Pennsylvania Public Adjuster
Examination--Series 16-19 Set 2 Questions
with Verified Answers 2025/2026 A+
Graded.
The program triggered in 2016 under the Terrorism Risk Insurance Act covered property and
casualty losses that exceeded ______ in the aggregate. In 2017, the program will cover losses
that exceed _____ in the aggregate.
A. $120 million,/ $140 million
B. $100 million / $120 million
C. $140 million / $160 million
D. $90 million / $100 million - ANS-A. The Act covers losses from a certified terrorism act that
exceed $120,000,000 (the trigger) in the aggregate for 2016. The Act has was further amended
and extended. The trigger remains the same, but will increase each year by $20 million starting
in 2016. Please refer to your testing vendor outline to determine if it is testing on the previous
amendment or if it is testing on the 2015 extension of the Act.
Aircraft hull insurance will provide coverage for which of the following?
A. Damage to or loss of the aircraft hull, fuselage, and personal injury caused.
B. Damage to or loss of the aircraft hull or fuselage.
C. Damage to or loss of the aircraft hull, fuselage, and medical payments.
D. Damage to or loss of the aircraft hull, fuselage, and property damage to others. - ANS-B.
Aircraft hull insurance indemnifies the policyholder for damage to or loss of the aircraft hull or
fuselage. These policies are similar to auto policies in terms of coverage's offered.
Coverage E under the farm forms covers which of the following?
A. Unscheduled personal property
B. Scheduled personal property
C. Scheduled real property coverage
D. Blanket real property coverage - ANS-B. Coverage E covers scheduled farm personal
property. Each item to be covered is listed and an amount of insurance is stated.
All licensees are required to notify the insurance department of any change in address within
____ of such change.
A. 10 days
B. 45 days
, C. 30 days
D. 6 months - ANS-C. The licensee must advise the insurance department within 30 days of the
change.
The limit under the ISO Standardized Homeowners policy, the additional coverage for "credit
card, electronic fund transfer card or access device, forgery and counterfeit money" is:
A. $250
B. $500
C. $1,000
D. $1,500 - ANS-B. The standardized ISO Homeowners policies provide $500 of additional
coverage for "credit card, electronic fund transfer card or access device, forgery and counterfeit
money". Some states' statutory forms may increase this coverage, but you are required to know
the limits of coverage for both standardized and statutory forms for your state licensing exam.
Which section of the Commercial Package Policy varies based on the lines of coverage
included?
A. Coverage Part.
B. Common Policy Conditions.
C. Common Policy Declarations.
D. None of the responses listed are correct. - ANS-A. Each line of insurance that is eligible for
the Commercial Package Policy has its own coverage part consisting of a variety of mandatory
and optional forms that are used to provide the coverage desired.
The liberalization clause of a Businessowners policy automatically applies favorable expansions
of coverage, for which a premium is not charged if the changes are made during the policy
period or within ______ prior to the effective date of the policy.
A. 45 days
B. Six months
C. Three months
D. 30 days - ANS-A. A liberalization condition states that the insurer will automatically and
immediately apply to the policy any revisions made during the policy period or within 45 days
prior to the effective or renewal date if those revisions broaden the coverage without additional
premium.
Which of the following terms means "through another person?"
A. Strict
B. Vicarious
C. Indemnity
D. Subrogation - ANS-B. Vicarious means "through or in place of another person." There are
times when a person may be held responsible for the negligent acts of another person. This is
known as vicarious liability.
Before transacting business in Pennsylvania, a public adjuster is required to execute a bond for
the minimum sum of ____________.
Examination--Series 16-19 Set 2 Questions
with Verified Answers 2025/2026 A+
Graded.
The program triggered in 2016 under the Terrorism Risk Insurance Act covered property and
casualty losses that exceeded ______ in the aggregate. In 2017, the program will cover losses
that exceed _____ in the aggregate.
A. $120 million,/ $140 million
B. $100 million / $120 million
C. $140 million / $160 million
D. $90 million / $100 million - ANS-A. The Act covers losses from a certified terrorism act that
exceed $120,000,000 (the trigger) in the aggregate for 2016. The Act has was further amended
and extended. The trigger remains the same, but will increase each year by $20 million starting
in 2016. Please refer to your testing vendor outline to determine if it is testing on the previous
amendment or if it is testing on the 2015 extension of the Act.
Aircraft hull insurance will provide coverage for which of the following?
A. Damage to or loss of the aircraft hull, fuselage, and personal injury caused.
B. Damage to or loss of the aircraft hull or fuselage.
C. Damage to or loss of the aircraft hull, fuselage, and medical payments.
D. Damage to or loss of the aircraft hull, fuselage, and property damage to others. - ANS-B.
Aircraft hull insurance indemnifies the policyholder for damage to or loss of the aircraft hull or
fuselage. These policies are similar to auto policies in terms of coverage's offered.
Coverage E under the farm forms covers which of the following?
A. Unscheduled personal property
B. Scheduled personal property
C. Scheduled real property coverage
D. Blanket real property coverage - ANS-B. Coverage E covers scheduled farm personal
property. Each item to be covered is listed and an amount of insurance is stated.
All licensees are required to notify the insurance department of any change in address within
____ of such change.
A. 10 days
B. 45 days
, C. 30 days
D. 6 months - ANS-C. The licensee must advise the insurance department within 30 days of the
change.
The limit under the ISO Standardized Homeowners policy, the additional coverage for "credit
card, electronic fund transfer card or access device, forgery and counterfeit money" is:
A. $250
B. $500
C. $1,000
D. $1,500 - ANS-B. The standardized ISO Homeowners policies provide $500 of additional
coverage for "credit card, electronic fund transfer card or access device, forgery and counterfeit
money". Some states' statutory forms may increase this coverage, but you are required to know
the limits of coverage for both standardized and statutory forms for your state licensing exam.
Which section of the Commercial Package Policy varies based on the lines of coverage
included?
A. Coverage Part.
B. Common Policy Conditions.
C. Common Policy Declarations.
D. None of the responses listed are correct. - ANS-A. Each line of insurance that is eligible for
the Commercial Package Policy has its own coverage part consisting of a variety of mandatory
and optional forms that are used to provide the coverage desired.
The liberalization clause of a Businessowners policy automatically applies favorable expansions
of coverage, for which a premium is not charged if the changes are made during the policy
period or within ______ prior to the effective date of the policy.
A. 45 days
B. Six months
C. Three months
D. 30 days - ANS-A. A liberalization condition states that the insurer will automatically and
immediately apply to the policy any revisions made during the policy period or within 45 days
prior to the effective or renewal date if those revisions broaden the coverage without additional
premium.
Which of the following terms means "through another person?"
A. Strict
B. Vicarious
C. Indemnity
D. Subrogation - ANS-B. Vicarious means "through or in place of another person." There are
times when a person may be held responsible for the negligent acts of another person. This is
known as vicarious liability.
Before transacting business in Pennsylvania, a public adjuster is required to execute a bond for
the minimum sum of ____________.
