GA Adjuster Exam Review 2025
Questions and Answers
In GA, _____insurance cannot be written by a reciprocal type insurer. - --
Answer --life
No insurer or licensee doing business in Georgia may pay any commissions or
valuable consideration to any person for services as an agent, subagent, or adjuster
unless that person is duly licensed under the - --Answer --Code
Mediation is not _____ on the parties involved, but with arbitration the decision is
final and _____. - --Answer --Binding
Standard and Poor's, A.M. Best and Moody's are examples of: - --Answer --
Independent Rating Services
What is the application fee for filing to become a self-insurer for workers
compensation in Georgia? - --Answer --$500
Insurance adjusters have the "power to bind". Which of the following statements
best describes what this means? - --Answer --The principal is bound to the
decisions of the adjuster.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,The perils most frequently covered by a Difference in Conditions policy are: - --
Answer --Flood and Earthquake
What is the purpose of the Georgia Insurance Guaranty Association? - --
Answer --Cover claims of insolvent insurers
Twisting - --Answer --The act of inducing or attempting to induce a policy
owner to drop an existing life insurance policy and to take another policy that is
substantially the same kind by using misrepresentations or incomplete comparisons
of the advantages and disadvantages of the two policies. Most states have enacted
legislation making twisting a crime.
Churning - --Answer --Churning occurs when an insurance agent replaces a
policyholder's insurance policy for another insurance policy, usually without
consulting the policyholder and often with no changes to the coverage itself.
Agents who engage in churning do so in order to secure an additional commission
for the new policy they swap in.
Rebating - --Answer --Rebating — a portion of the premium or the
agent's/broker's commission on the premium to the insured or other inducements
to place business with a specific insurer. Rebating is illegal in the majority of states.
Insurers must use filed rate credits or have supporting methodology.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, Uninsured motorist coverage law in Georgia applies to bodily injury claims
sustained by an insured and caused by an uninsured motorist as defined by the law.
UMPD coverage is also included. - --Answer --
In Georgia, the Chief Deputy Commissioner must execute a bond in the amount
of: - --Answer --$15,000
Adjusters must maintain record of each investigation or adjustment undertaken,
and a statement of any fee, commission, or other compensation received or to be
received on account of the investigation or adjustment. How long must the records
be maintained for examination? - --Answer --5
The limits of the Employers' Liability section of a standard workers' compensation
policy are: - --Answer --Listed on the information page
An insured has purchased BAP physical damage coverage against specified causes
of loss. Protection applies to all of the following perils, EXCEPT: - --
Answer --Falling objects
Which of the following statements is NOT TRUE of the Builders' Risk coverage
form? - --Answer --T
An insured carries a liability policy and an umbrella policy. The verdict in a
personal injury liability suit was higher than the insured's underlying liability
policy's limit of insurance. In this situation: - --Answer --The insurance
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
Questions and Answers
In GA, _____insurance cannot be written by a reciprocal type insurer. - --
Answer --life
No insurer or licensee doing business in Georgia may pay any commissions or
valuable consideration to any person for services as an agent, subagent, or adjuster
unless that person is duly licensed under the - --Answer --Code
Mediation is not _____ on the parties involved, but with arbitration the decision is
final and _____. - --Answer --Binding
Standard and Poor's, A.M. Best and Moody's are examples of: - --Answer --
Independent Rating Services
What is the application fee for filing to become a self-insurer for workers
compensation in Georgia? - --Answer --$500
Insurance adjusters have the "power to bind". Which of the following statements
best describes what this means? - --Answer --The principal is bound to the
decisions of the adjuster.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,The perils most frequently covered by a Difference in Conditions policy are: - --
Answer --Flood and Earthquake
What is the purpose of the Georgia Insurance Guaranty Association? - --
Answer --Cover claims of insolvent insurers
Twisting - --Answer --The act of inducing or attempting to induce a policy
owner to drop an existing life insurance policy and to take another policy that is
substantially the same kind by using misrepresentations or incomplete comparisons
of the advantages and disadvantages of the two policies. Most states have enacted
legislation making twisting a crime.
Churning - --Answer --Churning occurs when an insurance agent replaces a
policyholder's insurance policy for another insurance policy, usually without
consulting the policyholder and often with no changes to the coverage itself.
Agents who engage in churning do so in order to secure an additional commission
for the new policy they swap in.
Rebating - --Answer --Rebating — a portion of the premium or the
agent's/broker's commission on the premium to the insured or other inducements
to place business with a specific insurer. Rebating is illegal in the majority of states.
Insurers must use filed rate credits or have supporting methodology.
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, Uninsured motorist coverage law in Georgia applies to bodily injury claims
sustained by an insured and caused by an uninsured motorist as defined by the law.
UMPD coverage is also included. - --Answer --
In Georgia, the Chief Deputy Commissioner must execute a bond in the amount
of: - --Answer --$15,000
Adjusters must maintain record of each investigation or adjustment undertaken,
and a statement of any fee, commission, or other compensation received or to be
received on account of the investigation or adjustment. How long must the records
be maintained for examination? - --Answer --5
The limits of the Employers' Liability section of a standard workers' compensation
policy are: - --Answer --Listed on the information page
An insured has purchased BAP physical damage coverage against specified causes
of loss. Protection applies to all of the following perils, EXCEPT: - --
Answer --Falling objects
Which of the following statements is NOT TRUE of the Builders' Risk coverage
form? - --Answer --T
An insured carries a liability policy and an umbrella policy. The verdict in a
personal injury liability suit was higher than the insured's underlying liability
policy's limit of insurance. In this situation: - --Answer --The insurance
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
