LA Claims Adjuster Property and
Causality Practice Exam 2 2025/2026
Exam Questions and Answers | 100%
Pass
A commercial package policy always includes - 🧠ANSWER ✔✔A single
Declarations page common to all coverages
A single conditions section common to all coverages
If the insured fails to report claim in a timely fashion, the adjuster will immediately
___ - 🧠ANSWER ✔✔Send the insured a reservation of rights letter
The basic limit for coverage F-medical payments of the standard homeowners form
is normally - 🧠ANSWER ✔✔$1000 per person
The CGL provides up to ___per day for loss of earnings as a supplementary
payment - 🧠ANSWER ✔✔$250
,The insurance company chooses to inspect the insureds premises, the insurance
inspection: - 🧠ANSWER ✔✔Was made for the benefit of the insurance company
and does not warrant the insureds compliance with all laws and regulations
When is loss payable under LA standard fire policy? - 🧠ANSWER ✔✔60 days.
When an insurer has received a completed satisfactory proof of loss, how many
days does the insurer have to pay the loss - 🧠ANSWER ✔✔30 days
name the coverage that applies to the extra cost the insured incurs to make
temporary repairs and speed up the permanent repairs replacement of damage
covered equipment under an equipment breakdown policy - 🧠ANSWER
✔✔expediting expense coverage
How long will the business owner policy pay for the "extra expense coverage"
used to reduce the loss of income when the insured has suffered a loss from a
covered peril - 🧠ANSWER ✔✔Until the repairs are complete and the business re-
opens, subject to a 12 consecutive month limitation
Typically how are defense cost handled under aviation policy - 🧠ANSWER
✔✔handled as a supplementary payment
,under the HO policy, loss of use would cover what - 🧠ANSWER ✔✔additional
living expenses is included in this coverage as well as fair rental value
Dwelling forms include a liberalization clause. it says that any revision of coverage
which broadens the insurance without an additional premium charge will be
automatically applied to existing policies if the revision adopted during the policy
period or within - 🧠ANSWER ✔✔60 days prior to the effective date
Equipment breakdown protection coverage form normally pays replacement cost
unless endorsed to pay ___ - 🧠ANSWER ✔✔Actual Cash Value
____is covered under the broad dorm farm owners policy but is not covered under
the basic form farm owners policy - 🧠ANSWER ✔✔accidental shooting of
livestock
In keeping with the terms and conditions of the LAW standard Fire Insurance
policy an insured may file suit to recover for a loss only if all policy requirements
have been compiled with and only if the suit is filed within __months of the date of
loss - 🧠ANSWER ✔✔24
CGL newly acquired entity how long will the new entity be automatically
considered insured under the current CGL - 🧠ANSWER ✔✔from the time of
acquisition and up to 90 days thereafter
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, what does the insurer do when the insured has possibly waived his or her rights in
a liability claim - 🧠ANSWER ✔✔Reservation of rights letter
how much advance notice of a hearing must the LA insurance commissioner give
to affected interested parties - 🧠ANSWER ✔✔10 days
what is the maximum fine for each violates the "immediate contact" rule in LA -
🧠ANSWER ✔✔$500
This ocean marine insurance coverage protects the vessel owner in the event that
cargo shipping cost are not paid - 🧠ANSWER ✔✔Freight Insurance
To protect the public, the commissioner may examine a domestic insurer every__
during the first ___years of organization - 🧠ANSWER ✔✔6 months/ 3
What is the limit that is paid for water damage under equipment breakdown policy
- 🧠ANSWER ✔✔$25,000
In order to satisfy the motor vehicle safety responsibility law in Louisiana, what
are the required minimum auto limits of liability a person must carry - 🧠ANSWER
✔✔15,000/30,000/25,000
What coverage is used to cover the damage to a customers vehicle in the care of
custody of a repair garage. - 🧠ANSWER ✔✔Garagekeepers Legal Liability
Causality Practice Exam 2 2025/2026
Exam Questions and Answers | 100%
Pass
A commercial package policy always includes - 🧠ANSWER ✔✔A single
Declarations page common to all coverages
A single conditions section common to all coverages
If the insured fails to report claim in a timely fashion, the adjuster will immediately
___ - 🧠ANSWER ✔✔Send the insured a reservation of rights letter
The basic limit for coverage F-medical payments of the standard homeowners form
is normally - 🧠ANSWER ✔✔$1000 per person
The CGL provides up to ___per day for loss of earnings as a supplementary
payment - 🧠ANSWER ✔✔$250
,The insurance company chooses to inspect the insureds premises, the insurance
inspection: - 🧠ANSWER ✔✔Was made for the benefit of the insurance company
and does not warrant the insureds compliance with all laws and regulations
When is loss payable under LA standard fire policy? - 🧠ANSWER ✔✔60 days.
When an insurer has received a completed satisfactory proof of loss, how many
days does the insurer have to pay the loss - 🧠ANSWER ✔✔30 days
name the coverage that applies to the extra cost the insured incurs to make
temporary repairs and speed up the permanent repairs replacement of damage
covered equipment under an equipment breakdown policy - 🧠ANSWER
✔✔expediting expense coverage
How long will the business owner policy pay for the "extra expense coverage"
used to reduce the loss of income when the insured has suffered a loss from a
covered peril - 🧠ANSWER ✔✔Until the repairs are complete and the business re-
opens, subject to a 12 consecutive month limitation
Typically how are defense cost handled under aviation policy - 🧠ANSWER
✔✔handled as a supplementary payment
,under the HO policy, loss of use would cover what - 🧠ANSWER ✔✔additional
living expenses is included in this coverage as well as fair rental value
Dwelling forms include a liberalization clause. it says that any revision of coverage
which broadens the insurance without an additional premium charge will be
automatically applied to existing policies if the revision adopted during the policy
period or within - 🧠ANSWER ✔✔60 days prior to the effective date
Equipment breakdown protection coverage form normally pays replacement cost
unless endorsed to pay ___ - 🧠ANSWER ✔✔Actual Cash Value
____is covered under the broad dorm farm owners policy but is not covered under
the basic form farm owners policy - 🧠ANSWER ✔✔accidental shooting of
livestock
In keeping with the terms and conditions of the LAW standard Fire Insurance
policy an insured may file suit to recover for a loss only if all policy requirements
have been compiled with and only if the suit is filed within __months of the date of
loss - 🧠ANSWER ✔✔24
CGL newly acquired entity how long will the new entity be automatically
considered insured under the current CGL - 🧠ANSWER ✔✔from the time of
acquisition and up to 90 days thereafter
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, what does the insurer do when the insured has possibly waived his or her rights in
a liability claim - 🧠ANSWER ✔✔Reservation of rights letter
how much advance notice of a hearing must the LA insurance commissioner give
to affected interested parties - 🧠ANSWER ✔✔10 days
what is the maximum fine for each violates the "immediate contact" rule in LA -
🧠ANSWER ✔✔$500
This ocean marine insurance coverage protects the vessel owner in the event that
cargo shipping cost are not paid - 🧠ANSWER ✔✔Freight Insurance
To protect the public, the commissioner may examine a domestic insurer every__
during the first ___years of organization - 🧠ANSWER ✔✔6 months/ 3
What is the limit that is paid for water damage under equipment breakdown policy
- 🧠ANSWER ✔✔$25,000
In order to satisfy the motor vehicle safety responsibility law in Louisiana, what
are the required minimum auto limits of liability a person must carry - 🧠ANSWER
✔✔15,000/30,000/25,000
What coverage is used to cover the damage to a customers vehicle in the care of
custody of a repair garage. - 🧠ANSWER ✔✔Garagekeepers Legal Liability
