Florida Claims Adjuster Exam– Florida 6-20
License | State of FloridaExam
| Questions with
Correct Answers
1. Frank owned a home that was destroyed by a hurricane. Both ABCXYZ andBanks were
listed as additional interests on his homeownerpolicy. Theinsurancecompanywill makea
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. the event
In of a
loss, one payment is made by the insurer and it is up to the additional
interestson working out
their share.
2. Insuranceappliesseparatelyto eachinsuredas if otherinsuredsdid notexist.This is
definedas:
A. Severability
B. Conditional
C. Warranty
D. None of the above:A. Severability
3. Property
insurancepoliciesusuallycontain a(n) clause,stating
the insured cannot dump damaged property on the insurer anddemanditsfull value:
A. Pro Rata
B. Abandonment
C. Liberalization
D. All of the above:B. Abandonment
4. A(n) is onewhereineconomicloss wouldbesufferedfrom an
adverse happening to thesubject:
A. ConditionalContract
B. PersonalContract
C. Economic Contract
D. Insurable Interest:D. Insurable Interest
5. Statesthatif theinsureradoptsa revisionwhichwouldbroadencoveragewithout additional
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,premium within some period of time prior to the policy
period or during the policy period,
the insured receives the benefit of such
broadenedcoverage.
A. CancellationClause
B. Policy Period
C. Pro Rata
D. Liberalization:D. LiberalizationThe
timeframeis typically60 days.
Florida Claims
,6. The states that when there is an unbroken connection - tween
be an
occurrence and damage that grows out of the occurrence,then theresultantdamageis all a part
of theoccurrence.
A. Doctrineof ProximateCause
B. Doctrineof Perils & Hazards
C. InsurancePolicy Handbook
D. Doctrineof PropertyInsurance:A. Doctrine of ProximateCause
For example, if a property insurance policy covers the peril of fire but further
damageis caused
by smoke,waterusedto extinguish,and theprocessof movingproperty away - fire is consideredt
be the *proximate cause* of all of the damage.
7. The Loss SettlementValuationthatsubtractsan allowancefor deprecia-tion is definedas?
A. Actual Cash Value
B. ReplacementCost
C. "Old for New"
D. None of the Above: A. Actual Cash Value
8. A policy condition, either based on information in the insured's applicationor insertedby
theinsurer,is defined as:
A. Warranty
B. Misrepresentation
C. Concealment
D. None of the Above: A. Warranty
9. The followingarebasiccharacteristicsof a propertyor liability insurancecontract,except:
A. PersonalContract
B. ConditionalContract
C. Loss ofSettlementContract
D. Contract of Adhesion: C. Loss of SettlementContract
10.The Insurer'sresponsibilityto payfor a propertylossmaybeconditionedon the insured
having used reasonable means to avoid the loss, to protect thepropertyagainstfurtherloss,
and to give theinsurerproofof theloss isdefinedas?
A. ConditionalContract
B. AdhesionContract
C. IndemnityContract
D. All of the Above: A. Conditional Contract"may
be conditioned"
Florida Claims
, 11.Which of thefollowingis not oneof the"Thresholds"in the"No-Fault"law?
A. Deathof the Insured
B. TemporaryInjury of theInsured
C. A permanentloss ofa bodilyfunction
D. Permanent scarring on thefaceof theinsured:B. TemporaryInjury of theInsured
Also included:permanentinjury other thanscarring and disfigurement
12.Under Mechanical Breakdown Coverage, new cars are eligible for serviceup to:
A. 36 Months/36,000Miles
B. 24 Months/36,000Miles
C. 12,000Months/12,000Miles
D. 12 Months/36,000Miles: A. 36 Months/36,000MilesUsed
vehicles:12 Months/12,000Miles
13.If financialresponsibilitydoesn'texist at the timeof an accident,whichof the following
things musthappento avoid penalties?
A. The legallyvalid claims of othersmust be satisfied(up to 10/20/10)
B. The ownerand operatormustprovidecertificationof futureresponsibilityfor future
accidents
C. Both A & B
D. None of the Above:C. Both A & B
14. As to
requiredproof for futureaccidentsby purchase ofauto liability in- surance, the insurer must
make a filing (Form SR-22) certifying that coverageis in effect,and thiscertificationmustremain
on file for years:
A. 1
B. 3
C. 4
D. 2: B. 3
15.The BusinessAutomobilePolicy includesall of thefollowingcoverageforms except:
A. The GarageCoverageForm
B. The Trailer Interchange Coverage Form
C. The Truckers Coverage Form
D. The Business Auto Coverage Form: B. The Trailer Interchange CoverageForm
16. PersonalInjury
Protection,or PIP, hasa perperson,per
accidentlimit.
Florida Claims
License | State of FloridaExam
| Questions with
Correct Answers
1. Frank owned a home that was destroyed by a hurricane. Both ABCXYZ andBanks were
listed as additional interests on his homeownerpolicy. Theinsurancecompanywill makea
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. the event
In of a
loss, one payment is made by the insurer and it is up to the additional
interestson working out
their share.
2. Insuranceappliesseparatelyto eachinsuredas if otherinsuredsdid notexist.This is
definedas:
A. Severability
B. Conditional
C. Warranty
D. None of the above:A. Severability
3. Property
insurancepoliciesusuallycontain a(n) clause,stating
the insured cannot dump damaged property on the insurer anddemanditsfull value:
A. Pro Rata
B. Abandonment
C. Liberalization
D. All of the above:B. Abandonment
4. A(n) is onewhereineconomicloss wouldbesufferedfrom an
adverse happening to thesubject:
A. ConditionalContract
B. PersonalContract
C. Economic Contract
D. Insurable Interest:D. Insurable Interest
5. Statesthatif theinsureradoptsa revisionwhichwouldbroadencoveragewithout additional
Florida Claims
,premium within some period of time prior to the policy
period or during the policy period,
the insured receives the benefit of such
broadenedcoverage.
A. CancellationClause
B. Policy Period
C. Pro Rata
D. Liberalization:D. LiberalizationThe
timeframeis typically60 days.
Florida Claims
,6. The states that when there is an unbroken connection - tween
be an
occurrence and damage that grows out of the occurrence,then theresultantdamageis all a part
of theoccurrence.
A. Doctrineof ProximateCause
B. Doctrineof Perils & Hazards
C. InsurancePolicy Handbook
D. Doctrineof PropertyInsurance:A. Doctrine of ProximateCause
For example, if a property insurance policy covers the peril of fire but further
damageis caused
by smoke,waterusedto extinguish,and theprocessof movingproperty away - fire is consideredt
be the *proximate cause* of all of the damage.
7. The Loss SettlementValuationthatsubtractsan allowancefor deprecia-tion is definedas?
A. Actual Cash Value
B. ReplacementCost
C. "Old for New"
D. None of the Above: A. Actual Cash Value
8. A policy condition, either based on information in the insured's applicationor insertedby
theinsurer,is defined as:
A. Warranty
B. Misrepresentation
C. Concealment
D. None of the Above: A. Warranty
9. The followingarebasiccharacteristicsof a propertyor liability insurancecontract,except:
A. PersonalContract
B. ConditionalContract
C. Loss ofSettlementContract
D. Contract of Adhesion: C. Loss of SettlementContract
10.The Insurer'sresponsibilityto payfor a propertylossmaybeconditionedon the insured
having used reasonable means to avoid the loss, to protect thepropertyagainstfurtherloss,
and to give theinsurerproofof theloss isdefinedas?
A. ConditionalContract
B. AdhesionContract
C. IndemnityContract
D. All of the Above: A. Conditional Contract"may
be conditioned"
Florida Claims
, 11.Which of thefollowingis not oneof the"Thresholds"in the"No-Fault"law?
A. Deathof the Insured
B. TemporaryInjury of theInsured
C. A permanentloss ofa bodilyfunction
D. Permanent scarring on thefaceof theinsured:B. TemporaryInjury of theInsured
Also included:permanentinjury other thanscarring and disfigurement
12.Under Mechanical Breakdown Coverage, new cars are eligible for serviceup to:
A. 36 Months/36,000Miles
B. 24 Months/36,000Miles
C. 12,000Months/12,000Miles
D. 12 Months/36,000Miles: A. 36 Months/36,000MilesUsed
vehicles:12 Months/12,000Miles
13.If financialresponsibilitydoesn'texist at the timeof an accident,whichof the following
things musthappento avoid penalties?
A. The legallyvalid claims of othersmust be satisfied(up to 10/20/10)
B. The ownerand operatormustprovidecertificationof futureresponsibilityfor future
accidents
C. Both A & B
D. None of the Above:C. Both A & B
14. As to
requiredproof for futureaccidentsby purchase ofauto liability in- surance, the insurer must
make a filing (Form SR-22) certifying that coverageis in effect,and thiscertificationmustremain
on file for years:
A. 1
B. 3
C. 4
D. 2: B. 3
15.The BusinessAutomobilePolicy includesall of thefollowingcoverageforms except:
A. The GarageCoverageForm
B. The Trailer Interchange Coverage Form
C. The Truckers Coverage Form
D. The Business Auto Coverage Form: B. The Trailer Interchange CoverageForm
16. PersonalInjury
Protection,or PIP, hasa perperson,per
accidentlimit.
Florida Claims
