Texas All Lines Adjuster Exam– Brand New 2025
Edition |Questions with Verified Correct Answers
Whatis thefailureto usethatdegreeof carewhichn ordinary person of reasonable
prudence would use under similar circumstances?
- ANSWER..> Negligence
Whatis a situationinvolvinga personotherthanan insured?- ANSWER..> Third Party
Loss
Whatis theresponsibilityto anotherfor one'snegligence?- ANSWER..> Liability
Maryhas a homeowner'spolicy.Her CoverageA limit of liability is$250,000and her
CoverageB limit of liabilityis $125,000.Her policy has a 2% deductible. What is her
deductible?- ANSWER..> $5,000
The part of the insurance policy that details the rights and duties
of theinsuredand the
insurancecompanyin thepolicy?
- ANSWER..> Conditions
What is a partial legal defense that reduces the amount of damages
thata personcan
recoverbasedupontheamount that this person's own negligence contributed to the
loss? - ANSWER..> Comparative Negligence
Value of propertybasedon thecurrentcostto replaceit minus depreciation?-
ANSWER..> Actual Cash Vale
, This typeof Auto Coveragepaysfor your damagesif you were involved in a hit and run:
- ANSWER..> Uninsured Motorist
Whatis thecostassociatedwithreplacingpropertyat current market prices?
-
ANSWER..> Replacement Cost
The process when an insurer and insured have a dispute regarding
theamountof the
damage:- ANSWER..> Appraisal
The intentionalmisrepresentation
of a materialfactthatmay void a contract?
-
ANSWER..> Fraud
Whatis thetypeof negotiationthatis alsosometimescalled positional or hard
-
bargaining?- ANSWER..> Distributive
An eventthatresultsin an insuredlossand damages?- ANSWER..> Occurrence
Whatis theperioda policy is in force,from thebeginningor effective date?
-
ANSWER..> Policy Period
The amounttheinsuredmustpay in a loss beforeany payment is due?- ANSWER..>
Deductible
The insurermustreviewtheclaim and acceptor rejectwithin how many days?
-
ANSWER..> 15 calendar
2
Page
Edition |Questions with Verified Correct Answers
Whatis thefailureto usethatdegreeof carewhichn ordinary person of reasonable
prudence would use under similar circumstances?
- ANSWER..> Negligence
Whatis a situationinvolvinga personotherthanan insured?- ANSWER..> Third Party
Loss
Whatis theresponsibilityto anotherfor one'snegligence?- ANSWER..> Liability
Maryhas a homeowner'spolicy.Her CoverageA limit of liability is$250,000and her
CoverageB limit of liabilityis $125,000.Her policy has a 2% deductible. What is her
deductible?- ANSWER..> $5,000
The part of the insurance policy that details the rights and duties
of theinsuredand the
insurancecompanyin thepolicy?
- ANSWER..> Conditions
What is a partial legal defense that reduces the amount of damages
thata personcan
recoverbasedupontheamount that this person's own negligence contributed to the
loss? - ANSWER..> Comparative Negligence
Value of propertybasedon thecurrentcostto replaceit minus depreciation?-
ANSWER..> Actual Cash Vale
, This typeof Auto Coveragepaysfor your damagesif you were involved in a hit and run:
- ANSWER..> Uninsured Motorist
Whatis thecostassociatedwithreplacingpropertyat current market prices?
-
ANSWER..> Replacement Cost
The process when an insurer and insured have a dispute regarding
theamountof the
damage:- ANSWER..> Appraisal
The intentionalmisrepresentation
of a materialfactthatmay void a contract?
-
ANSWER..> Fraud
Whatis thetypeof negotiationthatis alsosometimescalled positional or hard
-
bargaining?- ANSWER..> Distributive
An eventthatresultsin an insuredlossand damages?- ANSWER..> Occurrence
Whatis theperioda policy is in force,from thebeginningor effective date?
-
ANSWER..> Policy Period
The amounttheinsuredmustpay in a loss beforeany payment is due?- ANSWER..>
Deductible
The insurermustreviewtheclaim and acceptor rejectwithin how many days?
-
ANSWER..> 15 calendar
2
Page
