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Exam (elaborations)

Illinios public adjuster exam

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Illinios public adjuster exam

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1 of 116

Term



Which of the following is covered under a homeowners policy



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Hostile fire Direct fire.




Direct fire Friendly fire


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, 2 of 116

Term



Which of the following is false about increased costs of compliance
coverage in a commercial flood policy



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Flood policies automatically
Flood policies exclude ICC
include ICC coverage for all
coverage for older buildings
eligible properties




A flood-damaged building must
have been declared substantiallv ICC coverage is mandatory for all
damaged in order for icc coverage commercial properties
to apply


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3 of 116

Term



An insured has a standard farm policy with the EC endorsements
attached. Which of the following claims would NOT be covered



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Collapse of the roof from the
Damage from a lightning strike
weight of snow and ice

, Loss due to a tornado Destruction by a hurricane


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4 of 116

Term



Business income coverage pays for which of the following?



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Gross revenue minus Operating expenses plus
continuing expenses depreciation




Net profit plus fixed costs Gross revenue minus taxes


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, 5 of 116

Term



Commercial property policy with basic causes of laws which exclude
which of the following acts of vandalism?
A. An antenna on top of the building
B. chemicals through onto a buildings roof
C. Spray painting on a building walls
D. All of Above



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Coverage E D. All of above




Damage to an advertising sign on
All of the above
the sidewalk


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6 of 116

Term



Which of the following is FALSE about increased costs of
compliance (ICC) coverage in a commercial flood policy?



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May 25, 2026
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Written in
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