FL Adjuster Exam (WebCE) – Latest Update 2026 | Exam
Prep | Graded A+
1. Describe the significance of symbol 10 in the context of a business auto policy.
Symbol 10 is used for personal vehicles in a business auto policy.
Symbol 10 refers to vehicles used for commercial purposes only.
Symbol 10 represents a vehicle that is fully covered under the policy.
Symbol 10 indicates a vehicle that is not covered under the standard symbols
in a business auto policy.
2. Describe the coverage limitations of an HO-3 Special Form homeowners policy
regarding business-related property.
An HO-3 Special Form homeowners policy includes coverage for all types of
land.
An HO-3 Special Form homeowners policy covers all personal property
regardless of use.
An HO-3 Special Form homeowners policy only covers the structure of the
home.
An HO-3 Special Form homeowners policy does not cover property used for
business purposes.
3. Which of the following commercial liability policy versions covers injuries sustained
during a policy period even if the claim is not actually filed years after the policy has
been cancelled?
, Premises form
Occurrence form
Claims made form
Contractual liability form
4. In a common package policy who may cancel the policy in writing and make
changes to the policy with the consent of the insurer
Last name insured
Insurer
Beneficiary
First named insured
5. What is the term used to describe the financial stake a person must have in the
insured property to collect insurance proceeds?
Premium
Coverage symbol
Insurable interest
Policy limit
6. Which organization is primarily responsible for creating the standard workers'
compensation and employers liability insurance policy used in most states?
National Workers' Compensation Organization
Workers' Compensation Industrial Relations Board
Workers' Compensation Institute
National Council on Compensation Insurance
,7. An insured suffers a covered loss to some rental property that forces the tenant to
move to another location. Under which section of the dwelling policy would the
insured receive payment during the time the property is being repaired?
Coverage B--Other Structures.
Coverage E--Additional Living Expense.
Coverage D--Fair Rental Value.
Coverage A--Dwelling.
8. What type of coverage does Eamon's Clothing Store have for theft?
Workers' compensation coverage
Homeowners insurance
Commercial crime coverage
General liability coverage
9. If a company decides to become a self-insurer for workers' compensation, what
must it do to ensure compliance with state regulations?
Deposit securities with the state in a specified amount.
Purchase a commercial insurance policy.
Limit employee coverage to only certain job roles.
Join an assigned risk plan.
10. Which policy would cover water damage to the dwelling and contents after a pipe
bursts in the house?
DP-1
HO-3
, Flood
HO-8
11. Which type of liability is NOT covered by a commercial general liability (CGL) policy?
contractual liability products and completed
operations liability auto liability and professional
liability premises and operations liability
12. What type of coverage does a commercial crime policy typically provide
for missing stock due to employee actions?
Inventory Shortages exclusion
Employee Theft coverage
Other Property coverage
Warehouse Receipts exclusion
13. If a company has a vehicle designated with symbol 10 in its business auto policy,
what implications does this have for coverage in the event of an accident?
The vehicle would be covered under a different insurance policy.
The vehicle would have full coverage for any accidents.
The vehicle would be covered only for liability claims.
The vehicle would not be covered under the standard policy provisions.
14. What unique feature does the garage coverage form provide compared to other
types of insurance?
Its premium charge is the least expensive of all commercial insurance policies.
Prep | Graded A+
1. Describe the significance of symbol 10 in the context of a business auto policy.
Symbol 10 is used for personal vehicles in a business auto policy.
Symbol 10 refers to vehicles used for commercial purposes only.
Symbol 10 represents a vehicle that is fully covered under the policy.
Symbol 10 indicates a vehicle that is not covered under the standard symbols
in a business auto policy.
2. Describe the coverage limitations of an HO-3 Special Form homeowners policy
regarding business-related property.
An HO-3 Special Form homeowners policy includes coverage for all types of
land.
An HO-3 Special Form homeowners policy covers all personal property
regardless of use.
An HO-3 Special Form homeowners policy only covers the structure of the
home.
An HO-3 Special Form homeowners policy does not cover property used for
business purposes.
3. Which of the following commercial liability policy versions covers injuries sustained
during a policy period even if the claim is not actually filed years after the policy has
been cancelled?
, Premises form
Occurrence form
Claims made form
Contractual liability form
4. In a common package policy who may cancel the policy in writing and make
changes to the policy with the consent of the insurer
Last name insured
Insurer
Beneficiary
First named insured
5. What is the term used to describe the financial stake a person must have in the
insured property to collect insurance proceeds?
Premium
Coverage symbol
Insurable interest
Policy limit
6. Which organization is primarily responsible for creating the standard workers'
compensation and employers liability insurance policy used in most states?
National Workers' Compensation Organization
Workers' Compensation Industrial Relations Board
Workers' Compensation Institute
National Council on Compensation Insurance
,7. An insured suffers a covered loss to some rental property that forces the tenant to
move to another location. Under which section of the dwelling policy would the
insured receive payment during the time the property is being repaired?
Coverage B--Other Structures.
Coverage E--Additional Living Expense.
Coverage D--Fair Rental Value.
Coverage A--Dwelling.
8. What type of coverage does Eamon's Clothing Store have for theft?
Workers' compensation coverage
Homeowners insurance
Commercial crime coverage
General liability coverage
9. If a company decides to become a self-insurer for workers' compensation, what
must it do to ensure compliance with state regulations?
Deposit securities with the state in a specified amount.
Purchase a commercial insurance policy.
Limit employee coverage to only certain job roles.
Join an assigned risk plan.
10. Which policy would cover water damage to the dwelling and contents after a pipe
bursts in the house?
DP-1
HO-3
, Flood
HO-8
11. Which type of liability is NOT covered by a commercial general liability (CGL) policy?
contractual liability products and completed
operations liability auto liability and professional
liability premises and operations liability
12. What type of coverage does a commercial crime policy typically provide
for missing stock due to employee actions?
Inventory Shortages exclusion
Employee Theft coverage
Other Property coverage
Warehouse Receipts exclusion
13. If a company has a vehicle designated with symbol 10 in its business auto policy,
what implications does this have for coverage in the event of an accident?
The vehicle would be covered under a different insurance policy.
The vehicle would have full coverage for any accidents.
The vehicle would be covered only for liability claims.
The vehicle would not be covered under the standard policy provisions.
14. What unique feature does the garage coverage form provide compared to other
types of insurance?
Its premium charge is the least expensive of all commercial insurance policies.
