Maine Property &Casualty Adjuster Exam
Prep UPDATED ACTUAL Exam Questions
and CORECT Answers
What is the interest rate for claims not paid and over 30 days? - CORRECT ANSWER -1
½ % per month
A CEO is piloting a rented aircraft and injures someone. What kind of coverage is this
covered under? - CORRECT ANSWER -Non-owned aircraft coverage
How are wages computed for workers compensation? - CORRECT ANSWER -2/3 of
average after take weekly wages
A company sells costume jewelry ranging in price from $1.00 to $5.00 and has had $10,000.00
in jewelry stolen. Assuming there is no deductible and the coinsurance clause has been met, what
would they be covered for? - CORRECT ANSWER -$10,000
A vendor ships goods to the buyer to Syracuse, NY, who should carry the insurance? -
CORRECT ANSWER -Common Carrier coverage applies
A personal vehicle is transferred on a boat from Portland, ME to Nova Scotia, the boat collides
with another boat and sinks? If the insured has a personal auto policy, what would this be
covered under? - CORRECT ANSWER -Other than Collision coverage
Under Workers Compensation Law, immediate interest does not need to be paid on what? -
CORRECT ANSWER -Provisional Order
What is the regular waiting period for workers compensation in Maine (not the firefighter
waiting period)? - CORRECT ANSWER -7 days
,What is not considered a fringe benefit in workers compensation? - CORRECT
ANSWER -Uniforms
Who does garage keeper's liability cover? - CORRECT ANSWER -auto repair shops,
service stations, valets, parking lots, garages
What is considered a "family member" under insurance? - CORRECT ANSWER -blood
relatives, by marriage, by adoption including wards and foster children
Who is considered an "employee" under workers compensation law? - CORRECT
ANSWER -see Maine workers comp laws/rules on State of Maine website
Who is considered a "seasonal" worker? - CORRECT ANSWER -Logger
A Standard Fire Policy with no endorsement covers what? - CORRECT ANSWER -
Smoke
How is debris removal covered under a DP-1 policy? - CORRECT ANSWER -Included in
the limit of liability
If a person test drives a vehicle with no intent of purchasing and drives it to Canada, what
coverage would the dealer need to cover this loss? - CORRECT ANSWER -Drive Other
Car Coverage
What kind of vehicle is NOT covered a homeowners (HO) policy? - CORRECT
ANSWER -A non-registered vehicle used by the insured off of the insured's premises
Is vacant land the insured owns or rents covered under an HO policy? - CORRECT
ANSWER -Yes
, If an insured and insurer do not agree on the amount of the loss, what is the next step? -
CORRECT ANSWER -Insured and insurer each select their own appraisers
Who choose an umpire on a claim? And if an umpire cannot be agreed upon who chooses? -
CORRECT ANSWER -Appraiser; Mediator
What does Directors and Officers Liability coverage do? - CORRECT ANSWER -It
covers an individual director/officer of a corporation for wrongful acts with in official
duty.
If a manager of a grocery store injures a customer with a shopping cart, what coverage
would apply? - CORRECT ANSWER -Premises and Operations
How long does a insured have to file a lawsuit against a company under casualty
coverage? - CORRECT ANSWER -Two (2) years
Under Maine Tort Law, a governmental entity would be liable for what? - CORRECT
ANSWER -Failing to add a barrier to construction site (i.e. on a sidewalk)
What does workers compensation cover (generally)? - CORRECT ANSWER -Covers
wages for those who have to remain out of work due to a work related injury
What does workers compensation cover specifically? - CORRECT ANSWER -Loss of
Limb
What does medical payments coverage provide for? - CORRECT ANSWER -Medical and
funeral expenses for a insured/passengers
What is excluded on a Commercial Package Policy? - CORRECT ANSWER -Plumbing
Prep UPDATED ACTUAL Exam Questions
and CORECT Answers
What is the interest rate for claims not paid and over 30 days? - CORRECT ANSWER -1
½ % per month
A CEO is piloting a rented aircraft and injures someone. What kind of coverage is this
covered under? - CORRECT ANSWER -Non-owned aircraft coverage
How are wages computed for workers compensation? - CORRECT ANSWER -2/3 of
average after take weekly wages
A company sells costume jewelry ranging in price from $1.00 to $5.00 and has had $10,000.00
in jewelry stolen. Assuming there is no deductible and the coinsurance clause has been met, what
would they be covered for? - CORRECT ANSWER -$10,000
A vendor ships goods to the buyer to Syracuse, NY, who should carry the insurance? -
CORRECT ANSWER -Common Carrier coverage applies
A personal vehicle is transferred on a boat from Portland, ME to Nova Scotia, the boat collides
with another boat and sinks? If the insured has a personal auto policy, what would this be
covered under? - CORRECT ANSWER -Other than Collision coverage
Under Workers Compensation Law, immediate interest does not need to be paid on what? -
CORRECT ANSWER -Provisional Order
What is the regular waiting period for workers compensation in Maine (not the firefighter
waiting period)? - CORRECT ANSWER -7 days
,What is not considered a fringe benefit in workers compensation? - CORRECT
ANSWER -Uniforms
Who does garage keeper's liability cover? - CORRECT ANSWER -auto repair shops,
service stations, valets, parking lots, garages
What is considered a "family member" under insurance? - CORRECT ANSWER -blood
relatives, by marriage, by adoption including wards and foster children
Who is considered an "employee" under workers compensation law? - CORRECT
ANSWER -see Maine workers comp laws/rules on State of Maine website
Who is considered a "seasonal" worker? - CORRECT ANSWER -Logger
A Standard Fire Policy with no endorsement covers what? - CORRECT ANSWER -
Smoke
How is debris removal covered under a DP-1 policy? - CORRECT ANSWER -Included in
the limit of liability
If a person test drives a vehicle with no intent of purchasing and drives it to Canada, what
coverage would the dealer need to cover this loss? - CORRECT ANSWER -Drive Other
Car Coverage
What kind of vehicle is NOT covered a homeowners (HO) policy? - CORRECT
ANSWER -A non-registered vehicle used by the insured off of the insured's premises
Is vacant land the insured owns or rents covered under an HO policy? - CORRECT
ANSWER -Yes
, If an insured and insurer do not agree on the amount of the loss, what is the next step? -
CORRECT ANSWER -Insured and insurer each select their own appraisers
Who choose an umpire on a claim? And if an umpire cannot be agreed upon who chooses? -
CORRECT ANSWER -Appraiser; Mediator
What does Directors and Officers Liability coverage do? - CORRECT ANSWER -It
covers an individual director/officer of a corporation for wrongful acts with in official
duty.
If a manager of a grocery store injures a customer with a shopping cart, what coverage
would apply? - CORRECT ANSWER -Premises and Operations
How long does a insured have to file a lawsuit against a company under casualty
coverage? - CORRECT ANSWER -Two (2) years
Under Maine Tort Law, a governmental entity would be liable for what? - CORRECT
ANSWER -Failing to add a barrier to construction site (i.e. on a sidewalk)
What does workers compensation cover (generally)? - CORRECT ANSWER -Covers
wages for those who have to remain out of work due to a work related injury
What does workers compensation cover specifically? - CORRECT ANSWER -Loss of
Limb
What does medical payments coverage provide for? - CORRECT ANSWER -Medical and
funeral expenses for a insured/passengers
What is excluded on a Commercial Package Policy? - CORRECT ANSWER -Plumbing
