ILLINIOS PUBLIC ADJUSTER 2025
EXAM
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
A homeowner must replace or repair property in order to receive replacement cost
settlement. However, the Insurer will pay replacement cost in a covered loss to
buildings or other structures prior to repair or replacement if the loss is less than
$2500 and.. - ANSWERS-The loss is also less than 5% of the limit on the building
QUESTION 2
How many days does an insured have to complete a signed, sworn proof of loss? -
ANSWERS-60 days after the Insurer request it
QUESTION 3
Insured had a limit of $150,000 on the dwelling and $75,000 on personal property
with $1000 deductible in a scheduled jewelry limit of $4500 with a separate $500
deductible. A theft occurred and the insurance proof of law stated that $7000 of
jewelry was stolen how much will the insured receive? - ANSWERS-$4500
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,ILLINIOS PUBLIC ADJUSTER 2025
EXAM
QUESTION 4
Which of the following home owners forms does not cover buildings -
ANSWERS-HO-4 ex. Covers pets
QUESTION 5
HO-3 policy provides replacement cost protection for which property below?
A. Personal property
B. Animals and birds
C. Dwellings and other structures
D. All of Above - ANSWERS-All of the above
QUESTION 6
Under a farm owners policy, which would be the most appropriate coverage for a
farm tractor? - ANSWERS-Coverage E
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, ILLINIOS PUBLIC ADJUSTER 2025
EXAM
QUESTION 7
What kind of losses can a commercial property insurance cover? - ANSWERS-
Direct and indirect losses
QUESTION 8
Commercial property policy with basic causes of laws which exclude which of the
following acts of vandalism?
A. An antenna on top of the building
B. chemicals through onto a buildings roof
C. Spray painting on a building walls
D. All of Above - ANSWERS-D. All of above
QUESTION 9
An insured commercial building is vandalized, which of the following damage
would be covered? - ANSWERS-An antenna on top of the building
END OF
PAGE 3
EXAM
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
A homeowner must replace or repair property in order to receive replacement cost
settlement. However, the Insurer will pay replacement cost in a covered loss to
buildings or other structures prior to repair or replacement if the loss is less than
$2500 and.. - ANSWERS-The loss is also less than 5% of the limit on the building
QUESTION 2
How many days does an insured have to complete a signed, sworn proof of loss? -
ANSWERS-60 days after the Insurer request it
QUESTION 3
Insured had a limit of $150,000 on the dwelling and $75,000 on personal property
with $1000 deductible in a scheduled jewelry limit of $4500 with a separate $500
deductible. A theft occurred and the insurance proof of law stated that $7000 of
jewelry was stolen how much will the insured receive? - ANSWERS-$4500
END OF
PAGE 1
,ILLINIOS PUBLIC ADJUSTER 2025
EXAM
QUESTION 4
Which of the following home owners forms does not cover buildings -
ANSWERS-HO-4 ex. Covers pets
QUESTION 5
HO-3 policy provides replacement cost protection for which property below?
A. Personal property
B. Animals and birds
C. Dwellings and other structures
D. All of Above - ANSWERS-All of the above
QUESTION 6
Under a farm owners policy, which would be the most appropriate coverage for a
farm tractor? - ANSWERS-Coverage E
END OF
PAGE 2
, ILLINIOS PUBLIC ADJUSTER 2025
EXAM
QUESTION 7
What kind of losses can a commercial property insurance cover? - ANSWERS-
Direct and indirect losses
QUESTION 8
Commercial property policy with basic causes of laws which exclude which of the
following acts of vandalism?
A. An antenna on top of the building
B. chemicals through onto a buildings roof
C. Spray painting on a building walls
D. All of Above - ANSWERS-D. All of above
QUESTION 9
An insured commercial building is vandalized, which of the following damage
would be covered? - ANSWERS-An antenna on top of the building
END OF
PAGE 3
