Florida Insurance Adjuster Licensing Test
Exam question and answers latest update
2026 RATED A+
The policy period is found in what part of an insurance contract? - CORRECT ANSWERS
Declarations
Insurance policies are said to be contracts of... - CORRECT ANSWERS Adhesion
The failure to exercise due care is known as - CORRECT ANSWERS Negligence
A building is destroyed by flood. The loss of profits from renting the building is - CORRECT ANSWERS
Indirect Loss
The notice required for cancellation of an Auto Binders is _____ days - CORRECT ANSWERS 5
Property Insurance means - CORRECT ANSWERS Insurance where the payment by the
insurance company will be directly to the insured
An insurance contract is based on the principle of - CORRECT ANSWERS utmost good faith
two kinds of waivers are - CORRECT ANSWERS Express and Implied
Proximate cause is the ____ between the occurrence and damage which grows ... the occurrence is the -
CORRECT ANSWERS unbroken connection
Replacement Cost may be a violation of - CORRECT ANSWERS Principle of Indemnity
, Coinsurance of 80% regarding a $1 million dollar property means the insured must carry insurance
amount of - CORRECT ANSWERS $800,000
a 5% hurricane deductible in a homeowner's policy insuring a $100,000 home would be - CORRECT
ANSWERS $5000
Giving up a known right voluntarily is known as a - CORRECT ANSWERS waiver
in order for an insured's residence to be considered the insured's principal residence for the purpose of
Flood Insurance, the insured must live in the dwelling at least _____ of the time - CORRECT ANSWERS
80%
A health policy that only provides benefits for a single illness is known as - CORRECT ANSWERS
Dread Disease Policy
Adjusters shall not give ______ advice - CORRECT ANSWERS Legal
PIP has a basic limit of - CORRECT ANSWERS $10,000
The cost to replace an item less-depreciation is a description of - CORRECT ANSWERS Actual
Cash Value
According to the ethical requirements, an adjsuter shall never approach adjustments in a manner
______ to the insured - CORRECT ANSWERS prejudicial
An adjuster is required to notify the department of a change of name or address within - CORRECT
ANSWERS 30 days
Exam question and answers latest update
2026 RATED A+
The policy period is found in what part of an insurance contract? - CORRECT ANSWERS
Declarations
Insurance policies are said to be contracts of... - CORRECT ANSWERS Adhesion
The failure to exercise due care is known as - CORRECT ANSWERS Negligence
A building is destroyed by flood. The loss of profits from renting the building is - CORRECT ANSWERS
Indirect Loss
The notice required for cancellation of an Auto Binders is _____ days - CORRECT ANSWERS 5
Property Insurance means - CORRECT ANSWERS Insurance where the payment by the
insurance company will be directly to the insured
An insurance contract is based on the principle of - CORRECT ANSWERS utmost good faith
two kinds of waivers are - CORRECT ANSWERS Express and Implied
Proximate cause is the ____ between the occurrence and damage which grows ... the occurrence is the -
CORRECT ANSWERS unbroken connection
Replacement Cost may be a violation of - CORRECT ANSWERS Principle of Indemnity
, Coinsurance of 80% regarding a $1 million dollar property means the insured must carry insurance
amount of - CORRECT ANSWERS $800,000
a 5% hurricane deductible in a homeowner's policy insuring a $100,000 home would be - CORRECT
ANSWERS $5000
Giving up a known right voluntarily is known as a - CORRECT ANSWERS waiver
in order for an insured's residence to be considered the insured's principal residence for the purpose of
Flood Insurance, the insured must live in the dwelling at least _____ of the time - CORRECT ANSWERS
80%
A health policy that only provides benefits for a single illness is known as - CORRECT ANSWERS
Dread Disease Policy
Adjusters shall not give ______ advice - CORRECT ANSWERS Legal
PIP has a basic limit of - CORRECT ANSWERS $10,000
The cost to replace an item less-depreciation is a description of - CORRECT ANSWERS Actual
Cash Value
According to the ethical requirements, an adjsuter shall never approach adjustments in a manner
______ to the insured - CORRECT ANSWERS prejudicial
An adjuster is required to notify the department of a change of name or address within - CORRECT
ANSWERS 30 days
