Florida All-Lines Adjuster (6-20) Exam — Questions
& Correct Answers
Question 1
What is the deductible for a Personal Articles Floater (PAF)?
Select one:
A. $250
B. $100
C. $500
D. $0
Correct Answer
$0
Question 2
Which is not a requirement for licensure as an adjuster?
Select one:
A. Be a bonafied resident of Florida
B. Be appointed by a company
C. Be appointed by an office manager
D. Take an approved course and pass a state exam
Correct Answer
e appointed by a company
Question 3
Claim
Correct Answer
Is the assertion of an alleged legal right against an insurer, which carries with it a
demand for appropriate relief.
Page 1 of 233
,Question 4
Business Auto Policy
Correct Answer
Insurers the automobile exposures of Business.
Question 5
Other Insurance
Correct Answer
The principle of indemnity dictates against duplicate recovery for the same loss.
Question 6
Comparative negligence
Correct Answer
Reduces the insured's damages by the degree of negligence
Question 7
Independent Adjuster
Correct Answer
Are Self-Employed and are not affiliated with either insurers or bureaus. They serve
as adjuster representatives of insurers, and their services are compensated on a fee-
plus-expenses basis for each loss handled.
Page 2 of 233
,Question 8
A licensee must notify the Department in writing in how many days for change of
name, address, phone number or email ?
Correct Answer
30 days.
Question 1
The deductible
Correct Answer
The dollar amount that the insured pays before the insurer is required to pay
the remainder of the loss is known as?
Question 2
Replacement cost
Correct Answer
Which loss settlement provides new for old?
Question 3
the claims adjuster's role in the insurance industry includes
Correct Answer
Give appropriate legal advice and write binding contracts
Question 4
following are examples of a peril
Correct Answer
Lighting, Explosion and Fire
Page 3 of 233
, Question 5
The abandonment clause
Correct Answer
The clause that prohibits the insured from dumping damaged property on the
insurance company and demanding to be paid in full is?
Question 6
Liberalization
Correct Answer
When a policy change results in broadened coverage with no additional
premium, the insured automatically receives the benefit under the principle
of?
Question 7
Risk
Correct Answer
The chance of financial loss is known as?
Question 8
Percentage
Correct Answer
Hurricane insurance in coastal areas in Florida is written subject to which of
the following deductibles?
Question 9
Severability
Correct Answer
Insurance may apply separately to each insured, as if the other insureds did
not exist. This is known as the doctrine of?
Page 4 of 233
& Correct Answers
Question 1
What is the deductible for a Personal Articles Floater (PAF)?
Select one:
A. $250
B. $100
C. $500
D. $0
Correct Answer
$0
Question 2
Which is not a requirement for licensure as an adjuster?
Select one:
A. Be a bonafied resident of Florida
B. Be appointed by a company
C. Be appointed by an office manager
D. Take an approved course and pass a state exam
Correct Answer
e appointed by a company
Question 3
Claim
Correct Answer
Is the assertion of an alleged legal right against an insurer, which carries with it a
demand for appropriate relief.
Page 1 of 233
,Question 4
Business Auto Policy
Correct Answer
Insurers the automobile exposures of Business.
Question 5
Other Insurance
Correct Answer
The principle of indemnity dictates against duplicate recovery for the same loss.
Question 6
Comparative negligence
Correct Answer
Reduces the insured's damages by the degree of negligence
Question 7
Independent Adjuster
Correct Answer
Are Self-Employed and are not affiliated with either insurers or bureaus. They serve
as adjuster representatives of insurers, and their services are compensated on a fee-
plus-expenses basis for each loss handled.
Page 2 of 233
,Question 8
A licensee must notify the Department in writing in how many days for change of
name, address, phone number or email ?
Correct Answer
30 days.
Question 1
The deductible
Correct Answer
The dollar amount that the insured pays before the insurer is required to pay
the remainder of the loss is known as?
Question 2
Replacement cost
Correct Answer
Which loss settlement provides new for old?
Question 3
the claims adjuster's role in the insurance industry includes
Correct Answer
Give appropriate legal advice and write binding contracts
Question 4
following are examples of a peril
Correct Answer
Lighting, Explosion and Fire
Page 3 of 233
, Question 5
The abandonment clause
Correct Answer
The clause that prohibits the insured from dumping damaged property on the
insurance company and demanding to be paid in full is?
Question 6
Liberalization
Correct Answer
When a policy change results in broadened coverage with no additional
premium, the insured automatically receives the benefit under the principle
of?
Question 7
Risk
Correct Answer
The chance of financial loss is known as?
Question 8
Percentage
Correct Answer
Hurricane insurance in coastal areas in Florida is written subject to which of
the following deductibles?
Question 9
Severability
Correct Answer
Insurance may apply separately to each insured, as if the other insureds did
not exist. This is known as the doctrine of?
Page 4 of 233
