- Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about ? On this page you'll find 5 study documents about .
All 5 results
Sort by:
-
Exam (elaborations)
CERTIFIED CLAIMS ADJUSTER- FLORIDA LATEDUPDATE
-
---16August 20242024/2025A+
- 
 
A couple has Coverage A limits of $250,000 on their home located in Miami, FL. They suffer a wind loss to their roof from a tornado spawned by Hurricane Irma that results in an estimate of $12,700.00 for repairs. The adjuster deducts the Florida hurricane deductible of $5,000 from the estimate and pays them $7,700 in settlement of their property claim. This is known as the application of: 
 
a.) A percentage deductible 
 
b.) Depreciation 
 
c.)A franchise deductible 
 
d.)A straight dedu...
-
$6.79 More Info
wiselady
-
Exam (elaborations)
Certified Claims Adjuster- Florida Exam Questions & Answers(RATED A+)
-
--16May 20242023/2024A+Available in bundle
- Insurance Transaction includes: - ANSWER--Solicitation of insurance 
-Negotiations; 
-Binding, underwriting and sale of insurance; 
-Handling or "adjusting" of claims 
 
The Role of Insurance is: - ANSWER-- Essential Product 
-Financial Product 
- Purchase of a Promise 
-Purchase based on TRUST 
 
The different types of insurance are: - ANSWER--Health 
-Life 
-Property 
-Casualty 
 
When you buy insurance, you are buying: - ANSWER-Peace of Mind 
 
Insurance is a Purchase based on: - ANSWER-Tr...
-
$11.39 More Info
IMORA