3-20 Public Adjuster Exam 1 questions with verified
answers
__________ is by and large when a property is without occupant or contents
(entirely and materially empty).
A) vacancy
B) immaterial occupancy
C) unoccupancy
D) incurably empty Ans✓✓✓ A:
Vacancy is by and large when a property is without occupant or contents (entirely
and materially empty).
"A detailed, logical explanation of coverage, damages, and liability delivered to
the claimant in a clear and thoughtful manner" when making a settlement offer.
What type of claims negotiator does this describe?
A self-interested negotiator
B) hard-headed and hard-nosed negotiator
C) fair and organized negotiator
D) incompetent and uninformed Ans✓✓✓ C:
It is the fair and organized negotiator that provides a detailed, logical explanation
of coverage, damages, and liability to the claimant in a clear and thoughtful
manner when making a settlement offer.
"THIS IS A SOLICITATION FOR BUSINESS. IF YOU HAVE HAD A CLAIM FOR AN
INSURED PROPERTY LOSS OR DAMAGE AND YOU ARE SATISFIED WITH THE
,PAYMENT BY YOUR INSURER, YOU MAY DISREGARD THIS ADVERTISEMENT." The
above statement is referred to as?
A) Public Adjuster Confession
B) Public Adjuster Warning
C) Public Adjuster Required Advertising Disclaimer
D) Public Adjuster Buyer Beware Disclaimer Ans✓✓✓ C:
"THIS IS A SOLICITATION FOR BUSINESS. IF YOU HAVE HAD A CLAIM FOR AN
INSURED PROPERTY LOSS OR DAMAGE AND YOU ARE SATISFIED WITH THE
PAYMENT BY YOUR INSURER, YOU MAY DISREGARD THIS ADVERTISEMENT." This
is of course the required advertising disclaimer for any public adjusting
advertisement.
A _______ is an assertion of a right demanding a remedy or relief either as a
matter of contract or law Ans✓✓✓ A claim is an assertion of a right demanding a
remedy or relief either as a matter of contract or law
A _______ is an assertion of a right demanding a remedy or relief either as a
matter of contract or law. Ans✓✓✓ A claim is an assertion of a right demanding a
remedy or relief either as a matter of contract or law.
A ________ Adjuster is any person who works on behalf of an insured in
negotiating the settlement of an insurance claim.
A) Company
B )Independent
C) Public
,D) Personal Ans✓✓✓ C:
A Public Adjuster is any person who works on behalf of an insured in negotiating
the settlement of an insurance claim.
A licensee must notify the department, in writing, within ____ days after a name,
address, or contact information change.
A) 10 days
B) 30 days
C) 90 days
D) 365 days Ans✓✓✓ B:
A licensee must notify the department, in writing, within 30 days after a name,
address, or contact information change.
A man steps off a curb into busy traffic while he was texting on his iPhone; he
stepped directly in front of a car which was forced to slam on their brakes.
Unfortunately the car skidded into a food truck which then ricocheted into the
food truck next to it. What was the proximate cause of all the damage?
A) car skidding into the first food truck
B) the food truck ricocheting into the second food truck
C) the man stepping into oncoming traffic
D) none of the above Ans✓✓✓ C:
The proximate cause in any event is the primary and effective cause that triggers
the event(s) resulting in injury or damages. In this case the negligence of the man
stepping into oncoming traffic when it was unsafe to do so was the sole event
, which triggered the unbroken chain of events leading to the damage to the car
and both food trucks.
A pipe has burst in your insured's home, damaging the dwelling and contents. The
insured has an HO-5; how will the policy cover this loss?
A) Flooding and water damage are excluded
B) This loss will be covered for damage to the Dwelling only
C) This loss will be covered on an open perils basis for the Dwelling and Personal
Property
D) The loss will be settled on an Actual Cash Value basis Ans✓✓✓ A:
The HO-5 is the most comprehensive of the Homeowners policy forms. The loss
will be covered on an open perils and replacement cost basis.
A public adjuster is required to provide to their client a ________ _______ of the
loss in the negotiation of claim settlement with the insurance company.
A) written estimate
B) best guesstimate
C) second opinion
D) professional opinion Ans✓✓✓ A:
A public adjuster is required to provide to their client a written estimate of the
loss in the negotiation of claim settlement with the insurance company.
A public adjuster may not enter into a contract that vests in the public adjuster
the effective authority to choose the repairer/re-builders to do any work in a
property insurance claim. Why Not?
answers
__________ is by and large when a property is without occupant or contents
(entirely and materially empty).
A) vacancy
B) immaterial occupancy
C) unoccupancy
D) incurably empty Ans✓✓✓ A:
Vacancy is by and large when a property is without occupant or contents (entirely
and materially empty).
"A detailed, logical explanation of coverage, damages, and liability delivered to
the claimant in a clear and thoughtful manner" when making a settlement offer.
What type of claims negotiator does this describe?
A self-interested negotiator
B) hard-headed and hard-nosed negotiator
C) fair and organized negotiator
D) incompetent and uninformed Ans✓✓✓ C:
It is the fair and organized negotiator that provides a detailed, logical explanation
of coverage, damages, and liability to the claimant in a clear and thoughtful
manner when making a settlement offer.
"THIS IS A SOLICITATION FOR BUSINESS. IF YOU HAVE HAD A CLAIM FOR AN
INSURED PROPERTY LOSS OR DAMAGE AND YOU ARE SATISFIED WITH THE
,PAYMENT BY YOUR INSURER, YOU MAY DISREGARD THIS ADVERTISEMENT." The
above statement is referred to as?
A) Public Adjuster Confession
B) Public Adjuster Warning
C) Public Adjuster Required Advertising Disclaimer
D) Public Adjuster Buyer Beware Disclaimer Ans✓✓✓ C:
"THIS IS A SOLICITATION FOR BUSINESS. IF YOU HAVE HAD A CLAIM FOR AN
INSURED PROPERTY LOSS OR DAMAGE AND YOU ARE SATISFIED WITH THE
PAYMENT BY YOUR INSURER, YOU MAY DISREGARD THIS ADVERTISEMENT." This
is of course the required advertising disclaimer for any public adjusting
advertisement.
A _______ is an assertion of a right demanding a remedy or relief either as a
matter of contract or law Ans✓✓✓ A claim is an assertion of a right demanding a
remedy or relief either as a matter of contract or law
A _______ is an assertion of a right demanding a remedy or relief either as a
matter of contract or law. Ans✓✓✓ A claim is an assertion of a right demanding a
remedy or relief either as a matter of contract or law.
A ________ Adjuster is any person who works on behalf of an insured in
negotiating the settlement of an insurance claim.
A) Company
B )Independent
C) Public
,D) Personal Ans✓✓✓ C:
A Public Adjuster is any person who works on behalf of an insured in negotiating
the settlement of an insurance claim.
A licensee must notify the department, in writing, within ____ days after a name,
address, or contact information change.
A) 10 days
B) 30 days
C) 90 days
D) 365 days Ans✓✓✓ B:
A licensee must notify the department, in writing, within 30 days after a name,
address, or contact information change.
A man steps off a curb into busy traffic while he was texting on his iPhone; he
stepped directly in front of a car which was forced to slam on their brakes.
Unfortunately the car skidded into a food truck which then ricocheted into the
food truck next to it. What was the proximate cause of all the damage?
A) car skidding into the first food truck
B) the food truck ricocheting into the second food truck
C) the man stepping into oncoming traffic
D) none of the above Ans✓✓✓ C:
The proximate cause in any event is the primary and effective cause that triggers
the event(s) resulting in injury or damages. In this case the negligence of the man
stepping into oncoming traffic when it was unsafe to do so was the sole event
, which triggered the unbroken chain of events leading to the damage to the car
and both food trucks.
A pipe has burst in your insured's home, damaging the dwelling and contents. The
insured has an HO-5; how will the policy cover this loss?
A) Flooding and water damage are excluded
B) This loss will be covered for damage to the Dwelling only
C) This loss will be covered on an open perils basis for the Dwelling and Personal
Property
D) The loss will be settled on an Actual Cash Value basis Ans✓✓✓ A:
The HO-5 is the most comprehensive of the Homeowners policy forms. The loss
will be covered on an open perils and replacement cost basis.
A public adjuster is required to provide to their client a ________ _______ of the
loss in the negotiation of claim settlement with the insurance company.
A) written estimate
B) best guesstimate
C) second opinion
D) professional opinion Ans✓✓✓ A:
A public adjuster is required to provide to their client a written estimate of the
loss in the negotiation of claim settlement with the insurance company.
A public adjuster may not enter into a contract that vests in the public adjuster
the effective authority to choose the repairer/re-builders to do any work in a
property insurance claim. Why Not?
