10/4/25, 6:24 AM CA Adjusters License PSI Exam 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) UPDATE!! Flashcards | …
CA Adjusters License PSI Exam 2025 (Actual
Exam) Questions with verified Answers (Latest
Update 2025) UPDATE!!
Save
Terms in this set (115)
Other structures are Used for business purposes is correct.
excluded from coverage EXPLANATION:
under the HO-3 when they When the other structures are used for business
are: purposes they are not covered under the homeowner
form. This structure and its contents could be covered
Smaller than 100 square under a commercial property policy. An exception
feet or larger than 1,000 would be a detached structure used to store business
square feet property of a non-flammable, non-gaseous nature.
Smaller than 100 square
feet or larger than 500
square feet
Used for storage
purposes
Used for business
purposes
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,10/4/25, 6:24 AM CA Adjusters License PSI Exam 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) UPDATE!! Flashcards | …
An insurance company 5 is correct.
must give how many days EXPLANATION:
notice of cancellation for The cancellation changes endorsement is the
a vacancy of more than 60 "mandatory endorsement" referred to in the question.
days, when the In California, the endorsement must be included in
government has ordered every commercial property policy. It allows
demolition, or when fixed cancellation by the insurer with 5 days' notice for
items are being removed several reasons: vacancy or unoccupancy for 60 or
and not replaced? more days; damages from a prior covered loss haven't
been started; the government has ordered demolition
5 or to vacate; fixed items are being removed and not
21 replaced; and, utilities are shut off for 30 or more
10 days, or property taxes are more than one year past
30 due.
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,10/4/25, 6:24 AM CA Adjusters License PSI Exam 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) UPDATE!! Flashcards | …
Upon request made by In writing and mailed to the consumer within 5 days of
the consumer, a person the request..
who procures an EXPLANATION:
investigative consumer This disclosure must be made in writing and mailed or
report on the consumer otherwise delivered to the consumer no later than five
must make a complete days after the date on which the request for the
and accurate disclosure to disclosure was received from the consumer.
the consumer of the
nature of the report and
investigation within:
In writing and mailed to
the consumer within 30
days of the request.
In writing and mailed to
the consumer within 15
days of the request.
In writing and mailed to
the consumer within 10
days of the request.
In writing and mailed to
the consumer within 5
days of the request.
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, 10/4/25, 6:24 AM CA Adjusters License PSI Exam 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) UPDATE!! Flashcards | …
The insured has primary The correct answer is: The insured was sued for
bodily injury and property $10,000 in bodily injury damages.
damage liability coverage
with a $100,000 limit, and a EXPLANATION:
$1 million umbrella liability The claim would fall under the underlying coverage
policy with a $5,000 self- and not the umbrella because the underlying
insured retention limit. In coverage has sufficient limits in place.
which one of the following
situations would the Question 5 of 100
insured's umbrella liability
policy typically not
provide defense
coverage?
Answer Choices: Select
the Correct Answer
Five people sued the
insured for property
damage arising out of one
occurrence. One of the
cases was settled out of
court for $100,000.
The insured was sued for
$150,000 in personal injury
damages.
The insured was sued for
$10,000 in bodily injury
damages.
The umbrella liability
policy would provide a
defense in all three cases.
https://quizlet.com/1087132169/ca-adjusters-license-psi-exam-2025-actual-exam-questions-with-verified-answers-latest-update-2025-update-flash-ca… 4/63
CA Adjusters License PSI Exam 2025 (Actual
Exam) Questions with verified Answers (Latest
Update 2025) UPDATE!!
Save
Terms in this set (115)
Other structures are Used for business purposes is correct.
excluded from coverage EXPLANATION:
under the HO-3 when they When the other structures are used for business
are: purposes they are not covered under the homeowner
form. This structure and its contents could be covered
Smaller than 100 square under a commercial property policy. An exception
feet or larger than 1,000 would be a detached structure used to store business
square feet property of a non-flammable, non-gaseous nature.
Smaller than 100 square
feet or larger than 500
square feet
Used for storage
purposes
Used for business
purposes
https://quizlet.com/1087132169/ca-adjusters-license-psi-exam-2025-actual-exam-questions-with-verified-answers-latest-update-2025-update-flash-ca… 1/63
,10/4/25, 6:24 AM CA Adjusters License PSI Exam 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) UPDATE!! Flashcards | …
An insurance company 5 is correct.
must give how many days EXPLANATION:
notice of cancellation for The cancellation changes endorsement is the
a vacancy of more than 60 "mandatory endorsement" referred to in the question.
days, when the In California, the endorsement must be included in
government has ordered every commercial property policy. It allows
demolition, or when fixed cancellation by the insurer with 5 days' notice for
items are being removed several reasons: vacancy or unoccupancy for 60 or
and not replaced? more days; damages from a prior covered loss haven't
been started; the government has ordered demolition
5 or to vacate; fixed items are being removed and not
21 replaced; and, utilities are shut off for 30 or more
10 days, or property taxes are more than one year past
30 due.
https://quizlet.com/1087132169/ca-adjusters-license-psi-exam-2025-actual-exam-questions-with-verified-answers-latest-update-2025-update-flash-ca… 2/63
,10/4/25, 6:24 AM CA Adjusters License PSI Exam 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) UPDATE!! Flashcards | …
Upon request made by In writing and mailed to the consumer within 5 days of
the consumer, a person the request..
who procures an EXPLANATION:
investigative consumer This disclosure must be made in writing and mailed or
report on the consumer otherwise delivered to the consumer no later than five
must make a complete days after the date on which the request for the
and accurate disclosure to disclosure was received from the consumer.
the consumer of the
nature of the report and
investigation within:
In writing and mailed to
the consumer within 30
days of the request.
In writing and mailed to
the consumer within 15
days of the request.
In writing and mailed to
the consumer within 10
days of the request.
In writing and mailed to
the consumer within 5
days of the request.
https://quizlet.com/1087132169/ca-adjusters-license-psi-exam-2025-actual-exam-questions-with-verified-answers-latest-update-2025-update-flash-ca… 3/63
, 10/4/25, 6:24 AM CA Adjusters License PSI Exam 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) UPDATE!! Flashcards | …
The insured has primary The correct answer is: The insured was sued for
bodily injury and property $10,000 in bodily injury damages.
damage liability coverage
with a $100,000 limit, and a EXPLANATION:
$1 million umbrella liability The claim would fall under the underlying coverage
policy with a $5,000 self- and not the umbrella because the underlying
insured retention limit. In coverage has sufficient limits in place.
which one of the following
situations would the Question 5 of 100
insured's umbrella liability
policy typically not
provide defense
coverage?
Answer Choices: Select
the Correct Answer
Five people sued the
insured for property
damage arising out of one
occurrence. One of the
cases was settled out of
court for $100,000.
The insured was sued for
$150,000 in personal injury
damages.
The insured was sued for
$10,000 in bodily injury
damages.
The umbrella liability
policy would provide a
defense in all three cases.
https://quizlet.com/1087132169/ca-adjusters-license-psi-exam-2025-actual-exam-questions-with-verified-answers-latest-update-2025-update-flash-ca… 4/63
