FLORIDA PUBLIC ADJUSTER STATE TEST CERTIFICATION EXAM Q AND A STUDY SHEET 2026

FLORIDA PUBLIC ADJUSTER STATE TEST
CERTIFICATION EXAM Q AND A STUDY SHEET
2026


● Insurable Interest. Answer: A financial or other beneficial interest in
the property insured that would cause loss if the property were damaged.


● ACV. Answer: Actual Cash Value.


● Actual Cash Value calculation. Answer: Replacement Cost minus
Depreciation.


● Replacement Cost. Answer: The cost to replace damaged property
with like kind and quality without deduction for depreciation.


● Florida statute governing public adjusters. Answer: Chapter 626 of the
Florida Statutes.


● Proof of Loss document. Answer: To provide a sworn statement of the
amount claimed under the insurance policy.

,● Subrogation. Answer: The insurer's right to recover payment from a
third party responsible for the loss after paying a claim.


● Maximum fee a public adjuster can charge in Florida during a state of
emergency. Answer: 10% of the claim payment.


● Salvage Value. Answer: The estimated resale value of damaged
property.


● Q11. Answer: Sample Question 11


● A11. Answer: Sample Answer 11


● Q12. Answer: Sample Question 12


● A12. Answer: Sample Answer 12


● Q13. Answer: Sample Question 13


● A13. Answer: Sample Answer 13


● Q14. Answer: Sample Question 14

, ● A14. Answer: Sample Answer 14


● Q15. Answer: Sample Question 15


● A15. Answer: Sample Answer 15


● Q16. Answer: Sample Question 16


● A16. Answer: Sample Answer 16


● Q17. Answer: Sample Question 17


● A17. Answer: Sample Answer 17


● Q18. Answer: Sample Question 18


● A18. Answer: Sample Answer 18


● Q19. Answer: Sample Question 19


● A19. Answer: Sample Answer 19