TEXAS ALL LINES ADJUSTER EXAM
| QUESTIONS AND
ANSWERS | GRADED A+ | 2023-
2024
All of the following are criteria for an accident to have occurred "in the
course of" the employment under a workers' compensation policy, EXCEPT:
- ANSWER While performing a task that a fellow worker requested, that
was unusual to the employee's job description, but occurred on the
employer's premises during working hours.
Which of the following statements is NOT TRUE regarding the implied
warranties of an Ocean Marine policy? - ANSWER The implied warranties
are attached to the policy as an endorsement..
Parmelia is covered under two separate standardized Personal Automobile
policies, with Part C limits under both policies set at $200,000. Parmelia is
involved in an accident with an uninsured motorist and she sustains bodily
injury damages for $262,320. How much will Parmelia receive when she
submits a claim for these damages - ANSWER $200,000
Which of the following endorsements must be attached to a standard
Businessowners policy for coverage to apply to a businesses freezer that was
damaged by the interruption of a power source - ANSWER Utility Services -
Direct Damage endorsement.
After completing an inspection of an insured's pressure equipment and fire
suppression systems, the inspector determines that the pressure
TEXAS ALL LINES ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED A+ 2023- 2024
,equipment needs to be repaired and the suppression systems have not
been cleaned and inspected in the time frame required by the policy. The
insurer will: - ANSWER Suspend coverage immediately by red tagging the
items until they are repaired, cleaned and pass reinspection
To be eligible for coverage under a standardized Dwelling policy, the
insured must not allow more than _______ boarders to live on the
premises. - ANSWER 5
TEXAS ALL LINES ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED A+ 2023- 2024
,All of the following are "Perils of the Sea" under an Ocean Marine policy,
EXCEPT: -
ANSWER Pirates
The amount of insurance countersigned, issued, or sold by an agent or
producer to cover immediate family members, an employer, or employees
is known as: - ANSWER Controlled business
Which of the following standardized Dwelling insurance forms provides
coverage for loss of rental income - ANSWER The DP-1, DP-2, and DP-3
forms
The "Part B - Medical Payments" coverage of a personal automobile policy
covers injuries for all of the following, EXCEPT: - ANSWER A passenger who
is injured in another vehicle that is struck by the insured's vehicle in an
accident
Which of the following are the Texas Workers' Compensation benefits that
are increased by a cost-of-living adjustment (COLAs) - ANSWER Lifetime
Income Benefits (LIBs) only
Hannah must take time away from work to help assist in the investigation
of a claim that was made against her BOP policy. The policy will pay for
Hannah's actual loss of earnings up to: - ANSWER $250 per day.
Surplus Lines companies in Texas have _____ to acknowledge the receipt
of a claim. - ANSWER 30 days.
All of the following are characteristics of a principal that a surety will
scrutinize during the underwriting process, EXCEPT: - ANSWER
Consideration.
TEXAS ALL LINES ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED A+ 2023- 2024
, Under Section II of a Homeowners policy, a cemetery plot owned by the
insured is considered to be: - ANSWER An insured location.
Which of the following is NOT one of the four major coverages of an
Ocean Marine policy? - ANSWER Seaworthiness.
A ship has suffered damage and sunk. Which of the following would
respond to cover the loss of the ship? - ANSWER Hull Insurance.
As a fiduciary agent, an adjuster has the power to bind the insurer. Which
of the following statements is FALSE regarding this power? - ANSWER
Only an adjuster's written statements can legally bind an insurer.
The standardized Dwelling forms consider all eruptions of a volcano within a
__________ period to be a single "occurrence". - ANSWER 72-hour
Whose responsibility is it to complete a "proof of loss"? - ANSWER The
claimant.
Which of the following would NOT be determined by a court when an
insurer has filed a declaratory judgment action? - ANSWER The type and
amount of damages that will be paid to a plaintiff for the claim that is being
disputed.
Which of the following statements is TRUE regarding the Homeowners
"additional coverage" known as Landlord's Furnishings? - ANSWER The
coverage is not additional insurance and does not increase the limits of
the policy.
Which of the following would be covered under the Jones Act? - ANSWER
Crew members of a ship.
All of the following statements are true regarding a Personal Liability
Supplement, EXCEPT: - ANSWER The policy will cover watercraft
liability.
TEXAS ALL LINES ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED A+ 2023- 2024
| QUESTIONS AND
ANSWERS | GRADED A+ | 2023-
2024
All of the following are criteria for an accident to have occurred "in the
course of" the employment under a workers' compensation policy, EXCEPT:
- ANSWER While performing a task that a fellow worker requested, that
was unusual to the employee's job description, but occurred on the
employer's premises during working hours.
Which of the following statements is NOT TRUE regarding the implied
warranties of an Ocean Marine policy? - ANSWER The implied warranties
are attached to the policy as an endorsement..
Parmelia is covered under two separate standardized Personal Automobile
policies, with Part C limits under both policies set at $200,000. Parmelia is
involved in an accident with an uninsured motorist and she sustains bodily
injury damages for $262,320. How much will Parmelia receive when she
submits a claim for these damages - ANSWER $200,000
Which of the following endorsements must be attached to a standard
Businessowners policy for coverage to apply to a businesses freezer that was
damaged by the interruption of a power source - ANSWER Utility Services -
Direct Damage endorsement.
After completing an inspection of an insured's pressure equipment and fire
suppression systems, the inspector determines that the pressure
TEXAS ALL LINES ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED A+ 2023- 2024
,equipment needs to be repaired and the suppression systems have not
been cleaned and inspected in the time frame required by the policy. The
insurer will: - ANSWER Suspend coverage immediately by red tagging the
items until they are repaired, cleaned and pass reinspection
To be eligible for coverage under a standardized Dwelling policy, the
insured must not allow more than _______ boarders to live on the
premises. - ANSWER 5
TEXAS ALL LINES ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED A+ 2023- 2024
,All of the following are "Perils of the Sea" under an Ocean Marine policy,
EXCEPT: -
ANSWER Pirates
The amount of insurance countersigned, issued, or sold by an agent or
producer to cover immediate family members, an employer, or employees
is known as: - ANSWER Controlled business
Which of the following standardized Dwelling insurance forms provides
coverage for loss of rental income - ANSWER The DP-1, DP-2, and DP-3
forms
The "Part B - Medical Payments" coverage of a personal automobile policy
covers injuries for all of the following, EXCEPT: - ANSWER A passenger who
is injured in another vehicle that is struck by the insured's vehicle in an
accident
Which of the following are the Texas Workers' Compensation benefits that
are increased by a cost-of-living adjustment (COLAs) - ANSWER Lifetime
Income Benefits (LIBs) only
Hannah must take time away from work to help assist in the investigation
of a claim that was made against her BOP policy. The policy will pay for
Hannah's actual loss of earnings up to: - ANSWER $250 per day.
Surplus Lines companies in Texas have _____ to acknowledge the receipt
of a claim. - ANSWER 30 days.
All of the following are characteristics of a principal that a surety will
scrutinize during the underwriting process, EXCEPT: - ANSWER
Consideration.
TEXAS ALL LINES ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED A+ 2023- 2024
, Under Section II of a Homeowners policy, a cemetery plot owned by the
insured is considered to be: - ANSWER An insured location.
Which of the following is NOT one of the four major coverages of an
Ocean Marine policy? - ANSWER Seaworthiness.
A ship has suffered damage and sunk. Which of the following would
respond to cover the loss of the ship? - ANSWER Hull Insurance.
As a fiduciary agent, an adjuster has the power to bind the insurer. Which
of the following statements is FALSE regarding this power? - ANSWER
Only an adjuster's written statements can legally bind an insurer.
The standardized Dwelling forms consider all eruptions of a volcano within a
__________ period to be a single "occurrence". - ANSWER 72-hour
Whose responsibility is it to complete a "proof of loss"? - ANSWER The
claimant.
Which of the following would NOT be determined by a court when an
insurer has filed a declaratory judgment action? - ANSWER The type and
amount of damages that will be paid to a plaintiff for the claim that is being
disputed.
Which of the following statements is TRUE regarding the Homeowners
"additional coverage" known as Landlord's Furnishings? - ANSWER The
coverage is not additional insurance and does not increase the limits of
the policy.
Which of the following would be covered under the Jones Act? - ANSWER
Crew members of a ship.
All of the following statements are true regarding a Personal Liability
Supplement, EXCEPT: - ANSWER The policy will cover watercraft
liability.
TEXAS ALL LINES ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED A+ 2023- 2024
