CLAIMS ADJUSTER EXAM
QUESTIONS WITH COMPLETE
SOLUTIONS
Multi ntPeril-Package nt- ntANS--Any ntpolicy ntwhich ntprovides ntproperty nt& ntliability
ntcoverage nt(not nthomeowner)
ISO ntpolicy nt- ntANS--Sold ntin ntTexas, ntbut ntnot ntTexas ntform
Only ntTexas ntDP nt1 nt- ntANS--Mainly ntthe ntonly ntTDP ntsold, ntnow ntwith ntplethora ntof
ntendorsements
Texas ntStandard ntFire ntPolicy nt- ntANS--Granddaddy ntof ntall ntTexas ntproperty ntpolicies
Business ntauto ntcoverage nte.g. nt- ntANS--Owner ntof nta nttaxi ntto ntcover ntcollision
ntdamage
Inland ntMarine nt(build ntmilk ntpolicy) ntwould ntcover nte.g. nt- ntANS--3k ntgallons ntof ntmilk
ntin nttanker nttruck
Texas ntStandard, ntStandard ntFire nt& ntBusiness ntOwner nt- ntANS--Would ntall ntcover
ntdamage ntto ntsomething ntlike nta ntgift ntcard ntshop ntfire
Tx ntPersonal ntAuto ntPolicy nte.g. nt- ntANS--Owner ntof ntfamily ntfar, ntfor ntpotential ntinjury
ntto ntother ntpeople
Trucker's ntpolicy nt- ntANS--Trucking ntcompany, ntfor ntpotential ntdamage ntto ntother
ntpeople's nttrailers ntwhich ntthe nttrucking ntcompany ntmay ntbe ntpulling
Actual ntCash ntValue nt(ACV) nt- ntANS--Replacement ntcost ntless ntdepreciation
Garage ntLiability nte.g. nt- ntANS--For ntvalet ntparking ntservice ntto nthave ntappropriate
ntliability ntcoverage ntit ntneeds ntwhat ntkind ntof ntpolicy?
Flood, ntworkers ntcomp, ntcrop, ntcostal ntwind ntamong ntothers nt- ntANS--Types ntof
ntcasualty ntclaims ntI ntwill ntbe ntunable ntto nthandle ntunder ntlicense ntI'm ntstudying ntfor
Ocean ntMarine ntHull ntcoverage nt- ntANS--Would nthave ntto ntbe ntwritten ntfor ntan
ntinsured ntto ntcover ntpotential ntcollision ntdamage ntto ntinsured's ntship
, Covered nt(if ntit's ntnot ntwritten) nt- ntANS--It's ntsafe ntto ntassume ntthat ntif ntsomething ntis
ntnot ntexcluded ntin ntwriting ntit's ntappropriate ntto ntassume ntthat ntthe ntloss ntis?
15/15/5 ntrule nt- ntANS--15 ntcalendar ntdays ntto ntsend ntnotice ntyou ntreceived ntclaim
15 ntbusiness ntdays ntto ntresolve ntcase
5 ntdays ntto ntpay ntclaim nt(if ntapplicable)
Options ntfor ntHigh ntRisk ntDrivers? nt- ntANS--Texas ntstarted ntTAIPA
Risk ntpool
Minus ntPIP nt($2,500)
Uninsured/underinsured ntmotorist ntcoverage nt- ntANS--What ntdoes ntTAIPA ntprovide?
When ntcan ntyou ntget ntTAIPA nt- ntANS--Once ntyou've ntbeen ntrejected ntby nt2 ntor ntmore
ntinsurance ntcompanies
Commercial ntGeneral ntLiability ntcoverage nt- ntANS--Covers ntbasically ntany ntrisk
ntimaginable ntthat ntwould nt"cause" ntbodily ntinjury ntor ntproperty ntdamage
E.g. ntCustomer ntslip-fall; nthit ntby ntdebris; ntescalator ntlurching;poison ntget ntwell ntcard
Multi ntperil ntor ntpackage nt- ntANS--Any ntpolicy ntthat ntprovides ntboth ntproperty ntand
ntliability ntcoverage
ISO nt- ntANS--A ntpolicy ntsold ntin ntTexas, ntbut ntis ntnot nta ntTexas ntPolicy ntform
How ntmany ntTexas ntDwelling ntpolicies ntare ntsold ntnow? nt- ntANS--ONE
TX ntDwelling ntForm nt1 nt- ntANS--The ntdwelling ntpolicy ntsold ntin nttexas
Texas ntStandard ntFire ntPolicy ntis... nt- ntANS--The ntgranddaddy ntof ntall ntTexas
ntproperty ntpolicies
E.g. ntOwner ntof nta nttaxi ntwho ntneeds ntcollision ntdamage ntfor nthis ntown nttaxi nt- ntANS--
Business ntauto nte.g.
E.g. nt3,000 ntgallons ntof ntmilk ntin nttanker nttruck nt- ntANS--Inland ntMarine nt(Bulk ntMilk)
nte.g.
E.g.Fire ntdamage ntto ntsmall ntgreeting ntcard ntshop nt(3 ntpossible ntpolicies) nt- ntANS--
Texas ntStandard ntFire, ntStandard ntFire, ntBusiness ntowner nte.g.
Actual ntCash ntValue nt(ACV) nt- ntANS--What ntis ntreplacement ntcost ntless
ntdepreciation?
Garage ntLiability nt- ntANS--For ntvalet ntparking ntservice ntto nthave ntappropriate ntliability
ntcoverage... ntNeed ntwhat ntpolicy?
QUESTIONS WITH COMPLETE
SOLUTIONS
Multi ntPeril-Package nt- ntANS--Any ntpolicy ntwhich ntprovides ntproperty nt& ntliability
ntcoverage nt(not nthomeowner)
ISO ntpolicy nt- ntANS--Sold ntin ntTexas, ntbut ntnot ntTexas ntform
Only ntTexas ntDP nt1 nt- ntANS--Mainly ntthe ntonly ntTDP ntsold, ntnow ntwith ntplethora ntof
ntendorsements
Texas ntStandard ntFire ntPolicy nt- ntANS--Granddaddy ntof ntall ntTexas ntproperty ntpolicies
Business ntauto ntcoverage nte.g. nt- ntANS--Owner ntof nta nttaxi ntto ntcover ntcollision
ntdamage
Inland ntMarine nt(build ntmilk ntpolicy) ntwould ntcover nte.g. nt- ntANS--3k ntgallons ntof ntmilk
ntin nttanker nttruck
Texas ntStandard, ntStandard ntFire nt& ntBusiness ntOwner nt- ntANS--Would ntall ntcover
ntdamage ntto ntsomething ntlike nta ntgift ntcard ntshop ntfire
Tx ntPersonal ntAuto ntPolicy nte.g. nt- ntANS--Owner ntof ntfamily ntfar, ntfor ntpotential ntinjury
ntto ntother ntpeople
Trucker's ntpolicy nt- ntANS--Trucking ntcompany, ntfor ntpotential ntdamage ntto ntother
ntpeople's nttrailers ntwhich ntthe nttrucking ntcompany ntmay ntbe ntpulling
Actual ntCash ntValue nt(ACV) nt- ntANS--Replacement ntcost ntless ntdepreciation
Garage ntLiability nte.g. nt- ntANS--For ntvalet ntparking ntservice ntto nthave ntappropriate
ntliability ntcoverage ntit ntneeds ntwhat ntkind ntof ntpolicy?
Flood, ntworkers ntcomp, ntcrop, ntcostal ntwind ntamong ntothers nt- ntANS--Types ntof
ntcasualty ntclaims ntI ntwill ntbe ntunable ntto nthandle ntunder ntlicense ntI'm ntstudying ntfor
Ocean ntMarine ntHull ntcoverage nt- ntANS--Would nthave ntto ntbe ntwritten ntfor ntan
ntinsured ntto ntcover ntpotential ntcollision ntdamage ntto ntinsured's ntship
, Covered nt(if ntit's ntnot ntwritten) nt- ntANS--It's ntsafe ntto ntassume ntthat ntif ntsomething ntis
ntnot ntexcluded ntin ntwriting ntit's ntappropriate ntto ntassume ntthat ntthe ntloss ntis?
15/15/5 ntrule nt- ntANS--15 ntcalendar ntdays ntto ntsend ntnotice ntyou ntreceived ntclaim
15 ntbusiness ntdays ntto ntresolve ntcase
5 ntdays ntto ntpay ntclaim nt(if ntapplicable)
Options ntfor ntHigh ntRisk ntDrivers? nt- ntANS--Texas ntstarted ntTAIPA
Risk ntpool
Minus ntPIP nt($2,500)
Uninsured/underinsured ntmotorist ntcoverage nt- ntANS--What ntdoes ntTAIPA ntprovide?
When ntcan ntyou ntget ntTAIPA nt- ntANS--Once ntyou've ntbeen ntrejected ntby nt2 ntor ntmore
ntinsurance ntcompanies
Commercial ntGeneral ntLiability ntcoverage nt- ntANS--Covers ntbasically ntany ntrisk
ntimaginable ntthat ntwould nt"cause" ntbodily ntinjury ntor ntproperty ntdamage
E.g. ntCustomer ntslip-fall; nthit ntby ntdebris; ntescalator ntlurching;poison ntget ntwell ntcard
Multi ntperil ntor ntpackage nt- ntANS--Any ntpolicy ntthat ntprovides ntboth ntproperty ntand
ntliability ntcoverage
ISO nt- ntANS--A ntpolicy ntsold ntin ntTexas, ntbut ntis ntnot nta ntTexas ntPolicy ntform
How ntmany ntTexas ntDwelling ntpolicies ntare ntsold ntnow? nt- ntANS--ONE
TX ntDwelling ntForm nt1 nt- ntANS--The ntdwelling ntpolicy ntsold ntin nttexas
Texas ntStandard ntFire ntPolicy ntis... nt- ntANS--The ntgranddaddy ntof ntall ntTexas
ntproperty ntpolicies
E.g. ntOwner ntof nta nttaxi ntwho ntneeds ntcollision ntdamage ntfor nthis ntown nttaxi nt- ntANS--
Business ntauto nte.g.
E.g. nt3,000 ntgallons ntof ntmilk ntin nttanker nttruck nt- ntANS--Inland ntMarine nt(Bulk ntMilk)
nte.g.
E.g.Fire ntdamage ntto ntsmall ntgreeting ntcard ntshop nt(3 ntpossible ntpolicies) nt- ntANS--
Texas ntStandard ntFire, ntStandard ntFire, ntBusiness ntowner nte.g.
Actual ntCash ntValue nt(ACV) nt- ntANS--What ntis ntreplacement ntcost ntless
ntdepreciation?
Garage ntLiability nt- ntANS--For ntvalet ntparking ntservice ntto nthave ntappropriate ntliability
ntcoverage... ntNeed ntwhat ntpolicy?
