Florida Claims Adjuster Exam Questions 100% Verified Correct Answers 2024/2025

Florida Claims Adjuster Exam Questions 100% Verified Correct Answers 2024/2025 Insurance applies separately to each insured as if other insureds did not exist. - Correct Answer Severability Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property on the insurer and demand its full value.* - Correct Answer Abandonment One wherein economic loss would be suffered from an adverse happening to the subject. - Correct Answer Insurable Interest States that if the insurer adopts a revision which would broaden coverage without additional premium within some period of time prior to the policy period or during the policy period, the insured receives the benefit of such broadened coverage.. - Correct Answer Liberalization States that when there is an unbroken connection between an occurrence and damage that grows out of the occurrence, then the resultant damage is all a part of the occurrence. - Correct Answer Doctrine of Proximate Cause The Loss Settlement Valuation that subtracts an allowance for depreciation - Correct Answer Actual Cash Value A policy condition, either based on information in the insured's application or inserted by the insurer - Correct Answer Warranty The Insurer's responsibility to pay for a property loss may be conditioned on the insured having used reasonable means to avoid the loss, to protect the property against further loss, and to give the insurer proof of the loss is defined as? - Correct Answer Conditional Contract 36 Months/36,000 Miles Used vehicles: 12 Months/12,000 Miles - Correct Answer Under Mechanical Breakdown Coverage, *new cars are eligible for service up to:*