value
B. Cost to replace without depreciation
C. Salvage value
D. Deductible amount
Answer: B
Depreciation is not subtracted under replacement cost.
Questions And Correct Answers (Verified
Answers) Plus Rationales 2026 Q&A.
1. An insurance adjuster is primarily responsible for:
A. Selling insurance policies
B. Investigating and settling claims
C. Setting insurance rates
D. Issuing licenses
Answer: B
Adjusters investigate losses, determine coverage, evaluate damages, and negotiate settlements.
2. Which Florida statute governs insurance adjusters?
A. FS 624
B. FS 626
C. FS 627
D. FS 631
Answer: B
Chapter 626 regulates insurance representatives, including adjusters.
3. An adjuster must always act with:
A. Loyalty to the insurer
B. Fairness and honesty
C. Aggressive negotiation
D. Personal discretion
,Answer: B
Florida law requires adjusters to handle claims ethically and impartially.
4. The purpose of insurance is to:
A. Create profit
B. Transfer risk
C. Eliminate loss
D. Prevent accidents
Answer: B
Insurance shifts financial risk from individuals to insurers.
5. An insurable interest must exist:
A. At policy issuance only
B. At the time of loss
C. At settlement
D. At renewal
Answer: B
The insured must suffer a financial loss at the time the loss occurs.
6. Which policy section identifies the insured and coverages?
A. Declarations
B. Conditions
C. Exclusions
D. Insuring agreement
Answer: A
The declarations page summarizes key policy information.
7. The insuring agreement explains:
A. Deductibles
, B. What is covered
C. Policy limits
D. Exclusions
Answer: B
It defines the scope of coverage.
8. A deductible is:
A. Paid by the insurer
B. Paid by the insured
C. Illegal in Florida
D. Optional
Answer: B
Deductibles reduce insurer exposure and encourage loss prevention.
9. Actual Cash Value (ACV) equals:
A. Replacement cost
B. Replacement cost minus depreciation
C. Market value
D. Policy limit
Answer: B
ACV reflects age and wear of property.
10. Replacement Cost coverage pays:
A. Market value
B. Cost to replace without depreciation
C. Salvage value
D. Deductible amount
Answer: B
Depreciation is not subtracted under replacement cost.
