Florida 6 to 20 All Lines Adjuster Test Problems and
their solutions Guaranteed pass 100%
_______ limit an insurer's liability.
A. Provisions
B. Reinstatements
C. Exclusions
D. None of the above - CORRECT ANSWER ✔✔ -C. Exclusions
:All of the following events are considered acts of terrorism, except:
A. Acts of riot and civil commotion
B. Acts considered dangerous to human life, property or infrastructure.
C. Acts resulting in damage within or outside the United States.
D. Acts committed at the premises of any United States mission. - CORRECT ANSWER ✔✔ -
A. Acts of riot and civil commotion
2. Damage to a windshield by a bird would be covered under:
A. Collision
B. Comprehensive
C. Liability
D. All of the above. - CORRECT ANSWER ✔✔ -B. Comprehensive
2. In Ocean Marine Insurance, the term "average" means:
,A. The ACV of the ship
B. The annual premium for the insurance policy
C. Loss or damage
D. That coverage is written on a named peril basis - CORRECT ANSWER ✔✔ -C. Loss or
damage
4. Volcanic action is covered under which of the following Cause of Loss forms?
A. None
B. Basic
C. Broad only
D. Both Basic and Broad - CORRECT ANSWER ✔✔ -D. Both Basic and Broad
A ______ health policy affords the greatest degree of continued protection to an insured.
A. Guaranteed renewable
B. Non-cancellable
C. Optionally renewable
D. Conditionally renewable - CORRECT ANSWER ✔✔ -B. Non-cancellable
A building valued at $100,000 was insured for $80,000 with a policy containing 80%
Coinsurance clause. Disregarding any deductibles, what would the company pay on a
$20,000 loss?
,A. $7,500
B. $5,000
C. $15,000
D. $20,000 - CORRECT ANSWER ✔✔ -D. $20,000
A car, traveling at high speed, skids at a turn and rolls over. The damage incurred would be
covered under which of the following personal auto coverages?
A. Collision
B. Comprehensive
C. Uninsured motorist
D. P.D. liability - CORRECT ANSWER ✔✔ -A. Collision
A church has hired a painting contractor to stain and varnish the woodwork in the building.
He leaves the rags and brushes used to apply the painting materials in a small storage area.
This is an example of:
A. A peril
B. A hazard
C. Assumption of risk
D. Direct loss - CORRECT ANSWER ✔✔ -B. A hazard
A company adjuster primarily represents the interests of:
, A. The insured.
B. The claimant.
C. The insurer.
D. The public. - CORRECT ANSWER ✔✔ -C. The insurer.
A condominium owner-occupant would be in the market for a:
A. HO-2.
B. HO-3.
C. HO-4.
D. HO-6. - CORRECT ANSWER ✔✔ -D. HO-6.
A contractor has borrowed funds from a bank in order to finance a construction project.
A Surety bond which guarantees the lender that the contractor will use the borrowed funds
to finish the contract free and clear of liens is known as:
A. A Performance bond
B. Bid bond.
C. Completion bond
D. Labor and materials bond - CORRECT ANSWER ✔✔ -C. Completion bond
A deductible that is commonly used in aircraft physical damage insurance is usually:
A. A percentage of the value
their solutions Guaranteed pass 100%
_______ limit an insurer's liability.
A. Provisions
B. Reinstatements
C. Exclusions
D. None of the above - CORRECT ANSWER ✔✔ -C. Exclusions
:All of the following events are considered acts of terrorism, except:
A. Acts of riot and civil commotion
B. Acts considered dangerous to human life, property or infrastructure.
C. Acts resulting in damage within or outside the United States.
D. Acts committed at the premises of any United States mission. - CORRECT ANSWER ✔✔ -
A. Acts of riot and civil commotion
2. Damage to a windshield by a bird would be covered under:
A. Collision
B. Comprehensive
C. Liability
D. All of the above. - CORRECT ANSWER ✔✔ -B. Comprehensive
2. In Ocean Marine Insurance, the term "average" means:
,A. The ACV of the ship
B. The annual premium for the insurance policy
C. Loss or damage
D. That coverage is written on a named peril basis - CORRECT ANSWER ✔✔ -C. Loss or
damage
4. Volcanic action is covered under which of the following Cause of Loss forms?
A. None
B. Basic
C. Broad only
D. Both Basic and Broad - CORRECT ANSWER ✔✔ -D. Both Basic and Broad
A ______ health policy affords the greatest degree of continued protection to an insured.
A. Guaranteed renewable
B. Non-cancellable
C. Optionally renewable
D. Conditionally renewable - CORRECT ANSWER ✔✔ -B. Non-cancellable
A building valued at $100,000 was insured for $80,000 with a policy containing 80%
Coinsurance clause. Disregarding any deductibles, what would the company pay on a
$20,000 loss?
,A. $7,500
B. $5,000
C. $15,000
D. $20,000 - CORRECT ANSWER ✔✔ -D. $20,000
A car, traveling at high speed, skids at a turn and rolls over. The damage incurred would be
covered under which of the following personal auto coverages?
A. Collision
B. Comprehensive
C. Uninsured motorist
D. P.D. liability - CORRECT ANSWER ✔✔ -A. Collision
A church has hired a painting contractor to stain and varnish the woodwork in the building.
He leaves the rags and brushes used to apply the painting materials in a small storage area.
This is an example of:
A. A peril
B. A hazard
C. Assumption of risk
D. Direct loss - CORRECT ANSWER ✔✔ -B. A hazard
A company adjuster primarily represents the interests of:
, A. The insured.
B. The claimant.
C. The insurer.
D. The public. - CORRECT ANSWER ✔✔ -C. The insurer.
A condominium owner-occupant would be in the market for a:
A. HO-2.
B. HO-3.
C. HO-4.
D. HO-6. - CORRECT ANSWER ✔✔ -D. HO-6.
A contractor has borrowed funds from a bank in order to finance a construction project.
A Surety bond which guarantees the lender that the contractor will use the borrowed funds
to finish the contract free and clear of liens is known as:
A. A Performance bond
B. Bid bond.
C. Completion bond
D. Labor and materials bond - CORRECT ANSWER ✔✔ -C. Completion bond
A deductible that is commonly used in aircraft physical damage insurance is usually:
A. A percentage of the value
