Insurance Adjuster Exam
Guide
2026
Questions and Answers
(A+ Grade Guarantee)
2026
, Insurance Adjuster Exam
Study online at https://quizlet.com/_4i4r4i
1. Which kind of losses are covered under a stan- Direct
dard fire policy?
2. All fires are not covered by the Standard Fire are hostile and have a flame or
policies, only those that: glow
3. At what time does a fire policy go into affect? 12:01am standard time at the loca-
tion of the insured's property
4. A property is insured under two Standard $5,000
Fire policies for $25,000 each. A fire causes
$10,000 worth of damage. What is the max-
imum amount the insured may collect under
each policy?
5. A fire burning in the middle of the living room a hostile fire
would be considered:
6. An insured's house is damaged by fire caused subrogation
by a neighbor's negligence. The insurance com-
pany will attempt to recover damage from the
neighbor. This is called:
7. Which of the following statements are true con- The insured must separate dam-
cerning requirements of the standard fire poli- aged from undamaged property in
cy? the event there is a loss AND If a
loss occurs, the insured normally
has 60 days to file a proof of loss
with the insurer
8. Which types of property are excluded from cov- accounts, currency, deeds, and se-
erage under the basic fire policy? curities
2026
, Insurance Adjuster Exam
Study online at https://quizlet.com/_4i4r4i
9. Who is insured under the Standard Fire policy? the named insured and his legal
representatives
10. An agreement which affords temporary insur- a binder
ance protection until the policy is issued is
called:
11. as a general rule, a complete fire insurance pol- the Standard Fire policy with one or
icy would be made up of: more forms attached
12. The one condition listed below which will not over-insurance
void a fire policy:
a) false swearing
b) misrepresentation
c) over-insurance
d) concealment
13. replacement cost minus depreciation: Actual Cash Value (ACV)
14. The Standard Fire policy with an extended cover- riot
age endorsement attached covers which of the
following:
15. A loss due to order of Civil Authority: is excluded unless the loss occurs
because of an order by Civil Author-
ities for the purpose of controlling
a fire
16. The term "unoccupancy" refers to the absence persons from a building
of :
17. Suppose a fire occurs on February 26th. On April 60 days after April 30th
30th, the insurance company notifies the mort-
gagee the insured has not filed a proof of loss.
2026
Guide
2026
Questions and Answers
(A+ Grade Guarantee)
2026
, Insurance Adjuster Exam
Study online at https://quizlet.com/_4i4r4i
1. Which kind of losses are covered under a stan- Direct
dard fire policy?
2. All fires are not covered by the Standard Fire are hostile and have a flame or
policies, only those that: glow
3. At what time does a fire policy go into affect? 12:01am standard time at the loca-
tion of the insured's property
4. A property is insured under two Standard $5,000
Fire policies for $25,000 each. A fire causes
$10,000 worth of damage. What is the max-
imum amount the insured may collect under
each policy?
5. A fire burning in the middle of the living room a hostile fire
would be considered:
6. An insured's house is damaged by fire caused subrogation
by a neighbor's negligence. The insurance com-
pany will attempt to recover damage from the
neighbor. This is called:
7. Which of the following statements are true con- The insured must separate dam-
cerning requirements of the standard fire poli- aged from undamaged property in
cy? the event there is a loss AND If a
loss occurs, the insured normally
has 60 days to file a proof of loss
with the insurer
8. Which types of property are excluded from cov- accounts, currency, deeds, and se-
erage under the basic fire policy? curities
2026
, Insurance Adjuster Exam
Study online at https://quizlet.com/_4i4r4i
9. Who is insured under the Standard Fire policy? the named insured and his legal
representatives
10. An agreement which affords temporary insur- a binder
ance protection until the policy is issued is
called:
11. as a general rule, a complete fire insurance pol- the Standard Fire policy with one or
icy would be made up of: more forms attached
12. The one condition listed below which will not over-insurance
void a fire policy:
a) false swearing
b) misrepresentation
c) over-insurance
d) concealment
13. replacement cost minus depreciation: Actual Cash Value (ACV)
14. The Standard Fire policy with an extended cover- riot
age endorsement attached covers which of the
following:
15. A loss due to order of Civil Authority: is excluded unless the loss occurs
because of an order by Civil Author-
ities for the purpose of controlling
a fire
16. The term "unoccupancy" refers to the absence persons from a building
of :
17. Suppose a fire occurs on February 26th. On April 60 days after April 30th
30th, the insurance company notifies the mort-
gagee the insured has not filed a proof of loss.
2026
