PUBLIC ADJUSTER ILLINOIS
EXAM QUESTIONS EXAM
COMPLETE TEST , PRACTICE
QUESTIONS, VERIFIED ANSWER
KEY, AND STUDY GUIDE FOR
(LATEST 2026 EDITION)
Rat
3-20 PUBLIC ADJUSTER EXAM 1
Coverage C in the Homeowners policy covers:
Dwelling
Other Structures
Personal Property
Loss of Use - CORRECT ANSWER -C:
,Coverage C in the Homeowners policy covers Personal
Property.
A ________ Adjuster is any person who works on behalf of
an insured in negotiating the settlement of an insurance
claim.
Company
B )Independent
Public
Personal - CORRECT ANSWER -C:
A Public Adjuster is any person who works on behalf of an
insured in negotiating the settlement of an insurance claim.
A Public Adjuster shall not approach investigations,
adjustments, and settlements in a manner __________ to an
insured.
,favorable
beneficial
helpful
prejudicial - CORRECT ANSWER -D:
A Public Adjuster shall not approach investigations,
adjustments, and settlements in a manner prejudicial to an
insured.
Joe Insured received a claims check without an estimate or
any written explanation as to the payment. According to
Joe's calculations, the insurance company has only paid
about 60% of his claim. The one thing Joe did see and did
definitely notice is the words on the front and back of the
insurance company's check "FINAL RELEASE OF ALL
CLAIMS".
fair is far, if Joe cashes the check then the claim is closed
the Final Release of All Claims statement is all Joe needs to
know to settle his claim
, the insurance company is required to provide Joe in writing
the details of the settlement of his claim including how and
why he received a partial settlement of his claim
Joe should return the check and ask for the other 30% -
CORRECT ANSWER -C:
Failing to promptly provide a *reasonable* explanation in
writing to the insured of the basis in the insurance policy, in
relation to the facts or applicable law, for denial of a claim,
or for the offer of a compromise settlement is considered an
unfair or deceptive claims practice or act.
Bert of Bert's Better Lawns has given Bill Simmons a quote
of $100 per month for Bill's lawn and landscaping. Bill has
accepted Better Lawns offer but advised Better Lawns he
was only will to pay $95 per month. What is Bill's
"acceptance" called?
An Offer
An Acceptance
EXAM QUESTIONS EXAM
COMPLETE TEST , PRACTICE
QUESTIONS, VERIFIED ANSWER
KEY, AND STUDY GUIDE FOR
(LATEST 2026 EDITION)
Rat
3-20 PUBLIC ADJUSTER EXAM 1
Coverage C in the Homeowners policy covers:
Dwelling
Other Structures
Personal Property
Loss of Use - CORRECT ANSWER -C:
,Coverage C in the Homeowners policy covers Personal
Property.
A ________ Adjuster is any person who works on behalf of
an insured in negotiating the settlement of an insurance
claim.
Company
B )Independent
Public
Personal - CORRECT ANSWER -C:
A Public Adjuster is any person who works on behalf of an
insured in negotiating the settlement of an insurance claim.
A Public Adjuster shall not approach investigations,
adjustments, and settlements in a manner __________ to an
insured.
,favorable
beneficial
helpful
prejudicial - CORRECT ANSWER -D:
A Public Adjuster shall not approach investigations,
adjustments, and settlements in a manner prejudicial to an
insured.
Joe Insured received a claims check without an estimate or
any written explanation as to the payment. According to
Joe's calculations, the insurance company has only paid
about 60% of his claim. The one thing Joe did see and did
definitely notice is the words on the front and back of the
insurance company's check "FINAL RELEASE OF ALL
CLAIMS".
fair is far, if Joe cashes the check then the claim is closed
the Final Release of All Claims statement is all Joe needs to
know to settle his claim
, the insurance company is required to provide Joe in writing
the details of the settlement of his claim including how and
why he received a partial settlement of his claim
Joe should return the check and ask for the other 30% -
CORRECT ANSWER -C:
Failing to promptly provide a *reasonable* explanation in
writing to the insured of the basis in the insurance policy, in
relation to the facts or applicable law, for denial of a claim,
or for the offer of a compromise settlement is considered an
unfair or deceptive claims practice or act.
Bert of Bert's Better Lawns has given Bill Simmons a quote
of $100 per month for Bill's lawn and landscaping. Bill has
accepted Better Lawns offer but advised Better Lawns he
was only will to pay $95 per month. What is Bill's
"acceptance" called?
An Offer
An Acceptance
