FLORIDA CERTIFIED ADJUSTER PRE-
LICENSING EXAM NEWEST 2026
ACTUAL EXAM| REAL EXAM
QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+|| NEW!!
EdwardmismammembermofmthemKnightsmofmColumbus,mamreligiousmgroupmdedicatedmtomvoluntarymse
rvicemtomthembenefitmofmsociety.mHemalsomrecentlympurchasedmam$100,000mlifeminsurancempolicymfr
ommthemorganization.mThismwasmpossiblembecausemthemKnightsmofmColumbusmis:m-
mCORRECTmANSWERmamfraternalmbenefitmsociety
Jason'smautompolicymstatesmthatmtheminsurermmaymcancelmcoveragemifmampremiummismmoremthanm30
mdaysmlate.mHowever,mJasonmismcurrentlymmoremthanm30mdaysmlate,mandmhasmbeenmsomfivemtimesmin
mthemlastmyear,mandmhisminsurermhasmdonemnothingmaboutmit.mWhenmJasonmgetsmintomanmaccidentma
ndmfilesmamclaim,mwhichmofmthemfollowingmismmostmlikelymtomhappen?m-
mCORRECTmANSWERmTheminsurermwillmpaymthemclaimmbecausemofmthemimpliedmwaivermtheymhavem
madembymnotmcancellingmJason'smpolicymthempreviousmtimesmhemwasmlatemwithmhismpayments
Jaredmhopesmtompurchasemamnewminsurancempolicymformhismcar,mbutmhemhasmanmextremelympoormdri
vingmrecord.mTheminsurancemcompanymdecidesmtomissuemJaredmanminsurancempolicy,mbutmchargesm
himmampremiummmuchmhighermthanmthemaveragemdriver.mTheminsurancemcompanymismpracticing:m-
mCORRECTmANSWERmriskmreduction
WhichmofmthemfollowingmismNOTmamcharacteristicmofminsurancemcontracts?m(aleatory,mconditional,m
unilateral,muniversal)m-mCORRECTmANSWERmuniversal
AmfewmweeksmagomChristopher'smgaragemwasmdestroyedmbymanmout-of-
controlmmotorist.mFortunately,mthemmotoristmhadmsufficientmliabilityminsurancemtomcovermthemdam
ages.mHowever,mtheminsurerminsistsmthatmChristopher'smgaragemismworthmfarmlessmthanmthemapprais
alsmhemhasmreceivedmfrommcontractors.mChristophermandmtheminsurermhavemgonembackmandmforthmi
,nmnegotiationsmformweeks,mmakingmlittlemheadway.mChristophermdecidesmit'smtimemto:m-
mCORRECTmANSWERmissuemamcomplaintmagainstmthempolicyholder
Amreciprocalminsurermis:m-
mCORRECTmANSWERmanmunincorporatedmorganizationmofmsubscribersmthatmoperatesmthroughmanm
attorney-in-factmtomprovideminsurancembenefitsmformitsmmembers.
Bobmhasmbeenminmthemconstructionmbusinessmamlongmtimemandmismreadymtomretire.mHemsellsmthemco
mpanymtomhismfriendmScottmandmthenmletsmtheminsurermknowmthatmanymclaimsmagainstmhismpolicyms
houldmbempaidmtomScottmfrommnowmon.mTheminsurerminformsmBobmthatmtheymcannotmdomthismduemt
omwhichmcondition?m-mCORRECTmANSWERmassignment
Cindymandmherminsurermcannotmreachmanmagreementmformhermpropertymclaim,mandmhavemgonembac
kmandmforthmformweeksmwithoutmcomingmwithinm$10,000mofmeachmother.mAtmthismpoint,msincemboth
mbelievemtheymaremofferingmamfairmsettlement,mamthirdmpartymismneededmtomhelpmfacilitatemthemneg
otiation.mBothmpartiesmstillmwantmtomretainmtheirmabilitymtom"walk-
away"mifmtheymcannotmreachmanmagreement.mWhatmismthemnextmbestmstepmformCindymandmherminsu
rer?m-mCORRECTmANSWERmmediation
Howmismthempowermtombindmtransferredmtomanmadjuster?m-
mCORRECTmANSWERmitmismtransferredmthroughmamwrittenmcontract
Whichmofmthemfollowingmstatementsmbestmdescribesmampartmofmthemappraisalmprocess?
A.mThemclaimantmandmtheminsurermeachmselectmanmappraiser,mandmthosemtwomselectmanmumpire.
B.mAllmpartiesmmustmagreemtomthemfinalmamountminmordermformitmtombembinding.
C.mAmneutralmthirdmparty,mcalledmthemappraiser,mplaysmanmadvisorymrolemtomhelpmthemdisputingmpar
tiesmcomemtomamsettlement.
D.mThemopposingmpartiesmsubmitmtheirmevidencemtomthemappraiser,mwhommakesmamfinalmandmbindi
ngmdecision.m-
,mCORRECTmANSWERmA.mThemclaimantmandmtheminsurermeachmselectmanmappraiser,mandmthosemtwo
mselectmanmumpire.
Bob'smhomemwasmseverelymdamagedmbymamthunderstormmandmhemclaimsmitmwillmcostm$74,000mtomr
epair.mHisminsurermhasminvestigatedmthemclaim,mfoundmthemrepairsmcouldmbemdonemform$49,000,man
dmhasmofferedmBobmthismamountmofmindemnification.mNegotiationmbetweenmBobmandmhisminsurerm
seemsmtombemfailing.mDuemtomthemunpredictabilitymofmthemresult,mwhichmofmthemfollowingmoptionsm
shouldmbemavoidedmbymtheminsurermifmpossible?
A.mAppraisal
B.mMediation
C.mLitigation
D.mArbitrationm-mCORRECTmANSWERmC.mLitigation
Inmappraisal,mwhomchoosesmthemumpire?
A.mThemclaimant
B.mThemtwomappraisers
C.mTheminsurancemcompany
D.mThemadjusterm-mCORRECTmANSWERmB.mThemtwomappraisers
AdjustermAndymismtryingmtomdeterminemamfinalmsettlementmamountmformStacy'smclaim.mStacy'smhou
semwasmdestroyedminmamfiremandmitmwillmcostm$185,000mtomrebuildmit.mStacy'smhomeownersmpolicym
hasmamlimitmofm$178,000mandmam$1,800mdeductible.mTypically,mhowmmuchmwouldmAdjustermAndymc
alculatemStacy'smfinalmsettlementmamountmtombe?m-
mCORRECTmANSWERm$178,000m(becausemthemcostmofmrepairsmismmoremthanmthempolicymlimit,mthem
finalmsettlementmamountmismthemfullmpolicymlimitm($178,000)mandmthemdeductiblemismabsorbedmint
omthemamountmofmthemlossmthatmexceedsmthemlimit.
, WhichmofmthemfollowingmstatementsmismNOTmtruemofmanminsurancemadjuster?
A.mAnminsurancemadjustermmustmalwaysmusemreasonablemjudgementmformbothmtheminsurermandmth
emclaimant.
B.mAnminsurancemadjustermismanmagent.
C.mAnminsurancemadjustermwhomsettlesmclaimsmonmbehalfmofmanminsurermhasmthempowermtombindmth
atminsurer,mevenmifmshemmakesmammistake.
D.mAnminsurancemadjustermreceivesmhermauthoritymtomsellmproductsmonmbehalfmofmtheminsurermthro
ughmamwrittenmcontract.m-
mCORRECTmANSWERmD.mAnminsurancemadjustermreceivesmhermauthoritymtomsellmproductsmonmbehal
fmofmtheminsurermthroughmamwrittenmcontract.
Aftermamlossmcoveredmundermamdwellingmpolicy,mOrdinancemormLawmcoveragempaysmfor:
A.mconfiscationmofmpropertymbymthemgovernment.
B.mincreasedmrepairmcostsmduemtomlawsmormcodes.
C.manymchangemthatmdecreasesmthemvaluemofmthemproperty.
D.mremediationmofmpollutants.m-
mCORRECTmANSWERmB.mincreasedmrepairmcostsmduemtomlawsmormcodes.
CoveragemCm-mPersonalmPropertymofmamhomeownersmpolicymtypicallymexcludes:
A.mfurniture.
B.mfish.
C.mdishes.
D.mblanketmcoveragemofmpersonalmproperty.m-mCORRECTmANSWERmB.mfish
LICENSING EXAM NEWEST 2026
ACTUAL EXAM| REAL EXAM
QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+|| NEW!!
EdwardmismammembermofmthemKnightsmofmColumbus,mamreligiousmgroupmdedicatedmtomvoluntarymse
rvicemtomthembenefitmofmsociety.mHemalsomrecentlympurchasedmam$100,000mlifeminsurancempolicymfr
ommthemorganization.mThismwasmpossiblembecausemthemKnightsmofmColumbusmis:m-
mCORRECTmANSWERmamfraternalmbenefitmsociety
Jason'smautompolicymstatesmthatmtheminsurermmaymcancelmcoveragemifmampremiummismmoremthanm30
mdaysmlate.mHowever,mJasonmismcurrentlymmoremthanm30mdaysmlate,mandmhasmbeenmsomfivemtimesmin
mthemlastmyear,mandmhisminsurermhasmdonemnothingmaboutmit.mWhenmJasonmgetsmintomanmaccidentma
ndmfilesmamclaim,mwhichmofmthemfollowingmismmostmlikelymtomhappen?m-
mCORRECTmANSWERmTheminsurermwillmpaymthemclaimmbecausemofmthemimpliedmwaivermtheymhavem
madembymnotmcancellingmJason'smpolicymthempreviousmtimesmhemwasmlatemwithmhismpayments
Jaredmhopesmtompurchasemamnewminsurancempolicymformhismcar,mbutmhemhasmanmextremelympoormdri
vingmrecord.mTheminsurancemcompanymdecidesmtomissuemJaredmanminsurancempolicy,mbutmchargesm
himmampremiummmuchmhighermthanmthemaveragemdriver.mTheminsurancemcompanymismpracticing:m-
mCORRECTmANSWERmriskmreduction
WhichmofmthemfollowingmismNOTmamcharacteristicmofminsurancemcontracts?m(aleatory,mconditional,m
unilateral,muniversal)m-mCORRECTmANSWERmuniversal
AmfewmweeksmagomChristopher'smgaragemwasmdestroyedmbymanmout-of-
controlmmotorist.mFortunately,mthemmotoristmhadmsufficientmliabilityminsurancemtomcovermthemdam
ages.mHowever,mtheminsurerminsistsmthatmChristopher'smgaragemismworthmfarmlessmthanmthemapprais
alsmhemhasmreceivedmfrommcontractors.mChristophermandmtheminsurermhavemgonembackmandmforthmi
,nmnegotiationsmformweeks,mmakingmlittlemheadway.mChristophermdecidesmit'smtimemto:m-
mCORRECTmANSWERmissuemamcomplaintmagainstmthempolicyholder
Amreciprocalminsurermis:m-
mCORRECTmANSWERmanmunincorporatedmorganizationmofmsubscribersmthatmoperatesmthroughmanm
attorney-in-factmtomprovideminsurancembenefitsmformitsmmembers.
Bobmhasmbeenminmthemconstructionmbusinessmamlongmtimemandmismreadymtomretire.mHemsellsmthemco
mpanymtomhismfriendmScottmandmthenmletsmtheminsurermknowmthatmanymclaimsmagainstmhismpolicyms
houldmbempaidmtomScottmfrommnowmon.mTheminsurerminformsmBobmthatmtheymcannotmdomthismduemt
omwhichmcondition?m-mCORRECTmANSWERmassignment
Cindymandmherminsurermcannotmreachmanmagreementmformhermpropertymclaim,mandmhavemgonembac
kmandmforthmformweeksmwithoutmcomingmwithinm$10,000mofmeachmother.mAtmthismpoint,msincemboth
mbelievemtheymaremofferingmamfairmsettlement,mamthirdmpartymismneededmtomhelpmfacilitatemthemneg
otiation.mBothmpartiesmstillmwantmtomretainmtheirmabilitymtom"walk-
away"mifmtheymcannotmreachmanmagreement.mWhatmismthemnextmbestmstepmformCindymandmherminsu
rer?m-mCORRECTmANSWERmmediation
Howmismthempowermtombindmtransferredmtomanmadjuster?m-
mCORRECTmANSWERmitmismtransferredmthroughmamwrittenmcontract
Whichmofmthemfollowingmstatementsmbestmdescribesmampartmofmthemappraisalmprocess?
A.mThemclaimantmandmtheminsurermeachmselectmanmappraiser,mandmthosemtwomselectmanmumpire.
B.mAllmpartiesmmustmagreemtomthemfinalmamountminmordermformitmtombembinding.
C.mAmneutralmthirdmparty,mcalledmthemappraiser,mplaysmanmadvisorymrolemtomhelpmthemdisputingmpar
tiesmcomemtomamsettlement.
D.mThemopposingmpartiesmsubmitmtheirmevidencemtomthemappraiser,mwhommakesmamfinalmandmbindi
ngmdecision.m-
,mCORRECTmANSWERmA.mThemclaimantmandmtheminsurermeachmselectmanmappraiser,mandmthosemtwo
mselectmanmumpire.
Bob'smhomemwasmseverelymdamagedmbymamthunderstormmandmhemclaimsmitmwillmcostm$74,000mtomr
epair.mHisminsurermhasminvestigatedmthemclaim,mfoundmthemrepairsmcouldmbemdonemform$49,000,man
dmhasmofferedmBobmthismamountmofmindemnification.mNegotiationmbetweenmBobmandmhisminsurerm
seemsmtombemfailing.mDuemtomthemunpredictabilitymofmthemresult,mwhichmofmthemfollowingmoptionsm
shouldmbemavoidedmbymtheminsurermifmpossible?
A.mAppraisal
B.mMediation
C.mLitigation
D.mArbitrationm-mCORRECTmANSWERmC.mLitigation
Inmappraisal,mwhomchoosesmthemumpire?
A.mThemclaimant
B.mThemtwomappraisers
C.mTheminsurancemcompany
D.mThemadjusterm-mCORRECTmANSWERmB.mThemtwomappraisers
AdjustermAndymismtryingmtomdeterminemamfinalmsettlementmamountmformStacy'smclaim.mStacy'smhou
semwasmdestroyedminmamfiremandmitmwillmcostm$185,000mtomrebuildmit.mStacy'smhomeownersmpolicym
hasmamlimitmofm$178,000mandmam$1,800mdeductible.mTypically,mhowmmuchmwouldmAdjustermAndymc
alculatemStacy'smfinalmsettlementmamountmtombe?m-
mCORRECTmANSWERm$178,000m(becausemthemcostmofmrepairsmismmoremthanmthempolicymlimit,mthem
finalmsettlementmamountmismthemfullmpolicymlimitm($178,000)mandmthemdeductiblemismabsorbedmint
omthemamountmofmthemlossmthatmexceedsmthemlimit.
, WhichmofmthemfollowingmstatementsmismNOTmtruemofmanminsurancemadjuster?
A.mAnminsurancemadjustermmustmalwaysmusemreasonablemjudgementmformbothmtheminsurermandmth
emclaimant.
B.mAnminsurancemadjustermismanmagent.
C.mAnminsurancemadjustermwhomsettlesmclaimsmonmbehalfmofmanminsurermhasmthempowermtombindmth
atminsurer,mevenmifmshemmakesmammistake.
D.mAnminsurancemadjustermreceivesmhermauthoritymtomsellmproductsmonmbehalfmofmtheminsurermthro
ughmamwrittenmcontract.m-
mCORRECTmANSWERmD.mAnminsurancemadjustermreceivesmhermauthoritymtomsellmproductsmonmbehal
fmofmtheminsurermthroughmamwrittenmcontract.
Aftermamlossmcoveredmundermamdwellingmpolicy,mOrdinancemormLawmcoveragempaysmfor:
A.mconfiscationmofmpropertymbymthemgovernment.
B.mincreasedmrepairmcostsmduemtomlawsmormcodes.
C.manymchangemthatmdecreasesmthemvaluemofmthemproperty.
D.mremediationmofmpollutants.m-
mCORRECTmANSWERmB.mincreasedmrepairmcostsmduemtomlawsmormcodes.
CoveragemCm-mPersonalmPropertymofmamhomeownersmpolicymtypicallymexcludes:
A.mfurniture.
B.mfish.
C.mdishes.
D.mblanketmcoveragemofmpersonalmproperty.m-mCORRECTmANSWERmB.mfish
