Unit 21 adjuster
Unit 21
Study online at https://quizlet.com/_e8skxc
1. The claimant tripped over some boxes that were negotiated
left in the aisle of the insured supermarket and
sprained her back. After evaluating the loss, the
adjuster established a settlement range of $1000-
$1500. The claimant believes she should be paid at
least $2000. This claim would probably be
2. A method other than negotiation that is used to Alternative Dispute Resolution
resolve the claim out of court is called
3. At what point in the claim handling process is the as soon as possible after the claim
reserve usually set is received, before the investiga-
tion is fully completed
4. claims involving losses to what type of property autos
have the greatest potential for salvage
5. After reviewing an insureds policy coverage, the A reservation of rights letter or
adjuster is unsure if the loss is covered. The ad- nonwaiver agreement
juster should send the insured
6. Machelle is investigating a windstorm claim filed The claim is covered unless wind-
under the insureds homeowners policy. The policy storm is specifically listed as an
is written on an open peril basis. What effect, if any, excluded peril
does this information have on the claim investiga-
tion
7. What is the primary disadvantage of using the dis- It doesn't consider the nature of
ability formula to calculate general damages the claimants injury or the impact
the injury had on the claimants
lifestyle or occupation
8.
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Unit 21
Study online at https://quizlet.com/_e8skxc
1. The claimant tripped over some boxes that were negotiated
left in the aisle of the insured supermarket and
sprained her back. After evaluating the loss, the
adjuster established a settlement range of $1000-
$1500. The claimant believes she should be paid at
least $2000. This claim would probably be
2. A method other than negotiation that is used to Alternative Dispute Resolution
resolve the claim out of court is called
3. At what point in the claim handling process is the as soon as possible after the claim
reserve usually set is received, before the investiga-
tion is fully completed
4. claims involving losses to what type of property autos
have the greatest potential for salvage
5. After reviewing an insureds policy coverage, the A reservation of rights letter or
adjuster is unsure if the loss is covered. The ad- nonwaiver agreement
juster should send the insured
6. Machelle is investigating a windstorm claim filed The claim is covered unless wind-
under the insureds homeowners policy. The policy storm is specifically listed as an
is written on an open peril basis. What effect, if any, excluded peril
does this information have on the claim investiga-
tion
7. What is the primary disadvantage of using the dis- It doesn't consider the nature of
ability formula to calculate general damages the claimants injury or the impact
the injury had on the claimants
lifestyle or occupation
8.
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1 of 2
