Florida Public Adjuster State Test Questions with Verified
Answers Graded A+
Florida No-Fault Tort Exemption - 2.Policy Period
ANSWER -Those who comply with the law 3.Premium
are granted limited immunity from suits of others 4.Limits of Coverage
through PIP coverage.
7 Common CGL Conditions - ANSWER -
4 Exceptions to Tort Exemption(Threshold of No- 1.Cancellation(30 Days by insurer option, 10
Fault) - ANSWER -1. Significant and Days By no payment).
Permanent loss of bodily function. 2.Changes
2.Permanent injury other than scarring and 3.Examination of Books
disfigurement. 4.Inspections and Surveys
3.Significant and Permanent scarring or 5.Premiums
disfigurement. 6.Transfer
4.Death 7.Nuclear Endorsement
What does NFIP stand for? - ANSWER - CGL Coverage A - ANSWER -Bodily Injury
National Flood Insurance Program and Property Damage Insuring Agreement
Form SR-22 - ANSWER -Drivers Convicted The 3 Conditions that define work as "completed"
of DUI or a traffic felony over the prior 3 years - ANSWER -1.When all work called for in
are required to have 100/300/50 coverage or a the contract is completed.
certificate of self insurance of $350,000. 2.When all work to be done at the site has been
completed if one contract calls for work at more
than one site.
3.When that part of the work done at a job site
Contents of a CGL Contract - ANSWER - has been put to its intended use by any person or
1.Declarations Form organization other than another contractor or
2.Common Policy Conditions Form subcontractor.
3. One of:
A.Occurrence Form
B.Claims Made Form
4.Nuclear Energy Liability Exclusion Occurance - ANSWER -An accident,
Endorsement. including continuous or repeated exposure to
substantially the same general harmful
conditions.
Declarations of a CGL Contract(4) -
ANSWER -1.Named Insured(including
address) accident - ANSWER -Sudden, unexpected
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, Florida Public Adjuster State Test Questions with Verified
Answers Graded A+
event If a unit is co-owned, May one co-owner be
insured as the renter(HO-4)? - ANSWER -
Yes
The Difference between "Occurance" and
"Claims Made" CGL Coverages -
ANSWER -The Coverage Trigger: What are the two main divisions of a Home
The Occurance Form applies to BI and PD Owners Form? - ANSWER -Section I-
regardless of any later time at which the claim is Property
made. &
The Claims-Made Form applies only to BI and Section II-Liability
PD that occurs on or after the "Retro-Active date"
4 Subsections of Section I of a Property
Retro-Active Date - ANSWER -The date on Coverage Policy - ANSWER -1. Coverages
which the coverage legally began. 2.Perils Insured Against
3.Exclusions
4.Conditions
Basic Extended Reporting Period for CGL -
ANSWER -60 Days after expiration
Who determines how much HO-6 coverages a
Condominium Owner needs? - ANSWER -
The Association
Why is the term "Coverage Trigger" misleading?
- ANSWER -Because it intends to refer to
the time period during which the insurance
contract is in effect. Homeowners Coverage A - ANSWER -
"Dwelling" covers the dwelling building and
structures attached; also construction materials
and supplies on or adjacent to the premises.
Umbrella - ANSWER -Covers Excessive
Liability
Homeowners Coverage B - ANSWER -
"Other Structures" covers private structures on
A Homeowners Policy consists of(3 the residence premises that are not attached to
components): - ANSWER -1.Declarations the main dwelling.
2.One of 6 Homeowners forms
3.Mandatory and optional endorsements
4 Examples of "Other Structures" Per Coverage
B of a Homeowner's policy(book gives 5) -
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Answers Graded A+
Florida No-Fault Tort Exemption - 2.Policy Period
ANSWER -Those who comply with the law 3.Premium
are granted limited immunity from suits of others 4.Limits of Coverage
through PIP coverage.
7 Common CGL Conditions - ANSWER -
4 Exceptions to Tort Exemption(Threshold of No- 1.Cancellation(30 Days by insurer option, 10
Fault) - ANSWER -1. Significant and Days By no payment).
Permanent loss of bodily function. 2.Changes
2.Permanent injury other than scarring and 3.Examination of Books
disfigurement. 4.Inspections and Surveys
3.Significant and Permanent scarring or 5.Premiums
disfigurement. 6.Transfer
4.Death 7.Nuclear Endorsement
What does NFIP stand for? - ANSWER - CGL Coverage A - ANSWER -Bodily Injury
National Flood Insurance Program and Property Damage Insuring Agreement
Form SR-22 - ANSWER -Drivers Convicted The 3 Conditions that define work as "completed"
of DUI or a traffic felony over the prior 3 years - ANSWER -1.When all work called for in
are required to have 100/300/50 coverage or a the contract is completed.
certificate of self insurance of $350,000. 2.When all work to be done at the site has been
completed if one contract calls for work at more
than one site.
3.When that part of the work done at a job site
Contents of a CGL Contract - ANSWER - has been put to its intended use by any person or
1.Declarations Form organization other than another contractor or
2.Common Policy Conditions Form subcontractor.
3. One of:
A.Occurrence Form
B.Claims Made Form
4.Nuclear Energy Liability Exclusion Occurance - ANSWER -An accident,
Endorsement. including continuous or repeated exposure to
substantially the same general harmful
conditions.
Declarations of a CGL Contract(4) -
ANSWER -1.Named Insured(including
address) accident - ANSWER -Sudden, unexpected
1/9
, Florida Public Adjuster State Test Questions with Verified
Answers Graded A+
event If a unit is co-owned, May one co-owner be
insured as the renter(HO-4)? - ANSWER -
Yes
The Difference between "Occurance" and
"Claims Made" CGL Coverages -
ANSWER -The Coverage Trigger: What are the two main divisions of a Home
The Occurance Form applies to BI and PD Owners Form? - ANSWER -Section I-
regardless of any later time at which the claim is Property
made. &
The Claims-Made Form applies only to BI and Section II-Liability
PD that occurs on or after the "Retro-Active date"
4 Subsections of Section I of a Property
Retro-Active Date - ANSWER -The date on Coverage Policy - ANSWER -1. Coverages
which the coverage legally began. 2.Perils Insured Against
3.Exclusions
4.Conditions
Basic Extended Reporting Period for CGL -
ANSWER -60 Days after expiration
Who determines how much HO-6 coverages a
Condominium Owner needs? - ANSWER -
The Association
Why is the term "Coverage Trigger" misleading?
- ANSWER -Because it intends to refer to
the time period during which the insurance
contract is in effect. Homeowners Coverage A - ANSWER -
"Dwelling" covers the dwelling building and
structures attached; also construction materials
and supplies on or adjacent to the premises.
Umbrella - ANSWER -Covers Excessive
Liability
Homeowners Coverage B - ANSWER -
"Other Structures" covers private structures on
A Homeowners Policy consists of(3 the residence premises that are not attached to
components): - ANSWER -1.Declarations the main dwelling.
2.One of 6 Homeowners forms
3.Mandatory and optional endorsements
4 Examples of "Other Structures" Per Coverage
B of a Homeowner's policy(book gives 5) -
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