NC Adjuster License Questions with Detailed
Verified Answers 100% Correct Answers Already
Graded A+
Quiz: Comprehensive personal liability Ans: applies liability coverage to
activities or events occurring both on and off the premises.
Ex. The mailman slips and falls in your driveway.
Quiz: National Flood Insurance Program (NFIP) Ans: A government-
sponsored flood insurance program for communities in designated areas.
Quiz: Standard Fire Policy Ans: Insurance against property damage due to
fire or lightning
Quiz: definitions section Ans: the part of an insurance policy that explains
specific terms used throughout the policy, such as ?you? or ?your,? or ?family
member?
Quiz: risk Ans: The chance of loss from an event that cannot be entirely
controlled
Quiz: hazard Ans: A danger or risk.
Quiz: Peril Ans: cause of loss
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, Quiz: 4 Parts of Insurance Contract? Ans: Declarations
Conditions
Exclusions
Insuring Agreement
Quiz: basic form Ans: a form of a homeowners policy that insures property
against the basic perils Ex. Fire, lightning, hail, wind damage
Quiz: Special Peril/Open Peril (All Risk) Ans: cover all perils except for those
that are specifically excluded. If it doesn't state its not covered then it is
covered. **if there is a dispute over whether something is covered it would be
the insurance company's job to prove its not covered.
Quiz: broad form Ans: A property and liability policy that provides coverage
for landowners from eighteen specified perils.
Quiz: HO-4 policy Ans: Renters policy. Personal property covered for broad
perils.
Quiz: HO-5 Comprehensive Form Ans: insures the dwelling, other
structures, and personal property against direct physical loss to property
Quiz: HO-2 Ans: (broad form): covers the dwelling, other structures, and
personal property on a named perils basis
© 2025 Get it right Stuvia US All rights reserved
Verified Answers 100% Correct Answers Already
Graded A+
Quiz: Comprehensive personal liability Ans: applies liability coverage to
activities or events occurring both on and off the premises.
Ex. The mailman slips and falls in your driveway.
Quiz: National Flood Insurance Program (NFIP) Ans: A government-
sponsored flood insurance program for communities in designated areas.
Quiz: Standard Fire Policy Ans: Insurance against property damage due to
fire or lightning
Quiz: definitions section Ans: the part of an insurance policy that explains
specific terms used throughout the policy, such as ?you? or ?your,? or ?family
member?
Quiz: risk Ans: The chance of loss from an event that cannot be entirely
controlled
Quiz: hazard Ans: A danger or risk.
Quiz: Peril Ans: cause of loss
© 2025 Get it right Stuvia US All rights reserved
, Quiz: 4 Parts of Insurance Contract? Ans: Declarations
Conditions
Exclusions
Insuring Agreement
Quiz: basic form Ans: a form of a homeowners policy that insures property
against the basic perils Ex. Fire, lightning, hail, wind damage
Quiz: Special Peril/Open Peril (All Risk) Ans: cover all perils except for those
that are specifically excluded. If it doesn't state its not covered then it is
covered. **if there is a dispute over whether something is covered it would be
the insurance company's job to prove its not covered.
Quiz: broad form Ans: A property and liability policy that provides coverage
for landowners from eighteen specified perils.
Quiz: HO-4 policy Ans: Renters policy. Personal property covered for broad
perils.
Quiz: HO-5 Comprehensive Form Ans: insures the dwelling, other
structures, and personal property against direct physical loss to property
Quiz: HO-2 Ans: (broad form): covers the dwelling, other structures, and
personal property on a named perils basis
© 2025 Get it right Stuvia US All rights reserved
