ADJUSTER PRO TEXAS FINAL PAPER 2026
EXAM QUESTIONS AND CORRECT
ANSWERS
⩥ Zane's farmhouse was burglarized. The thieves stole his $4,000 sofa,
his $3,000 silverware collection, and his $5,000 watch. Under Zane's
farm insurance policy, which has a Coverage A limit of $150,000, how
much can he expect to receive in indemnification for this loss, assuming
there are no endorsements and ignoring any deductibles? Answer:
$9,000
⩥ Acme Construction is in charge of building a new subdivision in the
city, and hires Jim's Masonry to lay the foundations. As part of the deal,
Jim's Masonry is required to purchase Owners & Contractors Protective
Liability to protect Acme Construction in the event Jim makes a mistake
that results in a liability claim. Who will be listed as the named insured
on this policy? Answer:
⩥ John has purchased a homeowners insurance policy with a percentage
deductible based on the total limit of insurance for his home. John
insures his home for $600,000, and the policy includes a 3% deductible.
A huge thunderstorm passes through one night and blows the roof off his
house. The insurance company estimates that covered damage totals
$80,000. How much indemnification should John expect for the losses to
his roof? Answer: $62,000
,⩥ Which of the following statements regarding health insurance is
TRUE? Answer: To be covered, members of an HMO must receive
treatment for their medical conditions within the established network of
healthcare providers.
⩥ Which of the following statements best describes the Law of Large
Numbers? Answer:
⩥ Which of the following is FALSE about Workers' Compensation
insurance? Answer:
⩥ ABC Construction recently won a bid to reconstruct the town park.
After a few months of work, ABC Construction realizes they won't make
any money on the project and walk away, leaving the park half-finished.
Luckily, the town had required ABC Construction to hold a surety bond
from Parker Sureties, who can now step in to finance the completion of
the job. Which of the following statements is TRUE? Answer:
⩥ Which of the following refers to being restored to the financial
condition you were in before a loss? Answer:
⩥ The Valuable Papers and Records floater can cover losses to all of the
following, EXCEPT: Answer: securities.
, ⩥ Which of the following incidents would a liability insurance policy
cover? Answer:
⩥ Which of the following highlights a major difference between an
insurance contract and a surety bond? Answer:
⩥ Which of the following coverage options does NOT waive the
coinsurance requirement in a commercial property policy? Answer:
⩥ The purpose of the principle of indemnity is: Answer: to prevent an
insured from making a profit on a loss.
⩥ The open enrollment period for a Medicare Supplement policy starts
when a person turns ____ and enrolls in Medicare, and lasts for ____.
Answer:
⩥ Which of the following statements is FALSE? Answer:
⩥ Which of the following can NOT cover the death of the insured's cow
due to a lightning strike? Answer:
⩥ Which building would fall under a General Property Form flood
insurance policy? Answer:
EXAM QUESTIONS AND CORRECT
ANSWERS
⩥ Zane's farmhouse was burglarized. The thieves stole his $4,000 sofa,
his $3,000 silverware collection, and his $5,000 watch. Under Zane's
farm insurance policy, which has a Coverage A limit of $150,000, how
much can he expect to receive in indemnification for this loss, assuming
there are no endorsements and ignoring any deductibles? Answer:
$9,000
⩥ Acme Construction is in charge of building a new subdivision in the
city, and hires Jim's Masonry to lay the foundations. As part of the deal,
Jim's Masonry is required to purchase Owners & Contractors Protective
Liability to protect Acme Construction in the event Jim makes a mistake
that results in a liability claim. Who will be listed as the named insured
on this policy? Answer:
⩥ John has purchased a homeowners insurance policy with a percentage
deductible based on the total limit of insurance for his home. John
insures his home for $600,000, and the policy includes a 3% deductible.
A huge thunderstorm passes through one night and blows the roof off his
house. The insurance company estimates that covered damage totals
$80,000. How much indemnification should John expect for the losses to
his roof? Answer: $62,000
,⩥ Which of the following statements regarding health insurance is
TRUE? Answer: To be covered, members of an HMO must receive
treatment for their medical conditions within the established network of
healthcare providers.
⩥ Which of the following statements best describes the Law of Large
Numbers? Answer:
⩥ Which of the following is FALSE about Workers' Compensation
insurance? Answer:
⩥ ABC Construction recently won a bid to reconstruct the town park.
After a few months of work, ABC Construction realizes they won't make
any money on the project and walk away, leaving the park half-finished.
Luckily, the town had required ABC Construction to hold a surety bond
from Parker Sureties, who can now step in to finance the completion of
the job. Which of the following statements is TRUE? Answer:
⩥ Which of the following refers to being restored to the financial
condition you were in before a loss? Answer:
⩥ The Valuable Papers and Records floater can cover losses to all of the
following, EXCEPT: Answer: securities.
, ⩥ Which of the following incidents would a liability insurance policy
cover? Answer:
⩥ Which of the following highlights a major difference between an
insurance contract and a surety bond? Answer:
⩥ Which of the following coverage options does NOT waive the
coinsurance requirement in a commercial property policy? Answer:
⩥ The purpose of the principle of indemnity is: Answer: to prevent an
insured from making a profit on a loss.
⩥ The open enrollment period for a Medicare Supplement policy starts
when a person turns ____ and enrolls in Medicare, and lasts for ____.
Answer:
⩥ Which of the following statements is FALSE? Answer:
⩥ Which of the following can NOT cover the death of the insured's cow
due to a lightning strike? Answer:
⩥ Which building would fall under a General Property Form flood
insurance policy? Answer:
