NM Adjuster Exam || Most Recent Exam 2025|2026 Actual
Complete Real Exam Questions And Correct Answers
(Verified Answers) Already Graded A+ | Newest Exam |
Just Released!!
A policyholder who does not currently have Comprehensive
Coverage, but would like to add it to a newly purchased vehicle,
must notify the insurer within:
- ANSWER-4 days
Cheney owns a construction company in New Mexico. How
many employees does Cheney have to have in order to be
required by law to purchase workers' compensation coverage
for them? - ANSWER-1
While reviewing a homeowners policy, you may find all of the
following listed as an insured's duty after a loss, EXCEPT: -
ANSWER-provide the insurer with a loss estimate from an
appraiser.
Which of the following is NOT an endorsement commonly
added to a Dwelling
Policy? - ANSWER-Annual
Depreciation
Lawrence is 24, but he gives his age as 26 on his car insurance
application because he hopes this will get him a better rate.
Lawrence's actions could best be described as - ANSWER-
misrepresentation.
, Simon just bought his first home-a cheap fixer-upper in a town
where average snowfall exceeds 80 inches per year. It may be
an old house in a run-down neighborhood, but he still wants to
protect his initial investment. What is the cheapest policy
option that would protect Simon's financial interest in his
home, even in the brutal winters? - ANSWER-HO-2
For the purposes of workers' compensation insurance, an
employee's Average
Weekly Wage is determined by averaging the employee's
pay in the weeks
leading up to the injury. -
ANSWER-26
Which of the following situations does NOT involve
misrepresentation? - ANSWER-Atticus manages an insurance
agency and posts the salespeoples' numbers publicly each
month, to promote competition.
What does it mean when we say that an adjuster has the
"power to bind"? -
ANSWER-The principal is bound to the decisions the
adjuster makes.
James has purchased a collection of antique furniture to sell to
fine furniture dealers in the United States. James is moving the
entire collection from Shanghai to Los Angeles in one
shipment, and wants to purchase insurance for his cargo,
Complete Real Exam Questions And Correct Answers
(Verified Answers) Already Graded A+ | Newest Exam |
Just Released!!
A policyholder who does not currently have Comprehensive
Coverage, but would like to add it to a newly purchased vehicle,
must notify the insurer within:
- ANSWER-4 days
Cheney owns a construction company in New Mexico. How
many employees does Cheney have to have in order to be
required by law to purchase workers' compensation coverage
for them? - ANSWER-1
While reviewing a homeowners policy, you may find all of the
following listed as an insured's duty after a loss, EXCEPT: -
ANSWER-provide the insurer with a loss estimate from an
appraiser.
Which of the following is NOT an endorsement commonly
added to a Dwelling
Policy? - ANSWER-Annual
Depreciation
Lawrence is 24, but he gives his age as 26 on his car insurance
application because he hopes this will get him a better rate.
Lawrence's actions could best be described as - ANSWER-
misrepresentation.
, Simon just bought his first home-a cheap fixer-upper in a town
where average snowfall exceeds 80 inches per year. It may be
an old house in a run-down neighborhood, but he still wants to
protect his initial investment. What is the cheapest policy
option that would protect Simon's financial interest in his
home, even in the brutal winters? - ANSWER-HO-2
For the purposes of workers' compensation insurance, an
employee's Average
Weekly Wage is determined by averaging the employee's
pay in the weeks
leading up to the injury. -
ANSWER-26
Which of the following situations does NOT involve
misrepresentation? - ANSWER-Atticus manages an insurance
agency and posts the salespeoples' numbers publicly each
month, to promote competition.
What does it mean when we say that an adjuster has the
"power to bind"? -
ANSWER-The principal is bound to the decisions the
adjuster makes.
James has purchased a collection of antique furniture to sell to
fine furniture dealers in the United States. James is moving the
entire collection from Shanghai to Los Angeles in one
shipment, and wants to purchase insurance for his cargo,
