NC CLAIMS ADJUSTER EXAM 2025 EXAM 2
VERSIONS (VERSION A AND B) QUESTIONS WITH
DETAILED VERIFIED ANSWERS ALREADY GRADED
A+||LATEST UPDATE
Liability Insurance PAP (Part A) -CORRECT ANSWER Pays all the sums and insured
must legally pay as damage due to BI/PD caused by an accident and resulting from the
ownership, maintenance or use of a covered auto.
Coverage Part A through F of a PAP -CORRECT ANSWER A. Liability
B. Medical Payments
C. UM/UIM
D. Physical Damage
E. Insured Duties
F. General Provisions
Certificate of Insurance (COI) -CORRECT ANSWER A document that proves the
existence of insurance coverage
Occurrence -CORRECT ANSWER Something that continue to happen and may
cause injury later on.
Accident -CORRECT ANSWER A sudden unforseen and unintended one time event
Assumption of risk -CORRECT ANSWER An individual who is aware of the potential
risk involved and chose to expose themselves to it.
Comparative negligence -CORRECT ANSWER Measures the amount of negligence
contributed to each party. The injured party will not cover damages equal to the
percentage of negligence they contribute.
Contributory Negligence -CORRECT ANSWER If an insured party contributed to their
injury in anyway due to their own negligence, we will not pay anything.
What state is a contributory state? -CORRECT ANSWER North Carolina
Negligence -CORRECT ANSWER Failure to do (or not do) what a reasonable
prudent person would or would not have done in a similar instance.
,Temporary Substitute Automobile -CORRECT ANSWER Not owned by the named
insured but used temporarily as a substitute for the owned auto that is not currently
being used.
What is an example of a Temporary substitute Automobile? -CORRECT ANSWER A
dealership loans an insured a vehicle to drive while their car is getting fixed.
Non Owned Automobile -CORRECT ANSWER Not owned by the named insured or
any relative.
What is an example of an Non Owned Automobile? -CORRECT ANSWER An insured
borrows a neighbors car.
If an additional vehicle is not reported to the insurer within 30 days: -CORRECT
ANSWER No coverage will apply to the added vehicle.
If a vehicle is added to an existing policy (In addition to): -CORRECT ANSWER It will
have the broadest coverage if insured within 30 days of becoming the owner.
If a replacement vehicle is not reported within 30 days: -CORRECT ANSWER Part D
(Comprehensive and Collision Coverage) will not apply to the replacement vehicle.
A new vehicle that replaces another vehicle will: -CORRECT ANSWER Have the
same coverages as the old vehicle if the named insured request to insure it within 30
days of becoming the owners.
Insured -CORRECT ANSWER Any blood relative by marriage, adoption, wards, foster
children, living in the same home, including children away at college. Also, any person
using someones car with their permission.
Named insured -CORRECT ANSWER Listed on the declarations page. Included a
spouse wether they are named in the policy or not, provided they live in the same home.
1st Coverage for watercraft or yacht are: -CORRECT ANSWER Hull insurance for
damage to the insured boat itself
2nd Coverage for watercraft or yacht are: -CORRECT ANSWER Protection and
indemnity liability coverage for BI and PD exposures for damage to other people or
other peoples boats.
What doesn't watercraft or yacht coverage provide? -CORRECT ANSWER Coverage
for boats used for hire, charger, or for transporting people for a fee.
, How many days removal coverage is provided on the National Flood Insurance
Program? -CORRECT ANSWER 45 days
Elevation certificates -CORRECT ANSWER Required on dwellings that are written in
the regular program in certain flood zones in order to properly rate the policy.
Flood insurance policies become effective after: -CORRECT ANSWER 30 days after
receipt of the coverage application and the premium payment.
The general property form on flood insurance is used to: -CORRECT ANSWER
Insure larger residential structures and non residential buildings.
The dwellings form on a flood insurance plan is: -CORRECT ANSWER Used to
ensure residential property of no more than 4 units and the contents
Flood insurance is available in 2 forms, what are they? -CORRECT ANSWER 1.
Dwelling
2. General property
The deductible for an emergency plan applies: -CORRECT ANSWER Separately to
the building loss and contents if purchased on a per occurrence basis.
How much is the deductible on an emergency plan? -CORRECT ANSWER $1,000
Deductibe
The community becomes eligible for a regular plan: -CORRECT ANSWER When a
community complied with flood control requirements and the extent of the flood plan has
been mapped.
What are the 1st definition included in a flood? -CORRECT ANSWER Overflow of
inland or tidal water
What is the 2nd definition included in a flood? -CORRECT ANSWER Unusual
accumulation and run off of surface waters
What is the 3rd definition included in a flood? -CORRECT ANSWER Mud flows or
mudslides in normally dry land areas
What is the 4th definition included in a flood? -CORRECT ANSWER Abnormal flood
related erosion of shorelines
What is a flood? -CORRECT ANSWER General and temporary conditions of partial or
complete inundation of normally dry land areas.
VERSIONS (VERSION A AND B) QUESTIONS WITH
DETAILED VERIFIED ANSWERS ALREADY GRADED
A+||LATEST UPDATE
Liability Insurance PAP (Part A) -CORRECT ANSWER Pays all the sums and insured
must legally pay as damage due to BI/PD caused by an accident and resulting from the
ownership, maintenance or use of a covered auto.
Coverage Part A through F of a PAP -CORRECT ANSWER A. Liability
B. Medical Payments
C. UM/UIM
D. Physical Damage
E. Insured Duties
F. General Provisions
Certificate of Insurance (COI) -CORRECT ANSWER A document that proves the
existence of insurance coverage
Occurrence -CORRECT ANSWER Something that continue to happen and may
cause injury later on.
Accident -CORRECT ANSWER A sudden unforseen and unintended one time event
Assumption of risk -CORRECT ANSWER An individual who is aware of the potential
risk involved and chose to expose themselves to it.
Comparative negligence -CORRECT ANSWER Measures the amount of negligence
contributed to each party. The injured party will not cover damages equal to the
percentage of negligence they contribute.
Contributory Negligence -CORRECT ANSWER If an insured party contributed to their
injury in anyway due to their own negligence, we will not pay anything.
What state is a contributory state? -CORRECT ANSWER North Carolina
Negligence -CORRECT ANSWER Failure to do (or not do) what a reasonable
prudent person would or would not have done in a similar instance.
,Temporary Substitute Automobile -CORRECT ANSWER Not owned by the named
insured but used temporarily as a substitute for the owned auto that is not currently
being used.
What is an example of a Temporary substitute Automobile? -CORRECT ANSWER A
dealership loans an insured a vehicle to drive while their car is getting fixed.
Non Owned Automobile -CORRECT ANSWER Not owned by the named insured or
any relative.
What is an example of an Non Owned Automobile? -CORRECT ANSWER An insured
borrows a neighbors car.
If an additional vehicle is not reported to the insurer within 30 days: -CORRECT
ANSWER No coverage will apply to the added vehicle.
If a vehicle is added to an existing policy (In addition to): -CORRECT ANSWER It will
have the broadest coverage if insured within 30 days of becoming the owner.
If a replacement vehicle is not reported within 30 days: -CORRECT ANSWER Part D
(Comprehensive and Collision Coverage) will not apply to the replacement vehicle.
A new vehicle that replaces another vehicle will: -CORRECT ANSWER Have the
same coverages as the old vehicle if the named insured request to insure it within 30
days of becoming the owners.
Insured -CORRECT ANSWER Any blood relative by marriage, adoption, wards, foster
children, living in the same home, including children away at college. Also, any person
using someones car with their permission.
Named insured -CORRECT ANSWER Listed on the declarations page. Included a
spouse wether they are named in the policy or not, provided they live in the same home.
1st Coverage for watercraft or yacht are: -CORRECT ANSWER Hull insurance for
damage to the insured boat itself
2nd Coverage for watercraft or yacht are: -CORRECT ANSWER Protection and
indemnity liability coverage for BI and PD exposures for damage to other people or
other peoples boats.
What doesn't watercraft or yacht coverage provide? -CORRECT ANSWER Coverage
for boats used for hire, charger, or for transporting people for a fee.
, How many days removal coverage is provided on the National Flood Insurance
Program? -CORRECT ANSWER 45 days
Elevation certificates -CORRECT ANSWER Required on dwellings that are written in
the regular program in certain flood zones in order to properly rate the policy.
Flood insurance policies become effective after: -CORRECT ANSWER 30 days after
receipt of the coverage application and the premium payment.
The general property form on flood insurance is used to: -CORRECT ANSWER
Insure larger residential structures and non residential buildings.
The dwellings form on a flood insurance plan is: -CORRECT ANSWER Used to
ensure residential property of no more than 4 units and the contents
Flood insurance is available in 2 forms, what are they? -CORRECT ANSWER 1.
Dwelling
2. General property
The deductible for an emergency plan applies: -CORRECT ANSWER Separately to
the building loss and contents if purchased on a per occurrence basis.
How much is the deductible on an emergency plan? -CORRECT ANSWER $1,000
Deductibe
The community becomes eligible for a regular plan: -CORRECT ANSWER When a
community complied with flood control requirements and the extent of the flood plan has
been mapped.
What are the 1st definition included in a flood? -CORRECT ANSWER Overflow of
inland or tidal water
What is the 2nd definition included in a flood? -CORRECT ANSWER Unusual
accumulation and run off of surface waters
What is the 3rd definition included in a flood? -CORRECT ANSWER Mud flows or
mudslides in normally dry land areas
What is the 4th definition included in a flood? -CORRECT ANSWER Abnormal flood
related erosion of shorelines
What is a flood? -CORRECT ANSWER General and temporary conditions of partial or
complete inundation of normally dry land areas.
