RHODE ISLAND ADJUSTER'S
CERTIFICATION SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
◍ H0-3.
Answer: Open peril on structureBroad peril on contents80% coinsurance on
structure to get full replace valueACV on contents unless endorsed
◍ Insured.
Answer: Those who has insurable interest in property and would suffer
financial loss if property were damaged by insured peril.Includes family
members without listing names.Can include lien holder
◍ ACV (Actual Cash Value).
Answer: Cost to replace less depreciation
◍ Enforces rules, regulations, and laws.
Answer: Duties of insurance commissioner
◍ Proof of loss.
Answer: Formal statement made by insured to insurance company regarding
loss. Places sufficient information concerning loss before company to enable
it to determine liability under policy.
◍ Strict liab.
Answer: Liab due to special circumstances, do not need to prove negligence
◍ Yacht policy.
Answer: 65 foot sailboat60 foot boat with an outward motor
◍ H0 (Cover B).
Answer: Other structure10% of coverage A for 1 or 2 family dwelling5% of
coverage A for 3 or 4 family dwelling
, ◍ Endorsement.
Answer: Used to add, delete, or change any policy parts. May alter content
of declarations and insurance agreement. May contain conditions
exclusions, and definitions.
◍ Appraisal clause.
Answer: Dispute in property claim, both parties select appraiser to determine
value of loss. If appraisers do not agree an umpire is selected to make
decision. Each pay for own appraiser and split umpire cost,
◍ Arbitration.
Answer: Appears in auto policies to resolve disputes for
underinsured/uninsured.Settle dispute between insurance companies
involving 3rd party liability claims.
◍ 30 days.
Answer: Replacement auto must be disclosed to insurer within X days?
◍ 15 days with written response.
Answer: RI: How long to reply to inquiry from department of insurance
regarding a claim?
◍ Domestic insurer.
Answer: Insurer formed and domiciled under laws of particular state.
◍ H0 (Cover C).
Answer: Personal property50% Cov A 1 or 2 family dwelling30 Cov A 3
family dwelling25$ Cov A 4 family dwelling*Special limits on money,
watercraft, trailers, theft of jewelry, furs, and gun theft
◍ Executory.
Answer: Both sides perform certain acts to make contract enforceable.
◍ Aleatory.
Answer: Insurance contract contingent of uncertain event (loss)
◍ Subrogation.
Answer: Used when insurer paid a covered claim on behalf of insured
CERTIFICATION SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
◍ H0-3.
Answer: Open peril on structureBroad peril on contents80% coinsurance on
structure to get full replace valueACV on contents unless endorsed
◍ Insured.
Answer: Those who has insurable interest in property and would suffer
financial loss if property were damaged by insured peril.Includes family
members without listing names.Can include lien holder
◍ ACV (Actual Cash Value).
Answer: Cost to replace less depreciation
◍ Enforces rules, regulations, and laws.
Answer: Duties of insurance commissioner
◍ Proof of loss.
Answer: Formal statement made by insured to insurance company regarding
loss. Places sufficient information concerning loss before company to enable
it to determine liability under policy.
◍ Strict liab.
Answer: Liab due to special circumstances, do not need to prove negligence
◍ Yacht policy.
Answer: 65 foot sailboat60 foot boat with an outward motor
◍ H0 (Cover B).
Answer: Other structure10% of coverage A for 1 or 2 family dwelling5% of
coverage A for 3 or 4 family dwelling
, ◍ Endorsement.
Answer: Used to add, delete, or change any policy parts. May alter content
of declarations and insurance agreement. May contain conditions
exclusions, and definitions.
◍ Appraisal clause.
Answer: Dispute in property claim, both parties select appraiser to determine
value of loss. If appraisers do not agree an umpire is selected to make
decision. Each pay for own appraiser and split umpire cost,
◍ Arbitration.
Answer: Appears in auto policies to resolve disputes for
underinsured/uninsured.Settle dispute between insurance companies
involving 3rd party liability claims.
◍ 30 days.
Answer: Replacement auto must be disclosed to insurer within X days?
◍ 15 days with written response.
Answer: RI: How long to reply to inquiry from department of insurance
regarding a claim?
◍ Domestic insurer.
Answer: Insurer formed and domiciled under laws of particular state.
◍ H0 (Cover C).
Answer: Personal property50% Cov A 1 or 2 family dwelling30 Cov A 3
family dwelling25$ Cov A 4 family dwelling*Special limits on money,
watercraft, trailers, theft of jewelry, furs, and gun theft
◍ Executory.
Answer: Both sides perform certain acts to make contract enforceable.
◍ Aleatory.
Answer: Insurance contract contingent of uncertain event (loss)
◍ Subrogation.
Answer: Used when insurer paid a covered claim on behalf of insured
