Adjuster exam Questions and Answers 100% Pass

Adjuster exam Questions and Answers 100% Pass A kickback involves: - Giving someone compensation in order to gain favorable treatment in an insurance transaction Frank owns a bakery in authentic French bread. he uses two specialty ovens for his daily production of French bread. if one of these giant ovens were to break down it would cost Franks bakery a lot of money to repair, not to mention the loss of revenue caused by lower production. On his equipment Breakdown Protection Form, each of Frank's ovens would be considered: - ? John works for ABC insurance. he is paid on a commission basis and needs to meet certain sales goals in order to draw a reasonable salary. To help in this endeavor, John regularly tells potential clients that XYZ insurance and integritas Insurance often fail to pay claims and that they charge unreasonably high premiums. In speaking falsely of his competition, John has indulged in which unethical practice? - ? Bonnie's PAP includes Comprehensive coverage. Which of the following losses could this coverage pay for? - Bonnie's car catches on fire 2Brittie Donald, All Rights Reserved © 2025 D'Anton spills coffee in his lap while driving, causing to veer off the road and smash into a telephone pole. Which part of his auto insurance policy will help him pay for the repairs to his car? - Collision Coverage The BOP provides loss of income on an "actual loss" sustained basis for up to: - 12 months Cindy, a drunk driver, accidentally crashes into Nancys house causing $22,000 in damage. On top of that, Nancy tries to get the adjuster to add an additional $20,000 for punitive damages to punish Cindy for driving while intoxicated. However, Nancy fails in her attempts at negotiation. This is because: - The adjuster does not have authority to negotiate for punitive damages Jennifer's PAP has a comprehensive deductible of $100. Jennifer lets her sister Tina borrow her car, and Tina hits a llama worth $500. The llama's owner files a claim for the loss of his llama. How will that claim be settled? - $500 paid under Jennifer's liability coverage Which of the following is NOT a rating factor for a personal auto liability policy? - the location of use Sam suffers $6,000 in injuries when Nicole runs a red light and crashes her uninsured car into Sam's. Sam's own insurance company, ABC insurance, immediately pays him $5,000 for his injuries. Sam then ponders whether to file a $6,000 lawsuit against Nicole. 3Brittie Donald, All Rights Reserved © 2025 Why cant sam sue Nicole for the full amount of his injuries? - By accepting payment from ABC Insurance, Sam subrogated a portion of his rights against Nicole to ABC Inusrance. When the dollar amount difference between an adjuster and a claimant is very large, the adjuster should: - move to dispute resolution A few weeks ago Christopher's garage was destroyed by an out of control motorist. Fortunately, the motorist has sufficient liability insurance to cover the damages. However, the insurer insists that Christopher's garage is worth far less than the appraisals he has received from contractors. Christopher and the insurer have gone back and forth in negotiations for weeks, making little headway. Christopher decides its time to: - issues a complaint against the policyholder Thomas Building is asked by the local youth center to build a gym f