Florida LP Master Qualifier Exam (2026/2027) | QUESTIONS AND ANSWERS
Florida Licensed Public Adjuster Master Qualifier Examination | Core Domains: Florida Insurance Code
& Statutes (Chapter 626), Public Adjuster Licensing & Ethical Standards, Policy Analysis &
Interpretation, Property Insurance Coverage Types, Loss Estimation & Evaluation, Claim Filing &
Adjustment Procedures, Florida Building Code Applications, Sinkhole & Catastrophe Claims, Mediation
& Appraisal Processes, and Prohibited Practices & Penalties | Insurance & Public Adjusting Focus | State
Licensing Master Qualifier Exam Format
Exam Structure
The Florida LP (Licensed Public Adjuster) Master Qualifier Exam for the 2026/2027 licensure cycle is a
75-question, multiple-choice examination.
Introduction
This Florida LP Master Qualifier Exam guide for the 2026/2027 licensure cycle prepares candidates for
the highest level of public adjuster licensing in Florida. The content emphasizes in-depth knowledge of
state insurance laws, advanced policy interpretation, sophisticated claim handling, and the elevated
ethical and professional standards required to qualify as a master public adjuster under the Florida
Department of Financial Services.
Answer Format
All correct answers and regulatory standards must be presented in bold and green, followed by detailed
rationales citing specific Florida Statutes (Chapter 626), Florida Administrative Code (F.A.C.) rules,
Florida Building Code sections, and official DFS (Department of Financial Services) bulletins and
interpretations.
75 Multiple-Choice Questions with Correct Answers & Rationales
,1. Under Florida law, which statute primarily governs the licensing and conduct of public
adjusters?
A) Florida Statute Chapter 627
B) Florida Statute Chapter 626
C) Florida Statute Chapter 553
D) Florida Statute Chapter 440
B) Florida Statute Chapter 626
Florida Statute § 626.851–626.882 specifically regulates public adjusters, including licensing, duties,
prohibitions, and disciplinary actions. Chapter 627 governs insurance contracts; Chapter 553 covers the
Florida Building Code; Chapter 440 pertains to workers’ compensation.
2. What is the maximum contingency fee a public adjuster may charge for claims related to
a declared catastrophe in Florida?
A) 10%
B) 15%
C) 20%
D) 25%
A) 10%
Per Florida Statute § 626.854(6), during the first year after a governor-declared state of emergency,
public adjusters may not charge more than 10% of the insurance claim recovery. This cap ensures
affordability during disaster recovery.
3. When must a public adjuster provide the “Public Adjuster Contract Disclosure
Statement” to a claimant?
,A) Within 5 business days after signing the contract
B) Before the contract is signed
C) At the time of claim settlement
D) Only upon request by the insured
B) Before the contract is signed
Florida Administrative Code Rule 69B-180.007(1) requires that the Department-approved Public
Adjuster Contract Disclosure Statement be provided to the insured prior to executing the contract so the
insured can make an informed decision.
4. Which of the following actions constitutes a prohibited practice under Florida law for
public adjusters?
A) Advising the insured on coverage options
B) Filing a claim on behalf of the insured
C) Guaranteeing claim settlement amounts
D) Negotiating with the insurer
C) Guaranteeing claim settlement amounts
Florida Statute § 626.854(4) explicitly prohibits public adjusters from guaranteeing or implying a
specific claim outcome. This protects consumers from misleading representations.
5. How long must a public adjuster retain records of a claim file after final disposition?
A) 1 year
B) 2 years
, C) 3 years
D) 5 years
C) 3 years
Per Florida Administrative Code Rule 69B-180.010(2), public adjusters must maintain complete records
of all claims handled for at least 3 years following final disposition, including contracts,
communications, and estimates.
6. What must be included in a valid public adjuster contract under Florida law?
A) The public adjuster’s license number
B) A statement that the insured may cancel within 3 business days
C) Both A and B
D) A notarized signature
C) Both A and B
Florida Statute § 626.8541(1)(a) and (b) requires the public adjuster’s license number and a bold-faced
statement informing the insured of their right to cancel the contract within 3 business days without
penalty.
7. Under Florida law, when may a public adjuster solicit business from an insured?
A) Immediately after a storm
B) Only after the insurer has denied the claim
C) Between 8 a.m. and 8 p.m., unless invited
D) Anytime, as long as they are licensed
Florida Licensed Public Adjuster Master Qualifier Examination | Core Domains: Florida Insurance Code
& Statutes (Chapter 626), Public Adjuster Licensing & Ethical Standards, Policy Analysis &
Interpretation, Property Insurance Coverage Types, Loss Estimation & Evaluation, Claim Filing &
Adjustment Procedures, Florida Building Code Applications, Sinkhole & Catastrophe Claims, Mediation
& Appraisal Processes, and Prohibited Practices & Penalties | Insurance & Public Adjusting Focus | State
Licensing Master Qualifier Exam Format
Exam Structure
The Florida LP (Licensed Public Adjuster) Master Qualifier Exam for the 2026/2027 licensure cycle is a
75-question, multiple-choice examination.
Introduction
This Florida LP Master Qualifier Exam guide for the 2026/2027 licensure cycle prepares candidates for
the highest level of public adjuster licensing in Florida. The content emphasizes in-depth knowledge of
state insurance laws, advanced policy interpretation, sophisticated claim handling, and the elevated
ethical and professional standards required to qualify as a master public adjuster under the Florida
Department of Financial Services.
Answer Format
All correct answers and regulatory standards must be presented in bold and green, followed by detailed
rationales citing specific Florida Statutes (Chapter 626), Florida Administrative Code (F.A.C.) rules,
Florida Building Code sections, and official DFS (Department of Financial Services) bulletins and
interpretations.
75 Multiple-Choice Questions with Correct Answers & Rationales
,1. Under Florida law, which statute primarily governs the licensing and conduct of public
adjusters?
A) Florida Statute Chapter 627
B) Florida Statute Chapter 626
C) Florida Statute Chapter 553
D) Florida Statute Chapter 440
B) Florida Statute Chapter 626
Florida Statute § 626.851–626.882 specifically regulates public adjusters, including licensing, duties,
prohibitions, and disciplinary actions. Chapter 627 governs insurance contracts; Chapter 553 covers the
Florida Building Code; Chapter 440 pertains to workers’ compensation.
2. What is the maximum contingency fee a public adjuster may charge for claims related to
a declared catastrophe in Florida?
A) 10%
B) 15%
C) 20%
D) 25%
A) 10%
Per Florida Statute § 626.854(6), during the first year after a governor-declared state of emergency,
public adjusters may not charge more than 10% of the insurance claim recovery. This cap ensures
affordability during disaster recovery.
3. When must a public adjuster provide the “Public Adjuster Contract Disclosure
Statement” to a claimant?
,A) Within 5 business days after signing the contract
B) Before the contract is signed
C) At the time of claim settlement
D) Only upon request by the insured
B) Before the contract is signed
Florida Administrative Code Rule 69B-180.007(1) requires that the Department-approved Public
Adjuster Contract Disclosure Statement be provided to the insured prior to executing the contract so the
insured can make an informed decision.
4. Which of the following actions constitutes a prohibited practice under Florida law for
public adjusters?
A) Advising the insured on coverage options
B) Filing a claim on behalf of the insured
C) Guaranteeing claim settlement amounts
D) Negotiating with the insurer
C) Guaranteeing claim settlement amounts
Florida Statute § 626.854(4) explicitly prohibits public adjusters from guaranteeing or implying a
specific claim outcome. This protects consumers from misleading representations.
5. How long must a public adjuster retain records of a claim file after final disposition?
A) 1 year
B) 2 years
, C) 3 years
D) 5 years
C) 3 years
Per Florida Administrative Code Rule 69B-180.010(2), public adjusters must maintain complete records
of all claims handled for at least 3 years following final disposition, including contracts,
communications, and estimates.
6. What must be included in a valid public adjuster contract under Florida law?
A) The public adjuster’s license number
B) A statement that the insured may cancel within 3 business days
C) Both A and B
D) A notarized signature
C) Both A and B
Florida Statute § 626.8541(1)(a) and (b) requires the public adjuster’s license number and a bold-faced
statement informing the insured of their right to cancel the contract within 3 business days without
penalty.
7. Under Florida law, when may a public adjuster solicit business from an insured?
A) Immediately after a storm
B) Only after the insurer has denied the claim
C) Between 8 a.m. and 8 p.m., unless invited
D) Anytime, as long as they are licensed
