FLORIDA ADJUSTER LICENSING PRACTICE
EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS
AA2claimA2inA2theA2property/casualtyA2industryA2IsA2definedA2as:A2-A2Ans--
anA2assertionA2ofA2anA2allegedA2legalA2rightA2againstA2aA2person,A2entity,A2companyA2orA2i
nsurerA2thatA2carriesA2withA2itA2aA2demandA2forA2moneyA2asA2compensationA2forA2injuriesA
2orA2damages
whenA2youA2purchaseA2insurance,A2youA2areA2buying:A2-A2Ans--
peaceA2ofA2mindA2thatA2ifA2anA2insuredA2eventA2doesA2occur,A2thatA2theA2insuranceA2comp
anyA2willA2keepA2itsA2promiseA2andA2provideA2theA2financialA2protectionA2thatA2youA2purch
ased
inA2today'sA2society,A2theA2mostA2importantA2factorA2inA2theA2purchaseA2ofA2insuranceA2is:A
2-A2Ans--trust
OneA2ofA2theA2mostA2importantA2claimA2handlingA2goalsA2ofA2anA2insuranceA2companyA2is:
A2-A2Ans--
toA2helpA2thoseA2whoA2haveA2beenA2injuredA2orA2whoA2haveA2sufferedA2lossA2forA2whichA2t
heA2insuredA2isA2responsible,A2whileA2atA2theA2sameA2timeA2minimizingA2lossA2forA2theA2ins
uredA2partyA2andA2carrier
whatA2isA2theA2primaryA2differenceA2betweenA2aA2companyA2employeeA2adjusterA2andA2an
A2independentA2adjusterA2-A2Ans--
aA2companyA2employeeA2adjusterA2worksA2forA2anA2insuranceA2companyA2andA2anA2indep
endentA2adjusterA2worksA2independentlyA2forA2themselvesA2orA2forA2adjustingA2firmsA2who
A2representA2manyA2clients
anA2adjuster'sA2responsibilityA2asA2aA2fiduciaryA2means:A2-A2Ans--
theA2adjusterA2represents,A2andA2controls,A2theA2propertyA2andA2financialA2interestsA2ofA2t
heA2clientA2toA2whomA2he/sheA2owesA2aA2highA2degreeA2ofA2loyaltyA2andA2goodA2faith
theA2basicA2andA2primaryA2functionsA2ofA2anA2adjusterA2are:A2-A2Ans--
investigating,A2evaluating,A2reporting,A2negotiatingA2andA2disposingA2ofA2claims
onceA2anA2adjusterA2isA2licensed,A2heA2orA2sheA2mustA2maintainA2aA2continuingA2educatio
nA2requirement.A2WhatA2isA2thatA2adjuster'sA2complianceA2requirementA2inA2orderA2toA2ret
ainA2aA2license?A2-A2Ans--
anA2adjusterA2mustA2completeA224A2hoursA2ofA2continuingA2educationA2inA2everyA22A2yearA
2complianceA2period,A2ofA2whichA25A2hoursA2mustA2beA2takenA2inA2aA2properlyA2certifiedA25
A2hourA2lawA2andA2ethicsA2updateA2course
EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS
AA2claimA2inA2theA2property/casualtyA2industryA2IsA2definedA2as:A2-A2Ans--
anA2assertionA2ofA2anA2allegedA2legalA2rightA2againstA2aA2person,A2entity,A2companyA2orA2i
nsurerA2thatA2carriesA2withA2itA2aA2demandA2forA2moneyA2asA2compensationA2forA2injuriesA
2orA2damages
whenA2youA2purchaseA2insurance,A2youA2areA2buying:A2-A2Ans--
peaceA2ofA2mindA2thatA2ifA2anA2insuredA2eventA2doesA2occur,A2thatA2theA2insuranceA2comp
anyA2willA2keepA2itsA2promiseA2andA2provideA2theA2financialA2protectionA2thatA2youA2purch
ased
inA2today'sA2society,A2theA2mostA2importantA2factorA2inA2theA2purchaseA2ofA2insuranceA2is:A
2-A2Ans--trust
OneA2ofA2theA2mostA2importantA2claimA2handlingA2goalsA2ofA2anA2insuranceA2companyA2is:
A2-A2Ans--
toA2helpA2thoseA2whoA2haveA2beenA2injuredA2orA2whoA2haveA2sufferedA2lossA2forA2whichA2t
heA2insuredA2isA2responsible,A2whileA2atA2theA2sameA2timeA2minimizingA2lossA2forA2theA2ins
uredA2partyA2andA2carrier
whatA2isA2theA2primaryA2differenceA2betweenA2aA2companyA2employeeA2adjusterA2andA2an
A2independentA2adjusterA2-A2Ans--
aA2companyA2employeeA2adjusterA2worksA2forA2anA2insuranceA2companyA2andA2anA2indep
endentA2adjusterA2worksA2independentlyA2forA2themselvesA2orA2forA2adjustingA2firmsA2who
A2representA2manyA2clients
anA2adjuster'sA2responsibilityA2asA2aA2fiduciaryA2means:A2-A2Ans--
theA2adjusterA2represents,A2andA2controls,A2theA2propertyA2andA2financialA2interestsA2ofA2t
heA2clientA2toA2whomA2he/sheA2owesA2aA2highA2degreeA2ofA2loyaltyA2andA2goodA2faith
theA2basicA2andA2primaryA2functionsA2ofA2anA2adjusterA2are:A2-A2Ans--
investigating,A2evaluating,A2reporting,A2negotiatingA2andA2disposingA2ofA2claims
onceA2anA2adjusterA2isA2licensed,A2heA2orA2sheA2mustA2maintainA2aA2continuingA2educatio
nA2requirement.A2WhatA2isA2thatA2adjuster'sA2complianceA2requirementA2inA2orderA2toA2ret
ainA2aA2license?A2-A2Ans--
anA2adjusterA2mustA2completeA224A2hoursA2ofA2continuingA2educationA2inA2everyA22A2yearA
2complianceA2period,A2ofA2whichA25A2hoursA2mustA2beA2takenA2inA2aA2properlyA2certifiedA25
A2hourA2lawA2andA2ethicsA2updateA2course