Florida Claims Adjuster Exam – 206 Practice Questions with 100% Correct Answers | Latest Exam Prep Guide | FREE Bonus Included

Florida Claims Adjuster Exam Questions With
100% Correct & Verified Answers

Frank_owned_a_home_that_was_destroyed_by_a_hurricane._Both_ABC_and_XYZ_Bank
s_were_listed_as_additional_interests_on_his_homeowner_policy._The_insurance_compa
ny_will_make_a_payment_to:
A. The_first_mortgagee,_ABC
B. The_Insured
C. Jointly_to_ABC_and_XYZ
D. All_listed_interests_-_D._All_listed_interests
Remember_that_the_insurer_is_not_responsible_to_know_the_degrees_of_interest._In_the_
event_of_a_loss,_one_payment_is_made_by_the_insurer_and_it_is_up_to_the_additional_int
erests_on_working_out_their_share.

Insurance_applies_separately_to_each_insured_as_if_other_insureds_did_not_exist._This_i
s_defined_as:
A. Severability
B. Conditional
C. Warranty
D. None_of_the_above_-_A._Severability

Property_insurance_policies_usually_contain_a(n)_
clause,_stating_the_
insured_cannot_dump_damaged_property_on_the_insurer_and_demand_its_full_value
:
A. Pro_Rata
B. Abandonment
C. Liberalization
D. All_of_the_above_-_B._Abandonment

A(n)_
is_one_wherein_economic_loss_would_be_suffered_from_an_advers
e_happening_to_the_subject:
A. Conditional_Contract
B. Personal_Contract
C. Economic_Contract
D. Insurable_Interest_-_D._Insurable_Interest

,States_that_if_the_insurer_adopts_a_revision_which_would_broaden_coverage_without_a
dditional_premium_within_some_period_of_time_prior_to_the_policy_period_or_during_t
he_policy_period,_the_insured_receives_the_benefit_of_such_broadened_coverage.
A. Cancellation_Clause
B. Policy_Period
C. Pro_Rata
D. Liberalization_-
_D._Liberalization_The_time_frame_i

s_typically_60_days.

The_
states_that_when_there_is_an_unbroken_connection_between_an_occur
rence_and_damage_that_grows_out_of_the_occurrence,_then_the_resultant_damage_is_all_
a_part_of_the_occurrence.
A. Doctrine_of_Proximate_Cause
B. Doctrine_of_Perils_&_Hazards
C. Insurance_Policy_Handbook
D. Doctrine_of_Property_Insurance_-_A._Doctrine_of_Proximate_Cause
For_example,_if_a_property_insurance_policy_covers_the_peril_of_fire_but_further_damag
e_is_caused_by_smoke,_water_used_to_extinguish,_and_the_process_of_moving_property_
away_-_fire_is_considered_to_be_the_*proximate_cause*_of_all_of_the_damage.

The_Loss_Settlement_Valuation_that_subtracts_an_allowance_for_depreciation_is_define
d_as?
A. Actual_Cash_Value
B. Replacement_Cost
C. "Old_for_New"
D. None_of_the_Above_-_A._Actual_Cash_Value

A_policy_condition,_either_based_on_information_in_the_insured's_application_or_insert
ed_by_the_insurer,_is_defined_as:
A. Warranty
B. Misrepresentation
C. Concealment
D. None_of_the_Above_-_A._Warranty

,The_following_are_basic_characteristics_of_a_property_or_liability_insurance_contract,_
except:
A. Personal_Contract
B. Conditional_Contract
C. Loss_of_Settlement_Contract
D. Contract_of_Adhesion_-_C._Loss_of_Settlement_Contract

The_Insurer's_responsibility_to_pay_for_a_property_loss_may_be_conditioned_on_the_ins
ured_having_used_reasonable_means_to_avoid_the_loss,_to_protect_the_property_against
_further_loss,_and_to_give_the_insurer_proof_of_the_loss_is_defined_as?

A. Conditional_Contract
B. Adhesion_Contract
C. Indemnity_Contract
D. All_of_the_Above_-
_A._Conditional_Contract_"may_be_conditione

d"

Which_of_the_following_is_not_one_of_the_"Thresholds"_in_the_"No-Fault"_law?
A. Death_of_the_Insured
B. Temporary_Injury_of_the_Insured
C. A_permanent_loss_of_a_bodily_function
D. Permanent_scarring_on_the_face_of_the_insured_-
_B._Temporary_Injury_of_the_Insured_Also_included:_permanent_injury_other_than_scar

ring_and_disfigurement

Under_Mechanical_Breakdown_Coverage,_new_cars_are_eligible_for_service_up_to:
A. 36_Months/36,000_Miles
B. 24_Months/36,000_Miles
C. 12,000_Months/12,000_Miles
D. 12_Months/36,000_Miles_-
_A._36_Months/36,000_Miles_Used_vehicles:_12_Months/1

2,000_Miles

If_financial_responsibility_doesn't_exist_at_the_time_of_an_accident,_which_of_the_follo
wing_things_must_happen_to_avoid_penalties?
A. The_legally_valid_claims_of_others_must_be_satisfied_(up_to_10/20/10)
B. The_owner_and_operator_must_provide_certification_of_future_responsibility_fo
r_future_accidents
C. Both_A_&_B

, D. None_of_the_Above_-_C._Both_A_&_B

As_to_required_proof_for_future_accidents_by_purchase_of_auto_liability_insurance,_the_
insurer_must_make_a_filing_(Form_SR-
22)_certifying_that_coverage_is_in_effect,_and_this_certification_must_remain_on_file_for
_ years:
A. 1
B. 3
C. 4
D. 2_-_B._3

The_Business_Automobile_Policy_includes_all_of_the_following_coverage_forms_except
:
A. The_Garage_Coverage_Form
B. The_Trailer_Interchange_Coverage_Form
C. The_Truckers_Coverage_Form
D. The_Business_Auto_Coverage_Form_-_B._The_Trailer_Interchange_Coverage_Form

Personal_Injury_Protection,_or_PIP,_has_a_ per_person,_per_accident_limit.
A. 10,000
B. 20,000
C. 1,000
D. Depends_on_the_damaged_property_-_A._10,000

Used_to_insure_businesses_engaged_in_selling,_servicing,_repairing,_parking_or_storin
g_automobiles:
A. Servicing_Coverage_Form
B. Garage_Coverage_Form
C. Truckers_Coverage_Form
D. None_of_the_Above_-_B._Garage_Coverage_Form

The_following_examples_are_referred_to_as_
liability_limits:_25/50/25_or
_10/20/10.
A. Split
B. Single
C. Straight
D. None_of_the_Above_-
_A._Split_10/20/10_=