ALABAMA ADJUSTER UPDATED TEST EXAM MANUAL
QUESTIONS AND ANSWERS GRADED A+
✔✔excess liability - ✔✔only pays when primary insurance is exhausted
✔✔dwelling coverage A - ✔✔attached structures
✔✔dwelling coverage B - ✔✔other structures
✔✔dwelling coverage C - ✔✔any personal property
✔✔ H0-2 - ✔✔Broad Form
✔✔HO-3 - ✔✔Special Form
✔✔HO-4 - ✔✔Contents Broad Form
✔✔HO-5 - ✔✔Comprehensive Form
✔✔HO-6 - ✔✔Condominium Form
✔✔HO-8 - ✔✔Modified Coverage Form
✔✔DP-1 - ✔✔basic form
✔✔DP-2 - ✔✔broad form
✔✔DP-3 - ✔✔special form
✔✔what does DP-1 cover? - ✔✔fire, lightning, internal explosion
✔✔DP coverage A - ✔✔dwelling
✔✔DP coverage B - ✔✔other structures
✔✔DP coverage C - ✔✔personal property
✔✔DP coverage D - ✔✔Fair Rental Value
✔✔DP coverage E - ✔✔Additional Living Expenses
✔✔Annual depreciation formula - ✔✔replacement cost divided by the items useful life
QUESTIONS AND ANSWERS GRADED A+
✔✔excess liability - ✔✔only pays when primary insurance is exhausted
✔✔dwelling coverage A - ✔✔attached structures
✔✔dwelling coverage B - ✔✔other structures
✔✔dwelling coverage C - ✔✔any personal property
✔✔ H0-2 - ✔✔Broad Form
✔✔HO-3 - ✔✔Special Form
✔✔HO-4 - ✔✔Contents Broad Form
✔✔HO-5 - ✔✔Comprehensive Form
✔✔HO-6 - ✔✔Condominium Form
✔✔HO-8 - ✔✔Modified Coverage Form
✔✔DP-1 - ✔✔basic form
✔✔DP-2 - ✔✔broad form
✔✔DP-3 - ✔✔special form
✔✔what does DP-1 cover? - ✔✔fire, lightning, internal explosion
✔✔DP coverage A - ✔✔dwelling
✔✔DP coverage B - ✔✔other structures
✔✔DP coverage C - ✔✔personal property
✔✔DP coverage D - ✔✔Fair Rental Value
✔✔DP coverage E - ✔✔Additional Living Expenses
✔✔Annual depreciation formula - ✔✔replacement cost divided by the items useful life