Property and Casualty Adjuster Exam
Questions with complete Solutions
2025/2026.
Staff Adjusters - ANS-are on the payroll of an insurance company
Independent adjusters - ANS-Usually handle claims for more than one company and receive a
fee based on time and expense.
Contractors - ANS-May work for a company that furnishes adjusters for the handling of
catastrophic losses. They are paid in the same manner as independent adjusters.
Public Adjusters - ANS-Work on behalf of the insured in negotiating a claim settlement.Work for
the Insured
Temporary/Emergency licenses - ANS-Department allows temporary licenses for the purposes
of training and in cases of emergencies.
Adjuster -- Workers' compensation -- - ANS-this license allows a person to adjust and/or
supervise all workers' compensation, employers liability, United States Longshore and Harbor
Workers' Compensation Act, Jones Act, and all other federal acts.
Adjuster -- Property and Casualty -- - ANS-This license allows a perons to adjust and
or/supervise claims in all areas of property and casualty insurance except workers'
compensation
Adjuster -- All Lines -- - ANS-This license allows a person to adjust and/or supervise claims in
all lines of insurance included in workers' compensation and property and casualty
Domestic - ANS-an insurer organized, admitted, and writing insurance in Texas (USAA)
Example Gainsco, Fred Loya Insurance
Foreign - ANS-An insurer domiciled outside the state where it writes insurance (State Farm)
Example: Amica, Travelers, Progressive, Nationwide.
, Alien - ANS-An insurance company organized and domiciled outside the United States.(Tokyo
Fire and Marine). Example: Zurich
An insured can endorse liab on a dwelling under what circumstance? - ANS-Owners
Occupancy
Which dwelling property form requires that the dwelling be owner occupied? - ANS-DP3
Special
Open perils for A,B,C,D+E broad perils for Cov C
What is a warranty?Why is it Important? - ANS--a written condition in the policy that must be
true at time of loss
- a breach will suspend covg. resulting in a claim denial
Define Advertising Injury - ANS-Copyright infringement, false statement about the competitor in
advertisements
What is pro-rata liability? How are claims paid? - ANS--Shared coverage between insurance
carriers
- paid proportionately, equal or primary excess
What is the maximum an insured can collect from HO per tree for a covered loss? - ANS--$ 500
-$250 commercial
What covers. are included in Standard Fire Policy(SFP)? - ANS-Fire, lightning, explosion +
removal
Named insured where at on policy? - ANS-Dec Page
Subrogation - ANS--anytime an insurance company pays money on behalf of insured that they
do not owe
-they want it back, have a right to collect
How old does an adjuster have to be to obtain a license? - ANS-18 years old
Who has right of Salvage? - ANS-Insurer
Which HO policy has covg. fore theft? - ANS-All of them
Is the dirt/land under the dwelling covered on a dwelling policy? - ANS-NO
How many hours of ethics must you complete for continuing education? - ANS-2hours of ethics
RIsk? - ANS-Uncertainty of loss
Questions with complete Solutions
2025/2026.
Staff Adjusters - ANS-are on the payroll of an insurance company
Independent adjusters - ANS-Usually handle claims for more than one company and receive a
fee based on time and expense.
Contractors - ANS-May work for a company that furnishes adjusters for the handling of
catastrophic losses. They are paid in the same manner as independent adjusters.
Public Adjusters - ANS-Work on behalf of the insured in negotiating a claim settlement.Work for
the Insured
Temporary/Emergency licenses - ANS-Department allows temporary licenses for the purposes
of training and in cases of emergencies.
Adjuster -- Workers' compensation -- - ANS-this license allows a person to adjust and/or
supervise all workers' compensation, employers liability, United States Longshore and Harbor
Workers' Compensation Act, Jones Act, and all other federal acts.
Adjuster -- Property and Casualty -- - ANS-This license allows a perons to adjust and
or/supervise claims in all areas of property and casualty insurance except workers'
compensation
Adjuster -- All Lines -- - ANS-This license allows a person to adjust and/or supervise claims in
all lines of insurance included in workers' compensation and property and casualty
Domestic - ANS-an insurer organized, admitted, and writing insurance in Texas (USAA)
Example Gainsco, Fred Loya Insurance
Foreign - ANS-An insurer domiciled outside the state where it writes insurance (State Farm)
Example: Amica, Travelers, Progressive, Nationwide.
, Alien - ANS-An insurance company organized and domiciled outside the United States.(Tokyo
Fire and Marine). Example: Zurich
An insured can endorse liab on a dwelling under what circumstance? - ANS-Owners
Occupancy
Which dwelling property form requires that the dwelling be owner occupied? - ANS-DP3
Special
Open perils for A,B,C,D+E broad perils for Cov C
What is a warranty?Why is it Important? - ANS--a written condition in the policy that must be
true at time of loss
- a breach will suspend covg. resulting in a claim denial
Define Advertising Injury - ANS-Copyright infringement, false statement about the competitor in
advertisements
What is pro-rata liability? How are claims paid? - ANS--Shared coverage between insurance
carriers
- paid proportionately, equal or primary excess
What is the maximum an insured can collect from HO per tree for a covered loss? - ANS--$ 500
-$250 commercial
What covers. are included in Standard Fire Policy(SFP)? - ANS-Fire, lightning, explosion +
removal
Named insured where at on policy? - ANS-Dec Page
Subrogation - ANS--anytime an insurance company pays money on behalf of insured that they
do not owe
-they want it back, have a right to collect
How old does an adjuster have to be to obtain a license? - ANS-18 years old
Who has right of Salvage? - ANS-Insurer
Which HO policy has covg. fore theft? - ANS-All of them
Is the dirt/land under the dwelling covered on a dwelling policy? - ANS-NO
How many hours of ethics must you complete for continuing education? - ANS-2hours of ethics
RIsk? - ANS-Uncertainty of loss
