Florida claims adjuster Study guides, Class notes & Summaries

Florida Claims Adjuster Exam questions and answers 2023Severability Insurance applies separately to each insured as if other insureds did not exist. Abandonment Property insurance policies usually contain a(n) __________ clause, stating the insured cannot dump damaged property on the insurer and demand its full value. Insurable Interest One wherein economic loss would be suffered from an adverse happening to the subject. Liberalization States that if the insurer adopts a...

Florida Claims Adjuster Exam Questions with Correct Answers 1 / 36 1. Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy.The insurance company 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 ma...

Florida Claims Adjuster Latest Exam 200 Questions with Correct Answers

Florida Claims Adjuster Exam | 200+ Questions And Answers

Florida Claims Adjuster Exam 2023 1. Peril: Something that causes a loss. 2. Hazard: Something that increases the probability that a loss will occur. 3. Warranty: A policy condition, either based on information in the i nsureds appli- cation or inserted by the insurer. It is a guarantee of a fact. 4. Misrepresentation: An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. 5. Concealment: Th...

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