TEXAS ALL LINES ADJUSTER EXAM BRAND NEW!!
(200+ QUESTIONS AND CORRECT ANSWERS)
VERIFIED ANSWERS || Updated 2025.
What is thefailureto usethatdegreeof carewhich n ordinarypersonof reasonableprudencewoulduse under similar
circumstances?
Negligence
What is a situationinvolving a personotherthanan insured? Third
Party Loss
What is theresponsibilityto anotherfor one'snegligence?Liability
Mary hasa homeowner'spolicy.Her CoverageA limit of liability is $250,000and her CoverageB limit of liability is
$125,000. Her policy has a 2% deductible. What is her deductible?
$5,000
The partof theinsurancepolicy thatdetailstherightsand dutiesof theinsuredand theinsurance company in
the policy?
Conditions
,What is a partiallegaldefensethatreducestheamountof damagesthata personcan recoverbased upon the
amount that this person's own negligence contributed to the loss?
ComparativeNegligence
Value of propertybasedon thecurrentcostto replaceit minus depreciation? Actual
Cash Vale
This typeof Auto Coveragepaysfor your damagesif you wereinvolvedin a hit and run: Uninsured
Motorist
What is thecostassociatedwithreplacingpropertyat currentmarketprices?
Replacement Cost
The processwhenan insurerand insuredhavea disputeregardingtheamountof thedamage:Appraisal
The intentionalmisrepresentation
of a materialfactthatmay void a contract?Fraud
What is thetypeof negotiationthatis alsosometimescalledpositionalor hard-bargaining?Distributive
,An eventthatresultsin an insuredloss and damages?Occurrence
What is theperioda policy is in force,from thebeginningor effectivedate? Policy
Period
The amounttheinsuredmustpay in a lossbeforeany paymentis due?Deductible
The insurermustreviewtheclaim and acceptor rejectwithinhowmanydays? 15
calendar
Oral or writtenfalsestatementthatis maliciousDefamation
Time requirementsdoesthepolicy holderhaveto completetherequirementsthattheinsurerhas requested?
No requirements
Days for insurerto paytheclaim 5
business
, Insurer mustacknowledgetheclaim begintheinvestigation,and requestall theinformationneededin what time
frame?
15 Calendardays
What mustan insurerprovidefor thedeclination,cancellation,or nonrenewalof an insurancepolicy? Written
Statement
Establishedin 1991to ensurepromptpaymentof insuranceclaims? Article
21.55
An insurer may not consider a as a basisfor declination?
Customer Inquiry
An insurermay refuseto renewa policy if theinsurerhas mailednoticeof nonrenewalto theinsuredat least
days before the policy's expiration date?
30
If theinsurerneedsadditionaltimeto evaluateand investigatea claim, theycan requesthowmany additional
days?
45 CalendarDays
Under theTexas HO -B, thestructureis coveredfor whattypeof losses? All
risk of physical loss, unless excluded
(200+ QUESTIONS AND CORRECT ANSWERS)
VERIFIED ANSWERS || Updated 2025.
What is thefailureto usethatdegreeof carewhich n ordinarypersonof reasonableprudencewoulduse under similar
circumstances?
Negligence
What is a situationinvolving a personotherthanan insured? Third
Party Loss
What is theresponsibilityto anotherfor one'snegligence?Liability
Mary hasa homeowner'spolicy.Her CoverageA limit of liability is $250,000and her CoverageB limit of liability is
$125,000. Her policy has a 2% deductible. What is her deductible?
$5,000
The partof theinsurancepolicy thatdetailstherightsand dutiesof theinsuredand theinsurance company in
the policy?
Conditions
,What is a partiallegaldefensethatreducestheamountof damagesthata personcan recoverbased upon the
amount that this person's own negligence contributed to the loss?
ComparativeNegligence
Value of propertybasedon thecurrentcostto replaceit minus depreciation? Actual
Cash Vale
This typeof Auto Coveragepaysfor your damagesif you wereinvolvedin a hit and run: Uninsured
Motorist
What is thecostassociatedwithreplacingpropertyat currentmarketprices?
Replacement Cost
The processwhenan insurerand insuredhavea disputeregardingtheamountof thedamage:Appraisal
The intentionalmisrepresentation
of a materialfactthatmay void a contract?Fraud
What is thetypeof negotiationthatis alsosometimescalledpositionalor hard-bargaining?Distributive
,An eventthatresultsin an insuredloss and damages?Occurrence
What is theperioda policy is in force,from thebeginningor effectivedate? Policy
Period
The amounttheinsuredmustpay in a lossbeforeany paymentis due?Deductible
The insurermustreviewtheclaim and acceptor rejectwithinhowmanydays? 15
calendar
Oral or writtenfalsestatementthatis maliciousDefamation
Time requirementsdoesthepolicy holderhaveto completetherequirementsthattheinsurerhas requested?
No requirements
Days for insurerto paytheclaim 5
business
, Insurer mustacknowledgetheclaim begintheinvestigation,and requestall theinformationneededin what time
frame?
15 Calendardays
What mustan insurerprovidefor thedeclination,cancellation,or nonrenewalof an insurancepolicy? Written
Statement
Establishedin 1991to ensurepromptpaymentof insuranceclaims? Article
21.55
An insurer may not consider a as a basisfor declination?
Customer Inquiry
An insurermay refuseto renewa policy if theinsurerhas mailednoticeof nonrenewalto theinsuredat least
days before the policy's expiration date?
30
If theinsurerneedsadditionaltimeto evaluateand investigatea claim, theycan requesthowmany additional
days?
45 CalendarDays
Under theTexas HO -B, thestructureis coveredfor whattypeof losses? All
risk of physical loss, unless excluded
