3-20 FLORIDA PUBLIC ADJUSTERS STATE
PREPARATION EXAM QUESTIONS WITH
VERIFIED SOLUTIONS GRADED A+ (2025-2026)
FLORIDA PUBLIC ADJUSTERS STATE
PREPARATION EXAM
STUDY CENTRAL
SMART STUDY
, 3-20 FLORIDA PUBLIC ADJUSTERS STATE
PREPARATION EXAM QUESTIONS WITH
VERIFIED SOLUTIONS GRADED A+ (2025-2026)
, The insurer and insured agree to a specific value of insured item ANSWER Agreed
Value Policies
Someone who has care, custody or control of another's property ANSWER Bailee
Claim filed by policy holder against his _ ANSWER First Party Claim
When a person who entrusts another with an object and it results in injury to someone
can be held liable for the injury to someone. Can be held liable for the injury i.e. Firearm
or DWI ANSWER Negligent Entrustment
Hazard that results from a conscious decision made by an insured to participate in a
manner or behavior more likely to result in a loss because they have insurance
ANSWER Moral Hazard
Used to provide temporary insurance coverage until an insurance policy can be written
ANSWER Binder
Required by lenders to guarantee that outstanding loans against a job are paid upon
completion ANSWER Completion Bonds
The section of an insurance policy identifying the insured, endorsements, coverages,
limits, and premiums ANSWER Declarations
Policyholder cannot transfer the policy to someone else without written permission from
their insurance company ANSWER Assignment
An instance, behavior or environment that increases the likelihood of a loss on an
insured item ANSWER Hazard
Actual cause or source of an incidence of destruction, injury, or loss ANSWER Peril
PREPARATION EXAM QUESTIONS WITH
VERIFIED SOLUTIONS GRADED A+ (2025-2026)
FLORIDA PUBLIC ADJUSTERS STATE
PREPARATION EXAM
STUDY CENTRAL
SMART STUDY
, 3-20 FLORIDA PUBLIC ADJUSTERS STATE
PREPARATION EXAM QUESTIONS WITH
VERIFIED SOLUTIONS GRADED A+ (2025-2026)
, The insurer and insured agree to a specific value of insured item ANSWER Agreed
Value Policies
Someone who has care, custody or control of another's property ANSWER Bailee
Claim filed by policy holder against his _ ANSWER First Party Claim
When a person who entrusts another with an object and it results in injury to someone
can be held liable for the injury to someone. Can be held liable for the injury i.e. Firearm
or DWI ANSWER Negligent Entrustment
Hazard that results from a conscious decision made by an insured to participate in a
manner or behavior more likely to result in a loss because they have insurance
ANSWER Moral Hazard
Used to provide temporary insurance coverage until an insurance policy can be written
ANSWER Binder
Required by lenders to guarantee that outstanding loans against a job are paid upon
completion ANSWER Completion Bonds
The section of an insurance policy identifying the insured, endorsements, coverages,
limits, and premiums ANSWER Declarations
Policyholder cannot transfer the policy to someone else without written permission from
their insurance company ANSWER Assignment
An instance, behavior or environment that increases the likelihood of a loss on an
insured item ANSWER Hazard
Actual cause or source of an incidence of destruction, injury, or loss ANSWER Peril
