GEORGIA CLAIMS ADJUSTER LICENSING EXAM
2025-2026 GA CLAIMS ADJUSTER EXAM 130
QUESTIONS AND CORRECT DETAILED ANSWERS
WITH RATIONALES
What |coverage |does |Community |Eligibility |apply |to? |- |answer-Flood |insurance |through |FEMA
What's |the |difference |between |Emergency |Program |and |Regular |Program |in |the |National |Flood
|Insurance |Program? |- |answer-Emergency |applies |to |homes |in |communities |that |are |a |normally |not |a
|flood |hazard. |Regular |programs |are |awarded |to |an |entire |community |that |is |eligible |due |to |flood
|hazard.
What |is |the |flood |coverage |on |a |regular |program |in |a |1-4 |Family |Dwelling? |- |answer-$250,000
On |what |policy |can |you |add |the |Flood |Program |endorsement? |- |answer-None! |It |has |its |own |policy
|through |the |Federal |Government.
Difference |in |Conditions |(DIC) |Insurance |- |answer-A |separate |insurance |policy |that |provides |open-perils
|coverage |to |fill |in |the |gaps |left |by |flood |coverage |if |a |home |is |worth |over |$250K. |Coverage |is
|produced |through |Excess/Surplus |Lines.
What |is |the |waiting |period |on |NFIP |coverage? |- |answer-30 |days |after |policy |purchase
What |is |the |coverage |change |waiting |period |for |the |NFIP? |- |answer-5 |days
Give |examples |of |the |flood |peril |- |answer-- |an |overflow |of |inland |or |tidal |waters
- unusual |or |rapid |accumulation |or |runoff |of |surface |waters
-Mudflow |or |Mudslide
- Collapse |of |land |along |the |shore |of |a |lake |as |a |result |of |erosion
What |kinds |of |things |does |flood |insurance |cover? |- |answer-Your |house |and |your |things |(dwelling |and
|personal |property). |No |indirect |charges.
,Dwelling |coverage |extension |for |flood |insurance |covers |what? |How |much |is |it? |- |answer-Structures |not
|attached |to |dwelling |(O.S. |or |Appurtenant |structures). |10% |of |Dwelling |limit. |***It |is |an |extension |of
|coverage, |NOT |the |$250K |limit |so |any |coverage |needed |here |will |reduce |the |amount |able |to |go |to
|the |dwelling.
Contents |coverage |of |flood |insurance |is |limited |to |what? |- |answer-Personal |property |damaged |or
|destroyed |by |the |flood |itself |and |belongs |to |insured |and |resident |spouse/relatives. |The |insured |is
|liable |for |content |of |others.
What |are |the |coverages |of |flood |insurance? |- |answer-Dwelling, |Contents, |Debris |Removal
How |are |damaged |items |valued |in |flood |coverage? |- |answer-Dwelling |- |replacement |cost
Contents |- |Actual |Cash |Value
|
What |kind |of |property |is |not |covered |by |flood |insurance? |- |answer-Basements |and |underground
|structure |(ex. |septic |tanks), |animals, |money/accounts/bills, |land, |anything |else |covered |by |other
|policies |(motor |vehicles, |aircraft, |watercraft)
Loss |Valuation |on |flood |insurance |- |answer-(amount |of |insurance |purchased/80% |Dwellings |Total
|replacement |cost) |x |Loss |Amount
Standard |deductible |on |flood |insurance |- |answer-$1K |for |Dwelling |and |$1K |for |Content
Personal |Inland |Marine |Insurance |- |answer-Floaters |or |policies |for |world-wide |coverage |of |personal
|property |on |an |open-peril |basis.
Is |flood |excluded |from |Personal |Inland |Marine |Insurance? |- |answer-NOPE. |It's |covered!
What |are |the |floaters |available |on |Personal |Inland |Marine |Insurance? |- |answer-Personal
|Articles |Floaters, |Personal |Property |Floaters, |and |Personal |Effects |Floaters
What |perils |are |covered |under |Personal |Inland |Marine |Insurance |floaters? |- |answer-all; |open-peril
, Which |PIMI |floater |would |be |appropriate |for |a |diamond |ring? |Why? |- |answer-Personal |Articles |Floater
|- |itemizes |valuables |such |as |jewelry |and |furs
What |is |a |Personal |Effects |Floater |good |for? |What |deductible |does |it |have? |- |answer-world-wide
|open |peril |coverage |of |personal |property |for |people |who |are |traveling |- |luggage, |sports |equipment,
|clothes, |and |camera. |NO |DEDUCTIBLE.
What |is |a |Personal |Property |Floater |good |for? |What |kind |of |limit |do |they |have? |- |answer-World-
wide |open |peril |coverage |of |personal |property |- |usually |for |special |occasions |like |weddings |or
|exhibitions. |There |is |a |blanket |limit!
Does |personal |inland |marine |insurance |cover |flood? |- |answer-Yes. |Somehow.
All |of |the |following |coverage |is |available |under |a |Standard |Flood |Insurance |Policy |issued |by |the
|National |Flood |Insurance |Program |except:
a. Loss |of |Use
b. Dwelling
c. Personal |Property
d. Removal |- |answer-A. |Loss |of |Use
The |maximum |number |of |days |that |a |Standard |Flood |Insurance |Policy |will |cover |property |removed |is:
a. 15 |days
b. 20 |days
c. 30 |days
d. 45 |days |- |answer-d. |45 |days
If |the |limits |of |insurance |available |under |the |National |Flood |Insurance |Program |are |inadequate, |where
|can |additional |coverage |be |purchased?
a. Homeowners |Flood |Endorsement
b. Excess |Flood |Endorsement
2025-2026 GA CLAIMS ADJUSTER EXAM 130
QUESTIONS AND CORRECT DETAILED ANSWERS
WITH RATIONALES
What |coverage |does |Community |Eligibility |apply |to? |- |answer-Flood |insurance |through |FEMA
What's |the |difference |between |Emergency |Program |and |Regular |Program |in |the |National |Flood
|Insurance |Program? |- |answer-Emergency |applies |to |homes |in |communities |that |are |a |normally |not |a
|flood |hazard. |Regular |programs |are |awarded |to |an |entire |community |that |is |eligible |due |to |flood
|hazard.
What |is |the |flood |coverage |on |a |regular |program |in |a |1-4 |Family |Dwelling? |- |answer-$250,000
On |what |policy |can |you |add |the |Flood |Program |endorsement? |- |answer-None! |It |has |its |own |policy
|through |the |Federal |Government.
Difference |in |Conditions |(DIC) |Insurance |- |answer-A |separate |insurance |policy |that |provides |open-perils
|coverage |to |fill |in |the |gaps |left |by |flood |coverage |if |a |home |is |worth |over |$250K. |Coverage |is
|produced |through |Excess/Surplus |Lines.
What |is |the |waiting |period |on |NFIP |coverage? |- |answer-30 |days |after |policy |purchase
What |is |the |coverage |change |waiting |period |for |the |NFIP? |- |answer-5 |days
Give |examples |of |the |flood |peril |- |answer-- |an |overflow |of |inland |or |tidal |waters
- unusual |or |rapid |accumulation |or |runoff |of |surface |waters
-Mudflow |or |Mudslide
- Collapse |of |land |along |the |shore |of |a |lake |as |a |result |of |erosion
What |kinds |of |things |does |flood |insurance |cover? |- |answer-Your |house |and |your |things |(dwelling |and
|personal |property). |No |indirect |charges.
,Dwelling |coverage |extension |for |flood |insurance |covers |what? |How |much |is |it? |- |answer-Structures |not
|attached |to |dwelling |(O.S. |or |Appurtenant |structures). |10% |of |Dwelling |limit. |***It |is |an |extension |of
|coverage, |NOT |the |$250K |limit |so |any |coverage |needed |here |will |reduce |the |amount |able |to |go |to
|the |dwelling.
Contents |coverage |of |flood |insurance |is |limited |to |what? |- |answer-Personal |property |damaged |or
|destroyed |by |the |flood |itself |and |belongs |to |insured |and |resident |spouse/relatives. |The |insured |is
|liable |for |content |of |others.
What |are |the |coverages |of |flood |insurance? |- |answer-Dwelling, |Contents, |Debris |Removal
How |are |damaged |items |valued |in |flood |coverage? |- |answer-Dwelling |- |replacement |cost
Contents |- |Actual |Cash |Value
|
What |kind |of |property |is |not |covered |by |flood |insurance? |- |answer-Basements |and |underground
|structure |(ex. |septic |tanks), |animals, |money/accounts/bills, |land, |anything |else |covered |by |other
|policies |(motor |vehicles, |aircraft, |watercraft)
Loss |Valuation |on |flood |insurance |- |answer-(amount |of |insurance |purchased/80% |Dwellings |Total
|replacement |cost) |x |Loss |Amount
Standard |deductible |on |flood |insurance |- |answer-$1K |for |Dwelling |and |$1K |for |Content
Personal |Inland |Marine |Insurance |- |answer-Floaters |or |policies |for |world-wide |coverage |of |personal
|property |on |an |open-peril |basis.
Is |flood |excluded |from |Personal |Inland |Marine |Insurance? |- |answer-NOPE. |It's |covered!
What |are |the |floaters |available |on |Personal |Inland |Marine |Insurance? |- |answer-Personal
|Articles |Floaters, |Personal |Property |Floaters, |and |Personal |Effects |Floaters
What |perils |are |covered |under |Personal |Inland |Marine |Insurance |floaters? |- |answer-all; |open-peril
, Which |PIMI |floater |would |be |appropriate |for |a |diamond |ring? |Why? |- |answer-Personal |Articles |Floater
|- |itemizes |valuables |such |as |jewelry |and |furs
What |is |a |Personal |Effects |Floater |good |for? |What |deductible |does |it |have? |- |answer-world-wide
|open |peril |coverage |of |personal |property |for |people |who |are |traveling |- |luggage, |sports |equipment,
|clothes, |and |camera. |NO |DEDUCTIBLE.
What |is |a |Personal |Property |Floater |good |for? |What |kind |of |limit |do |they |have? |- |answer-World-
wide |open |peril |coverage |of |personal |property |- |usually |for |special |occasions |like |weddings |or
|exhibitions. |There |is |a |blanket |limit!
Does |personal |inland |marine |insurance |cover |flood? |- |answer-Yes. |Somehow.
All |of |the |following |coverage |is |available |under |a |Standard |Flood |Insurance |Policy |issued |by |the
|National |Flood |Insurance |Program |except:
a. Loss |of |Use
b. Dwelling
c. Personal |Property
d. Removal |- |answer-A. |Loss |of |Use
The |maximum |number |of |days |that |a |Standard |Flood |Insurance |Policy |will |cover |property |removed |is:
a. 15 |days
b. 20 |days
c. 30 |days
d. 45 |days |- |answer-d. |45 |days
If |the |limits |of |insurance |available |under |the |National |Flood |Insurance |Program |are |inadequate, |where
|can |additional |coverage |be |purchased?
a. Homeowners |Flood |Endorsement
b. Excess |Flood |Endorsement
