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Exam (elaborations)
Florida Claims Adjuster Exam 100% ACCREDITED 2023/24 SOLUTIONS GRADE A GARANTEED
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---45November 20232023/2024A+
- Peril 
Something that causes a loss. 
Hazard 
Something that increases the probability that a loss will occur. 
Warranty 
A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. 
Misrepresentation 
An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. 
Concealment 
The failure of the insured to reveal relevant facts known to the insured in applying for i...
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