Florida Adjuster Licensing Practice
Exam Questions and Answers 100%
Solved
A claim in the property/casualty industry Is defined as: - ✔✔an assertion of an
alleged legal right against a person, entity, company or insurer that carries with
it a demand for money as compensation for injuries or damages
when you purchase insurance, you are buying: - ✔✔peace of mind that if an
insured event does occur, that the insurance company will keep its promise and
provide the financial protection that you purchased
in today's society, the most important factor in the purchase of insurance is: -
✔✔trust
One of the most important claim handling goals of an insurance company is: -
✔✔to help those who have been injured or who have suffered loss for which
the insured is responsible, while at the same time minimizing loss for the
insured party and carrier
what is the primary difference between a company employee adjuster and an
independent adjuster - ✔✔a company employee adjuster works for an
1|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
, insurance company and an independent adjuster works independently for
themselves or for adjusting firms who represent many clients
an adjuster's responsibility as a fiduciary means: - ✔✔the adjuster represents,
and controls, the property and financial interests of the client to whom he/she
owes a high degree of loyalty and good faith
the basic and primary functions of an adjuster are: - ✔✔investigating,
evaluating, reporting, negotiating and disposing of claims
once an adjuster is licensed, he or she must maintain a continuing education
requirement. What is that adjuster's compliance requirement in order to retain
a license? - ✔✔an adjuster must complete 24 hours of continuing education in
every 2 year compliance period, of which 5 hours must be taken in a properly
certified 5 hour law and ethics update course
the adjuster's code of ethics starts with a basic premise which states: - ✔✔the
work of adjusting engages the public trust
Which of the following would NOT be a preferred claims practice or behavior
under FL Unfair Insurance Trade Practices Act? - ✔✔Not responding to an
insured calls because you haven't made up your mind
2|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
Exam Questions and Answers 100%
Solved
A claim in the property/casualty industry Is defined as: - ✔✔an assertion of an
alleged legal right against a person, entity, company or insurer that carries with
it a demand for money as compensation for injuries or damages
when you purchase insurance, you are buying: - ✔✔peace of mind that if an
insured event does occur, that the insurance company will keep its promise and
provide the financial protection that you purchased
in today's society, the most important factor in the purchase of insurance is: -
✔✔trust
One of the most important claim handling goals of an insurance company is: -
✔✔to help those who have been injured or who have suffered loss for which
the insured is responsible, while at the same time minimizing loss for the
insured party and carrier
what is the primary difference between a company employee adjuster and an
independent adjuster - ✔✔a company employee adjuster works for an
1|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
, insurance company and an independent adjuster works independently for
themselves or for adjusting firms who represent many clients
an adjuster's responsibility as a fiduciary means: - ✔✔the adjuster represents,
and controls, the property and financial interests of the client to whom he/she
owes a high degree of loyalty and good faith
the basic and primary functions of an adjuster are: - ✔✔investigating,
evaluating, reporting, negotiating and disposing of claims
once an adjuster is licensed, he or she must maintain a continuing education
requirement. What is that adjuster's compliance requirement in order to retain
a license? - ✔✔an adjuster must complete 24 hours of continuing education in
every 2 year compliance period, of which 5 hours must be taken in a properly
certified 5 hour law and ethics update course
the adjuster's code of ethics starts with a basic premise which states: - ✔✔the
work of adjusting engages the public trust
Which of the following would NOT be a preferred claims practice or behavior
under FL Unfair Insurance Trade Practices Act? - ✔✔Not responding to an
insured calls because you haven't made up your mind
2|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
