FLORIDA CLAIMS ADJUSTER EXAM
QUESTIONS WITH CORRECT
ANSWERS
Frank ntowned nta nthome ntthat ntwas ntdestroyed ntby nta nthurricane. ntBoth ntABC ntand
ntXYZ ntBanks ntwere ntlisted ntas ntadditional ntinterests nton nthis nthomeowner ntpolicy.
ntThe ntinsurance ntcompany ntwill ntmake nta ntpayment ntto: nt
A. ntThe ntfirst ntmortgagee, ntABC
B. ntThe ntInsured
C. ntJointly ntto ntABC ntand ntXYZ
D. ntAll ntlisted ntinterests nt- ntANS--D. ntAll ntlisted ntinterests
Remember ntthat ntthe ntinsurer ntis ntnot ntresponsible ntto ntknow ntthe ntdegrees ntof
ntinterest. ntIn ntthe ntevent ntof nta ntloss, ntone ntpayment ntis ntmade ntby ntthe ntinsurer ntand
ntit ntis ntup ntto ntthe ntadditional ntinterests nton ntworking ntout nttheir ntshare.
Insurance ntapplies ntseparately ntto nteach ntinsured ntas ntif ntother ntinsureds ntdid ntnot
ntexist. ntThis ntis ntdefined ntas:
A. ntSeverability
B. ntConditional
C. ntWarranty
D. ntNone ntof ntthe ntabove nt- ntANS--A. ntSeverability
Property ntinsurance ntpolicies ntusually ntcontain nta(n) nt__________ ntclause, ntstating
ntthe ntinsured ntcannot ntdump ntdamaged ntproperty nton ntthe ntinsurer ntand ntdemand ntits
ntfull ntvalue:
A. ntPro ntRata
B. ntAbandonment
C. ntLiberalization
D. ntAll ntof ntthe ntabove nt- ntANS--B. ntAbandonment
A(n) nt__________ ntis ntone ntwherein nteconomic ntloss ntwould ntbe ntsuffered ntfrom ntan
ntadverse nthappening ntto ntthe ntsubject:
A. ntConditional ntContract
B. ntPersonal ntContract
C. ntEconomic ntContract
D. ntInsurable ntInterest nt- ntANS--D. ntInsurable ntInterest
States ntthat ntif ntthe ntinsurer ntadopts nta ntrevision ntwhich ntwould ntbroaden ntcoverage
ntwithout ntadditional ntpremium ntwithin ntsome ntperiod ntof nttime ntprior ntto ntthe ntpolicy
,ntperiod ntor ntduring ntthe ntpolicy ntperiod, ntthe ntinsured ntreceives ntthe ntbenefit ntof ntsuch
ntbroadened ntcoverage.
A. ntCancellation ntClause
B. ntPolicy ntPeriod
C. ntPro ntRata
D. ntLiberalization nt- ntANS--D. ntLiberalization
The nttime ntframe ntis nttypically nt60 ntdays.
The nt__________ ntstates ntthat ntwhen ntthere ntis ntan ntunbroken ntconnection ntbetween
ntan ntoccurrence ntand ntdamage ntthat ntgrows ntout ntof ntthe ntoccurrence, ntthen ntthe
ntresultant ntdamage ntis ntall nta ntpart ntof ntthe ntoccurrence.
A. ntDoctrine ntof ntProximate ntCause
B. ntDoctrine ntof ntPerils nt& ntHazards
C. ntInsurance ntPolicy ntHandbook
D. ntDoctrine ntof ntProperty ntInsurance nt- ntANS--A. ntDoctrine ntof ntProximate ntCause
For ntexample, ntif nta ntproperty ntinsurance ntpolicy ntcovers ntthe ntperil ntof ntfire ntbut
ntfurther ntdamage ntis ntcaused ntby ntsmoke, ntwater ntused ntto ntextinguish, ntand ntthe
ntprocess ntof ntmoving ntproperty ntaway nt- ntfire ntis ntconsidered ntto ntbe ntthe nt*proximate
ntcause* ntof ntall ntof ntthe ntdamage.
The ntLoss ntSettlement ntValuation ntthat ntsubtracts ntan ntallowance ntfor ntdepreciation ntis
ntdefined ntas?
A. ntActual ntCash ntValue
B. ntReplacement ntCost
C. nt"Old ntfor ntNew"
D. ntNone ntof ntthe ntAbove nt- ntANS--A. ntActual ntCash ntValue
A ntpolicy ntcondition, nteither ntbased nton ntinformation ntin ntthe ntinsured's ntapplication ntor
ntinserted ntby ntthe ntinsurer, ntis ntdefined ntas:
A. ntWarranty
B. ntMisrepresentation
C. ntConcealment
D. ntNone ntof ntthe ntAbove nt- ntANS--A. ntWarranty
The ntfollowing ntare ntbasic ntcharacteristics ntof nta ntproperty ntor ntliability ntinsurance
ntcontract, ntexcept:
A. ntPersonal ntContract
B. ntConditional ntContract
C. ntLoss ntof ntSettlement ntContract
D. ntContract ntof ntAdhesion nt- ntANS--C. ntLoss ntof ntSettlement ntContract
The ntInsurer's ntresponsibility ntto ntpay ntfor nta ntproperty ntloss ntmay ntbe ntconditioned
nton ntthe ntinsured nthaving ntused ntreasonable ntmeans ntto ntavoid ntthe ntloss, ntto ntprotect
ntthe ntproperty ntagainst ntfurther ntloss, ntand ntto ntgive ntthe ntinsurer ntproof ntof ntthe ntloss
ntis ntdefined ntas?
A. ntConditional ntContract
,B. ntAdhesion ntContract
C. ntIndemnity ntContract
D. ntAll ntof ntthe ntAbove nt- ntANS--A. ntConditional ntContract
"may ntbe ntconditioned"
Which ntof ntthe ntfollowing ntis ntnot ntone ntof ntthe nt"Thresholds" ntin ntthe nt"No-Fault" ntlaw?
A. ntDeath ntof ntthe ntInsured
B. ntTemporary ntInjury ntof ntthe ntInsured
C. ntA ntpermanent ntloss ntof nta ntbodily ntfunction
D. ntPermanent ntscarring nton ntthe ntface ntof ntthe ntinsured nt- ntANS--B. ntTemporary
ntInjury ntof ntthe ntInsured
Also ntincluded: ntpermanent ntinjury ntother ntthan ntscarring ntand ntdisfigurement
Under ntMechanical ntBreakdown ntCoverage, ntnew ntcars ntare nteligible ntfor ntservice ntup
ntto:
A. nt36 ntMonths/36,000 ntMiles
B. nt24 ntMonths/36,000 ntMiles
C. nt12,000 ntMonths/12,000 ntMiles
D. nt12 ntMonths/36,000 ntMiles nt- ntANS--A. nt36 ntMonths/36,000 ntMiles
Used ntvehicles: nt12 ntMonths/12,000 ntMiles
If ntfinancial ntresponsibility ntdoesn't ntexist ntat ntthe nttime ntof ntan ntaccident, ntwhich ntof
ntthe ntfollowing ntthings ntmust nthappen ntto ntavoid ntpenalties?
A. ntThe ntlegally ntvalid ntclaims ntof ntothers ntmust ntbe ntsatisfied nt(up ntto nt10/20/10)
B. ntThe ntowner ntand ntoperator ntmust ntprovide ntcertification ntof ntfuture ntresponsibility
ntfor ntfuture ntaccidents
C. ntBoth ntA nt& ntB
D. ntNone ntof ntthe ntAbove nt- ntANS--C. ntBoth ntA nt& ntB
As ntto ntrequired ntproof ntfor ntfuture ntaccidents ntby ntpurchase ntof ntauto ntliability
ntinsurance, ntthe ntinsurer ntmust ntmake nta ntfiling nt(Form ntSR-22) ntcertifying ntthat
ntcoverage ntis ntin nteffect, ntand ntthis ntcertification ntmust ntremain nton ntfile ntfor
nt__________ ntyears: nt
A. nt1
B. nt3
C. nt4
D. nt2 nt- ntANS--B. nt3
The ntBusiness ntAutomobile ntPolicy ntincludes ntall ntof ntthe ntfollowing ntcoverage ntforms
ntexcept:
A. ntThe ntGarage ntCoverage ntForm
B. ntThe ntTrailer ntInterchange ntCoverage ntForm
C. ntThe ntTruckers ntCoverage ntForm
D. ntThe ntBusiness ntAuto ntCoverage ntForm nt- ntANS--B. ntThe ntTrailer ntInterchange
ntCoverage ntForm
, Personal ntInjury ntProtection, ntor ntPIP, nthas nta nt__________ ntper ntperson, ntper
ntaccident ntlimit.
A. nt10,000
B. nt20,000
C. nt1,000
D. ntDepends nton ntthe ntdamaged ntproperty nt- ntANS--A. nt10,000
Used ntto ntinsure ntbusinesses ntengaged ntin ntselling, ntservicing, ntrepairing, ntparking ntor
ntstoring ntautomobiles:
A. ntServicing ntCoverage ntForm
B. ntGarage ntCoverage ntForm
C. ntTruckers ntCoverage ntForm
D. ntNone ntof ntthe ntAbove nt- ntANS--B. ntGarage ntCoverage ntForm
The ntfollowing ntexamples ntare ntreferred ntto ntas nt__________ ntliability ntlimits:
nt25/50/25 ntor nt10/20/10.
A. ntSplit
B. ntSingle
C. ntStraight
D. ntNone ntof ntthe ntAbove nt- ntANS--A. ntSplit
10/20/10 nt= nt
10,000 ntper ntperson ntinjured
20,000 ntall ntinjuries ntcombined
10,000 ntproperty ntdamage
Example ntof ntstraight ntliability ntlimit nt= nt$30,000
Jeremy nthas nta ntnot ntat ntfault ntaccident. ntIf nthe nthas ntPIP ntwith nta nt$1,000
ntdeductible, nthow ntmuch ntcan nthe ntexpect nthis ntPIP ntcoverage ntto ntpay nttoward nthis
ntmedical ntbills ntthat nttotal nt$3,000?
A. nt$1,600
B. nt$1,000
C. nt$2,400
D. nt$3,000 nt- ntANS--A. nt$1,600
3000 nt(bills) nt- nt1000 nt(deductible) nt= nt
2000 ntx nt.80 nt(eighty ntpercent)
Frank nthas nta ntnot-at-fault ntaccident, nthe nthas ntbasic ntPIP, ntno ntdeductible ntand ntMed
ntpay ntof nt$5,000. ntHow ntmuch ntwill nthis ntMed ntPay ntcontribute ntto ntmedical ntbills ntof
nt$15,000?
A. nt$15,000
B. nt$5,000
C. nt$3,000
D. nt$0, ntFrank ntis ntnot-at-fault nt- ntANS--B. nt$5,000
Medical ntPayment ntlimits ntapply ntper ntperson; ntFrank ntwill ntreceive ntfull ntamount
nttowards ntmedical ntbills.
QUESTIONS WITH CORRECT
ANSWERS
Frank ntowned nta nthome ntthat ntwas ntdestroyed ntby nta nthurricane. ntBoth ntABC ntand
ntXYZ ntBanks ntwere ntlisted ntas ntadditional ntinterests nton nthis nthomeowner ntpolicy.
ntThe ntinsurance ntcompany ntwill ntmake nta ntpayment ntto: nt
A. ntThe ntfirst ntmortgagee, ntABC
B. ntThe ntInsured
C. ntJointly ntto ntABC ntand ntXYZ
D. ntAll ntlisted ntinterests nt- ntANS--D. ntAll ntlisted ntinterests
Remember ntthat ntthe ntinsurer ntis ntnot ntresponsible ntto ntknow ntthe ntdegrees ntof
ntinterest. ntIn ntthe ntevent ntof nta ntloss, ntone ntpayment ntis ntmade ntby ntthe ntinsurer ntand
ntit ntis ntup ntto ntthe ntadditional ntinterests nton ntworking ntout nttheir ntshare.
Insurance ntapplies ntseparately ntto nteach ntinsured ntas ntif ntother ntinsureds ntdid ntnot
ntexist. ntThis ntis ntdefined ntas:
A. ntSeverability
B. ntConditional
C. ntWarranty
D. ntNone ntof ntthe ntabove nt- ntANS--A. ntSeverability
Property ntinsurance ntpolicies ntusually ntcontain nta(n) nt__________ ntclause, ntstating
ntthe ntinsured ntcannot ntdump ntdamaged ntproperty nton ntthe ntinsurer ntand ntdemand ntits
ntfull ntvalue:
A. ntPro ntRata
B. ntAbandonment
C. ntLiberalization
D. ntAll ntof ntthe ntabove nt- ntANS--B. ntAbandonment
A(n) nt__________ ntis ntone ntwherein nteconomic ntloss ntwould ntbe ntsuffered ntfrom ntan
ntadverse nthappening ntto ntthe ntsubject:
A. ntConditional ntContract
B. ntPersonal ntContract
C. ntEconomic ntContract
D. ntInsurable ntInterest nt- ntANS--D. ntInsurable ntInterest
States ntthat ntif ntthe ntinsurer ntadopts nta ntrevision ntwhich ntwould ntbroaden ntcoverage
ntwithout ntadditional ntpremium ntwithin ntsome ntperiod ntof nttime ntprior ntto ntthe ntpolicy
,ntperiod ntor ntduring ntthe ntpolicy ntperiod, ntthe ntinsured ntreceives ntthe ntbenefit ntof ntsuch
ntbroadened ntcoverage.
A. ntCancellation ntClause
B. ntPolicy ntPeriod
C. ntPro ntRata
D. ntLiberalization nt- ntANS--D. ntLiberalization
The nttime ntframe ntis nttypically nt60 ntdays.
The nt__________ ntstates ntthat ntwhen ntthere ntis ntan ntunbroken ntconnection ntbetween
ntan ntoccurrence ntand ntdamage ntthat ntgrows ntout ntof ntthe ntoccurrence, ntthen ntthe
ntresultant ntdamage ntis ntall nta ntpart ntof ntthe ntoccurrence.
A. ntDoctrine ntof ntProximate ntCause
B. ntDoctrine ntof ntPerils nt& ntHazards
C. ntInsurance ntPolicy ntHandbook
D. ntDoctrine ntof ntProperty ntInsurance nt- ntANS--A. ntDoctrine ntof ntProximate ntCause
For ntexample, ntif nta ntproperty ntinsurance ntpolicy ntcovers ntthe ntperil ntof ntfire ntbut
ntfurther ntdamage ntis ntcaused ntby ntsmoke, ntwater ntused ntto ntextinguish, ntand ntthe
ntprocess ntof ntmoving ntproperty ntaway nt- ntfire ntis ntconsidered ntto ntbe ntthe nt*proximate
ntcause* ntof ntall ntof ntthe ntdamage.
The ntLoss ntSettlement ntValuation ntthat ntsubtracts ntan ntallowance ntfor ntdepreciation ntis
ntdefined ntas?
A. ntActual ntCash ntValue
B. ntReplacement ntCost
C. nt"Old ntfor ntNew"
D. ntNone ntof ntthe ntAbove nt- ntANS--A. ntActual ntCash ntValue
A ntpolicy ntcondition, nteither ntbased nton ntinformation ntin ntthe ntinsured's ntapplication ntor
ntinserted ntby ntthe ntinsurer, ntis ntdefined ntas:
A. ntWarranty
B. ntMisrepresentation
C. ntConcealment
D. ntNone ntof ntthe ntAbove nt- ntANS--A. ntWarranty
The ntfollowing ntare ntbasic ntcharacteristics ntof nta ntproperty ntor ntliability ntinsurance
ntcontract, ntexcept:
A. ntPersonal ntContract
B. ntConditional ntContract
C. ntLoss ntof ntSettlement ntContract
D. ntContract ntof ntAdhesion nt- ntANS--C. ntLoss ntof ntSettlement ntContract
The ntInsurer's ntresponsibility ntto ntpay ntfor nta ntproperty ntloss ntmay ntbe ntconditioned
nton ntthe ntinsured nthaving ntused ntreasonable ntmeans ntto ntavoid ntthe ntloss, ntto ntprotect
ntthe ntproperty ntagainst ntfurther ntloss, ntand ntto ntgive ntthe ntinsurer ntproof ntof ntthe ntloss
ntis ntdefined ntas?
A. ntConditional ntContract
,B. ntAdhesion ntContract
C. ntIndemnity ntContract
D. ntAll ntof ntthe ntAbove nt- ntANS--A. ntConditional ntContract
"may ntbe ntconditioned"
Which ntof ntthe ntfollowing ntis ntnot ntone ntof ntthe nt"Thresholds" ntin ntthe nt"No-Fault" ntlaw?
A. ntDeath ntof ntthe ntInsured
B. ntTemporary ntInjury ntof ntthe ntInsured
C. ntA ntpermanent ntloss ntof nta ntbodily ntfunction
D. ntPermanent ntscarring nton ntthe ntface ntof ntthe ntinsured nt- ntANS--B. ntTemporary
ntInjury ntof ntthe ntInsured
Also ntincluded: ntpermanent ntinjury ntother ntthan ntscarring ntand ntdisfigurement
Under ntMechanical ntBreakdown ntCoverage, ntnew ntcars ntare nteligible ntfor ntservice ntup
ntto:
A. nt36 ntMonths/36,000 ntMiles
B. nt24 ntMonths/36,000 ntMiles
C. nt12,000 ntMonths/12,000 ntMiles
D. nt12 ntMonths/36,000 ntMiles nt- ntANS--A. nt36 ntMonths/36,000 ntMiles
Used ntvehicles: nt12 ntMonths/12,000 ntMiles
If ntfinancial ntresponsibility ntdoesn't ntexist ntat ntthe nttime ntof ntan ntaccident, ntwhich ntof
ntthe ntfollowing ntthings ntmust nthappen ntto ntavoid ntpenalties?
A. ntThe ntlegally ntvalid ntclaims ntof ntothers ntmust ntbe ntsatisfied nt(up ntto nt10/20/10)
B. ntThe ntowner ntand ntoperator ntmust ntprovide ntcertification ntof ntfuture ntresponsibility
ntfor ntfuture ntaccidents
C. ntBoth ntA nt& ntB
D. ntNone ntof ntthe ntAbove nt- ntANS--C. ntBoth ntA nt& ntB
As ntto ntrequired ntproof ntfor ntfuture ntaccidents ntby ntpurchase ntof ntauto ntliability
ntinsurance, ntthe ntinsurer ntmust ntmake nta ntfiling nt(Form ntSR-22) ntcertifying ntthat
ntcoverage ntis ntin nteffect, ntand ntthis ntcertification ntmust ntremain nton ntfile ntfor
nt__________ ntyears: nt
A. nt1
B. nt3
C. nt4
D. nt2 nt- ntANS--B. nt3
The ntBusiness ntAutomobile ntPolicy ntincludes ntall ntof ntthe ntfollowing ntcoverage ntforms
ntexcept:
A. ntThe ntGarage ntCoverage ntForm
B. ntThe ntTrailer ntInterchange ntCoverage ntForm
C. ntThe ntTruckers ntCoverage ntForm
D. ntThe ntBusiness ntAuto ntCoverage ntForm nt- ntANS--B. ntThe ntTrailer ntInterchange
ntCoverage ntForm
, Personal ntInjury ntProtection, ntor ntPIP, nthas nta nt__________ ntper ntperson, ntper
ntaccident ntlimit.
A. nt10,000
B. nt20,000
C. nt1,000
D. ntDepends nton ntthe ntdamaged ntproperty nt- ntANS--A. nt10,000
Used ntto ntinsure ntbusinesses ntengaged ntin ntselling, ntservicing, ntrepairing, ntparking ntor
ntstoring ntautomobiles:
A. ntServicing ntCoverage ntForm
B. ntGarage ntCoverage ntForm
C. ntTruckers ntCoverage ntForm
D. ntNone ntof ntthe ntAbove nt- ntANS--B. ntGarage ntCoverage ntForm
The ntfollowing ntexamples ntare ntreferred ntto ntas nt__________ ntliability ntlimits:
nt25/50/25 ntor nt10/20/10.
A. ntSplit
B. ntSingle
C. ntStraight
D. ntNone ntof ntthe ntAbove nt- ntANS--A. ntSplit
10/20/10 nt= nt
10,000 ntper ntperson ntinjured
20,000 ntall ntinjuries ntcombined
10,000 ntproperty ntdamage
Example ntof ntstraight ntliability ntlimit nt= nt$30,000
Jeremy nthas nta ntnot ntat ntfault ntaccident. ntIf nthe nthas ntPIP ntwith nta nt$1,000
ntdeductible, nthow ntmuch ntcan nthe ntexpect nthis ntPIP ntcoverage ntto ntpay nttoward nthis
ntmedical ntbills ntthat nttotal nt$3,000?
A. nt$1,600
B. nt$1,000
C. nt$2,400
D. nt$3,000 nt- ntANS--A. nt$1,600
3000 nt(bills) nt- nt1000 nt(deductible) nt= nt
2000 ntx nt.80 nt(eighty ntpercent)
Frank nthas nta ntnot-at-fault ntaccident, nthe nthas ntbasic ntPIP, ntno ntdeductible ntand ntMed
ntpay ntof nt$5,000. ntHow ntmuch ntwill nthis ntMed ntPay ntcontribute ntto ntmedical ntbills ntof
nt$15,000?
A. nt$15,000
B. nt$5,000
C. nt$3,000
D. nt$0, ntFrank ntis ntnot-at-fault nt- ntANS--B. nt$5,000
Medical ntPayment ntlimits ntapply ntper ntperson; ntFrank ntwill ntreceive ntfull ntamount
nttowards ntmedical ntbills.
