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NY Independent Automobile Insurance Adjuster 17-66 Questions and Correct Answers/ Latest Update / Already Graded
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19

December 2025

2025/2026

A+
Risk Ans: The chance of loss Pure Risk Ans: Insurable risk, like the chance of a house burning Speculative Risk Ans: Not insurable risk, like stock investments Loss Ans: Unplanned reduction in economic value Peril Ans: Event that insurance protects against Hazard All rights reserved © 2025/ 2026 | Page | 2 Ans: Condition that raises the chance of encountering a peril or increases the severity of a loss Deductible Ans: Risk retention device in property insurance ...
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