FLORIDA CLAIMS ADJUSTER LATEST EXAM 2025
FLORIDA CLAIMS ADJUSTER 270+ REAL EXAM
QUESTIONS AND CORRECT ANSWERS|AGRADE
LATEST EXAM 2024-2025/6
The Business Automobile Policy includes all of the following coverage forms except:
A. The Garage Coverage Form
B. The Trailer Interchange Coverage Form
C. The Truckers Coverage Form
D. The Business Auto Coverage Form - ANSWER- B. The Trailer Interchange Coverage Form
Personal Injury Protection, or PIP, has a per person, per accident limit. A. 10,000
B. 20,000
C. 1,000
D. Depends on the damaged property - ANSWER- A. 10,000
Used to insure businesses engaged in selling, servicing, repairing, parking or storing automobiles:
A. Servicing Coverage Form
B. Garage Coverage Form
C. Truckers Coverage Form
D. None of the Above - ANSWER- B. Garage Coverage Form
The following examples are referred to as liability limits: 25/50/25 or 10/20/10.
A. Split
B. Single
C. Straight
D. None of the Above - ANSWER- A. Split
10/20/10 =
10,000 per person injured
20,000 all injuries combined
10,000 property damage
Example of straight liability limit = $30,000
Jeremy has a not at fault accident. If he has PIP with a $1,000 deductible, how much can he
expect his PIP coverage to pay toward his medical bills that total $3,000?
A. $1,600
B. $1,000
C. $2,400
D. $3,000 - ANSWER- A. $1,600
3000 (bills) - 1000 (deductible) =
pg. 1
, lOMoAR cPSD| 22896205
2000 x .80 (eighty percent)
Frank has a not-at-fault accident, he has basic PIP, no deductible and Med pay of $5,000. How
much will his Med Pay contribute to medical bills of $15,000?
A. $15,000
B. $5,000
C. $3,000
D. $0, Frank is not-at-fault - ANSWER- B. $5,000
Medical Payment limits apply per person; Frank will receive full amount towards medical bills.
Which of the following is not one of the rating factors for a Homeowner's Policy?
A. Type of Construction
B. Location of Risk
C. Age & Gender of Insured
D. Proximity to Fire Department - ANSWER- C. Age & Gender of Insured
On a Homeowner's Policy, covers items that are not permanently
attached to the dwelling. This is defined as:
A. Other StructuresB. Excess Structures
C. Personal Property
D. Dwelling - ANSWER- A. Other Structures
Examples include sheds, fences, pool houses, detached car ports, etc.
A lender has an insurable interest in a home and finds protection in the:
A. Loss Payee Clause
B. Mortgagee Clause
C. Lender Clause
D. Additional Insured Clause - ANSWER- B. Mortgagee Clause
Mortgagee - Homeowner's policy Loss Payee -
Automobile policy
Which of the following forms is "all-risk" on the dwelling policy?
A. DP-1, or the Basic Form
B. DP-2, or the Broad
C. DP-3, or the Special Form
D. None of the Above - ANSWER- C. DP-3, or the Special Form
When the basic liability limits provided by the policy are insufficient for
an insureds needs, two coverage forms are used to provide the additional
amounts of coverage:
FLORIDA CLAIMS ADJUSTER LATEST EXAM 2025 |
, FLORIDA CLAIMS ADJUSTER LATEST EXAM 2025
A. Excess Liability
B. Umbrella
C. Both A & B
D. None of the Above - ANSWER- C. Both A & B
Which of the following is not covered under Coverage C, Personal Property?
A. A fire breaks out in the residence and an overnight guest loses his clothes in the fire
B. A fish dies because he has been left alone for a week without food
C. The insureds daughters tennis racket is stolen from her locker
D. The insureds suitcase and clothing, valued at $1,500, are stolen from
his hotel - ANSWER- B. A fish dies because he has been left alone for a
week without food
Animals are listed as an "exclusion" under a Homeowner's policy .
All of the following are eligible for a Homeowner's Policy, except?
A. An apartment tenant
B. A condominium owner
C. Four-family dwelling owner-occupant
D. A business condo owned by a local insurance company - ANSWER- D. A business condo
owned by a local insurance company Commercial property is not eligible for a Homeowner's
policy.
Which of the following are characteristics of Homeowner's Insurance?
A. Protects against economic loss to residences and household property and legal liabilities
B. Owner-occupants of 1-4 family dwellings
C. Renters who maintain residential occupancy in any type of building
D. All of the Above - ANSWER- D. All of the Above Also included: personal, non-business
risk, no more than 2 roomers/boarders, condominium unit owners and cooperative apartment
occupants
The following are basic characteristics of a property or liability insurance contract,
except: A. Personal Contract
B. Conditional Contract
C. Loss of Settlement Contract
D. Contract of Adhesion - ANSWER- Loss of Settlement Contract
pg. 3
, lOMoAR cPSD| 22896205
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?
A. Conditional Contract
B. Adhesion Contract
C. Indemnity Contract
D. All of the Above - ANSWER- Conditional Contract
"may be conditioned"
If financial responsibility doesn't exist at the time of an accident, which
of the following things must happen to avoid penalties?
A. The legally valid claims of others must be satisfied (up to 10/20/10) B. The owner and
operator must provide certification of future responsibility for future accidents
FLORIDA CLAIMS ADJUSTER LATEST EXAM 2025 |
FLORIDA CLAIMS ADJUSTER 270+ REAL EXAM
QUESTIONS AND CORRECT ANSWERS|AGRADE
LATEST EXAM 2024-2025/6
The Business Automobile Policy includes all of the following coverage forms except:
A. The Garage Coverage Form
B. The Trailer Interchange Coverage Form
C. The Truckers Coverage Form
D. The Business Auto Coverage Form - ANSWER- B. The Trailer Interchange Coverage Form
Personal Injury Protection, or PIP, has a per person, per accident limit. A. 10,000
B. 20,000
C. 1,000
D. Depends on the damaged property - ANSWER- A. 10,000
Used to insure businesses engaged in selling, servicing, repairing, parking or storing automobiles:
A. Servicing Coverage Form
B. Garage Coverage Form
C. Truckers Coverage Form
D. None of the Above - ANSWER- B. Garage Coverage Form
The following examples are referred to as liability limits: 25/50/25 or 10/20/10.
A. Split
B. Single
C. Straight
D. None of the Above - ANSWER- A. Split
10/20/10 =
10,000 per person injured
20,000 all injuries combined
10,000 property damage
Example of straight liability limit = $30,000
Jeremy has a not at fault accident. If he has PIP with a $1,000 deductible, how much can he
expect his PIP coverage to pay toward his medical bills that total $3,000?
A. $1,600
B. $1,000
C. $2,400
D. $3,000 - ANSWER- A. $1,600
3000 (bills) - 1000 (deductible) =
pg. 1
, lOMoAR cPSD| 22896205
2000 x .80 (eighty percent)
Frank has a not-at-fault accident, he has basic PIP, no deductible and Med pay of $5,000. How
much will his Med Pay contribute to medical bills of $15,000?
A. $15,000
B. $5,000
C. $3,000
D. $0, Frank is not-at-fault - ANSWER- B. $5,000
Medical Payment limits apply per person; Frank will receive full amount towards medical bills.
Which of the following is not one of the rating factors for a Homeowner's Policy?
A. Type of Construction
B. Location of Risk
C. Age & Gender of Insured
D. Proximity to Fire Department - ANSWER- C. Age & Gender of Insured
On a Homeowner's Policy, covers items that are not permanently
attached to the dwelling. This is defined as:
A. Other StructuresB. Excess Structures
C. Personal Property
D. Dwelling - ANSWER- A. Other Structures
Examples include sheds, fences, pool houses, detached car ports, etc.
A lender has an insurable interest in a home and finds protection in the:
A. Loss Payee Clause
B. Mortgagee Clause
C. Lender Clause
D. Additional Insured Clause - ANSWER- B. Mortgagee Clause
Mortgagee - Homeowner's policy Loss Payee -
Automobile policy
Which of the following forms is "all-risk" on the dwelling policy?
A. DP-1, or the Basic Form
B. DP-2, or the Broad
C. DP-3, or the Special Form
D. None of the Above - ANSWER- C. DP-3, or the Special Form
When the basic liability limits provided by the policy are insufficient for
an insureds needs, two coverage forms are used to provide the additional
amounts of coverage:
FLORIDA CLAIMS ADJUSTER LATEST EXAM 2025 |
, FLORIDA CLAIMS ADJUSTER LATEST EXAM 2025
A. Excess Liability
B. Umbrella
C. Both A & B
D. None of the Above - ANSWER- C. Both A & B
Which of the following is not covered under Coverage C, Personal Property?
A. A fire breaks out in the residence and an overnight guest loses his clothes in the fire
B. A fish dies because he has been left alone for a week without food
C. The insureds daughters tennis racket is stolen from her locker
D. The insureds suitcase and clothing, valued at $1,500, are stolen from
his hotel - ANSWER- B. A fish dies because he has been left alone for a
week without food
Animals are listed as an "exclusion" under a Homeowner's policy .
All of the following are eligible for a Homeowner's Policy, except?
A. An apartment tenant
B. A condominium owner
C. Four-family dwelling owner-occupant
D. A business condo owned by a local insurance company - ANSWER- D. A business condo
owned by a local insurance company Commercial property is not eligible for a Homeowner's
policy.
Which of the following are characteristics of Homeowner's Insurance?
A. Protects against economic loss to residences and household property and legal liabilities
B. Owner-occupants of 1-4 family dwellings
C. Renters who maintain residential occupancy in any type of building
D. All of the Above - ANSWER- D. All of the Above Also included: personal, non-business
risk, no more than 2 roomers/boarders, condominium unit owners and cooperative apartment
occupants
The following are basic characteristics of a property or liability insurance contract,
except: A. Personal Contract
B. Conditional Contract
C. Loss of Settlement Contract
D. Contract of Adhesion - ANSWER- Loss of Settlement Contract
pg. 3
, lOMoAR cPSD| 22896205
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?
A. Conditional Contract
B. Adhesion Contract
C. Indemnity Contract
D. All of the Above - ANSWER- Conditional Contract
"may be conditioned"
If financial responsibility doesn't exist at the time of an accident, which
of the following things must happen to avoid penalties?
A. The legally valid claims of others must be satisfied (up to 10/20/10) B. The owner and
operator must provide certification of future responsibility for future accidents
FLORIDA CLAIMS ADJUSTER LATEST EXAM 2025 |
