FLORIDA PUBLIC ADJUSTER 3-20 VERSION 1,2 & 3
2026 EXAM WITH 100 QUESTIONS AND ANSWERS
Does Hurricane Coverage Occur on a Per Occurrence or an Annual Basis - An annual
basis
What if there is more than one applicable deductible? - Only the highest deductible
applies.
What must the Insured do if they wish to completely reject Windstorm Coverage? -
Hand write "I DO NOT WANT THE INSURANCE ON MY (HOME/MOBILE
HOME/CONDOMINIUM UNIT) TO PAY FOR DAMAGE FROM WINDSTORMS OR
HURRICANES. I WILL PAY THOSE COSTS. MY INSURANCE WILL NOT."
How much notice must the insurer give the insured of non-renewal of a homeowner's
Policy? - 120 Days
4 Elements of a Valid Contract? - 1.A manifestation of assent to its terms by parties who
make the contract.
2. A sufficient consideration (value or payment) for each promise.
3. Legal Capacity of the parties to contract.
4. Legal Subject matter.
Insurance - A contract whereby one undertakes to indemnify another or pay or allow a
specified amount or a determinable benefit upon determinable contingencies.
4 Elements of an Insurance Contract - D.I.C.E.
1. Declarations
2. the Insuring Agreement
3.Exclusions
4.Conditions
Example of Subrogation - Insurance Company pays the victim and collects for the DUIer
or liable party of any sort.
Example of Severability - Tom and Eva are insured for liability of injury. Tom
intentionally injured someone(intention voiding coverage for Tom), Eva is still covered.
Valued Policy Law - The value of the property is agreed to as part of the policy.
, Coinsurance - A policy for less than the entire value of the insured property and cover
pro-rata whether or not other insurance exists. 80% actually means (pro-rata
share)/80%
Beginning statement of a liability insurance policy - Insurer agrees "to pay on behalf of
the insured all sums the insured becomes legally obligated to pay as damages" or
equivalent wording.
Three Ways in which the limits to a liability insurance policy Insuring Agreement can be
expressed? - 1.single limit
2.split limit
3.Aggregate limit
2 Types of Tort Liability - 1.Negligent Liability(Unintentional)
2.Strict Liability(Intentional)
What is the difference between Common Law and Statute Law? - Common Law is
based on stare decisis, whereas statutory law is explicit with a statute number.
What are the two broad classifications of damages that a plaintiff can seek in an action
for money damages? - 1.Compensatory
2.Punitive
Two main defenses against Negligence - 1. Assumption of Risk
2.Comparative Negligence
Why is it common to have the attorney's name on the settlement draft? - Because
should the insurer pay over the money solely to the claimant, the attorney may sue the
company for the fee.
Florida No-Fault Tort Exemption - Those who comply with the law are granted limited
immunity from suits of others through PIP coverage.
4 Exceptions to Tort Exemption(Threshold of No-Fault) - 1. Significant and Permanent
loss of bodily function.
2.Permanent injury other than scarring and disfigurement.
3.Significant and Permanent scarring or disfigurement.
4.Death
What does NFIP stand for? - National Flood Insurance Program
Form SR-22 - Drivers Convicted of DUI or a traffic felony over the prior 3 years are
required to have 100/300/50 coverage or a certificate of self insurance of $350,000.
Contents of a CGL Contract - 1.Declarations Form
2. Common Policy Conditions Form
2026 EXAM WITH 100 QUESTIONS AND ANSWERS
Does Hurricane Coverage Occur on a Per Occurrence or an Annual Basis - An annual
basis
What if there is more than one applicable deductible? - Only the highest deductible
applies.
What must the Insured do if they wish to completely reject Windstorm Coverage? -
Hand write "I DO NOT WANT THE INSURANCE ON MY (HOME/MOBILE
HOME/CONDOMINIUM UNIT) TO PAY FOR DAMAGE FROM WINDSTORMS OR
HURRICANES. I WILL PAY THOSE COSTS. MY INSURANCE WILL NOT."
How much notice must the insurer give the insured of non-renewal of a homeowner's
Policy? - 120 Days
4 Elements of a Valid Contract? - 1.A manifestation of assent to its terms by parties who
make the contract.
2. A sufficient consideration (value or payment) for each promise.
3. Legal Capacity of the parties to contract.
4. Legal Subject matter.
Insurance - A contract whereby one undertakes to indemnify another or pay or allow a
specified amount or a determinable benefit upon determinable contingencies.
4 Elements of an Insurance Contract - D.I.C.E.
1. Declarations
2. the Insuring Agreement
3.Exclusions
4.Conditions
Example of Subrogation - Insurance Company pays the victim and collects for the DUIer
or liable party of any sort.
Example of Severability - Tom and Eva are insured for liability of injury. Tom
intentionally injured someone(intention voiding coverage for Tom), Eva is still covered.
Valued Policy Law - The value of the property is agreed to as part of the policy.
, Coinsurance - A policy for less than the entire value of the insured property and cover
pro-rata whether or not other insurance exists. 80% actually means (pro-rata
share)/80%
Beginning statement of a liability insurance policy - Insurer agrees "to pay on behalf of
the insured all sums the insured becomes legally obligated to pay as damages" or
equivalent wording.
Three Ways in which the limits to a liability insurance policy Insuring Agreement can be
expressed? - 1.single limit
2.split limit
3.Aggregate limit
2 Types of Tort Liability - 1.Negligent Liability(Unintentional)
2.Strict Liability(Intentional)
What is the difference between Common Law and Statute Law? - Common Law is
based on stare decisis, whereas statutory law is explicit with a statute number.
What are the two broad classifications of damages that a plaintiff can seek in an action
for money damages? - 1.Compensatory
2.Punitive
Two main defenses against Negligence - 1. Assumption of Risk
2.Comparative Negligence
Why is it common to have the attorney's name on the settlement draft? - Because
should the insurer pay over the money solely to the claimant, the attorney may sue the
company for the fee.
Florida No-Fault Tort Exemption - Those who comply with the law are granted limited
immunity from suits of others through PIP coverage.
4 Exceptions to Tort Exemption(Threshold of No-Fault) - 1. Significant and Permanent
loss of bodily function.
2.Permanent injury other than scarring and disfigurement.
3.Significant and Permanent scarring or disfigurement.
4.Death
What does NFIP stand for? - National Flood Insurance Program
Form SR-22 - Drivers Convicted of DUI or a traffic felony over the prior 3 years are
required to have 100/300/50 coverage or a certificate of self insurance of $350,000.
Contents of a CGL Contract - 1.Declarations Form
2. Common Policy Conditions Form
