TEXAS ADJUSTER 2026 STUDY GUIDE QUESTIONS AND
ANSWERS MARKED A+
✔✔A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The
only way the customer will have a successful claim against John's insurance is? -
✔✔John must be found legally liable for the incident
✔✔Janet thompson works for universal insurance company of Texas. She is involved in
a work related accident in the supply room. She immediately notifies her supervisor
about the accident. Universal insurance company must report the injuries within how
many days of being notified of the injury? - ✔✔8 days
✔✔Provisions in an insurance policy that indicates what is not covered? - ✔✔Exclusions
✔✔As a public administrator you want to get insurance for your county's bridges and
tunnels. What kind of policy would you look for? - ✔✔Inland Marine
✔✔Lewis has a Texas dwelling policy on his property in Lewisville Texas. His tenant
called him to tell him that the property was broke into and all of his contents were stolen.
Lewis files a claim for his tenant's stolen contents. What do you tell Lewis about his
claim? - ✔✔The contents are covered up to 10% of the Coverage B limit of liability.
✔✔Is the size of a loss, the extent of damages - ✔✔Severity
✔✔What is the intentional relinquishment of a known right by the insurance company or
agent upon which the insured relies - ✔✔Wavier
✔✔You have concluded your claim investigation and called your policyholder to discuss
the settlement of their claim. How long do you have to make payment to your
policyholder? - ✔✔5 Calendar days
✔✔The cost having the most significant impact in bringing about the loss under a first-
party insurance policy - ✔✔Proximate Cause
✔✔Steve Garcia is exempted from taking the State Adjuster License Exam. Which of
the following is a reason for his exemption? - ✔✔Within the past 12 months he
completed a certified adjuster pre-licenseing education program and pass the required
exam.
✔✔while derrick is taking inventory he accidentally drops a crate of milk on a customer
foot. what is the stores liability? - ✔✔Premises Liability
, ✔✔Pam's home has been burglarized. The total value of the stolen contents is $7,000.
You advise her that she needs to file a police report. Which of the following statements
is correct? - ✔✔A police report is needed per section 1 conditions
✔✔What are the types of adjuster licenses approved for issuance in Texas? - ✔✔All
Lines, Property, Property and Casualty, Surety, Workers Compensation
✔✔What is any intentional lying or misrepresentation by policyholders in order to inflate
a claims payment or receive a claims payment that would otherwise not be paid -
✔✔Fraud
✔✔Steve's Worker's compensation claim has been rejected. Steve reported his claim
43 days after the incident occurred. What is a possible reason why? - ✔✔He did not
report his injury to his employer within 30 days
✔✔Larry is an Insurance Agent with Texas Capital insurance company. One of his
customers called his office and requested a change in coverage on his policy. Larry
advised the customer he would make the change on the policy, but failed to change it in
the system. His customer's claim is denied 6 months later for not having the proper
coverage. The claim department paid the customers claim and filed what type of claim
on Larry's commercial property. - ✔✔Errors and Omissions
✔✔The transfer of Pure risk from one party to another for a price through a legal
contract that spells out the terms, perils covered, and property/perils excluded. -
✔✔Insurance
✔✔Marcia sustained a loss to her property as a result of vandalism. All of her damages
will be settled at replacement cost except - ✔✔damage to the fence
✔✔he insured's pets dog "Lucky" caused damage to the front screen door. How much
are you going to pay on this claim? The damage to the door is $1,000. Coverage: Covg.
A $80,000; CovgB $40,000 (Ded 1%) - ✔✔zero
✔✔Increase cost of compliance (ICC) provides coverage up to? - ✔✔$30,000
✔✔This insurance term means a legal wrong - ✔✔tort
✔✔The party to an insurance whom the insurer agrees to indemnify for losses, provide
benefits for, or render services to? - ✔✔loss payee
✔✔________ is the size of a loss, the extent of damages. - ✔✔Severity
ANSWERS MARKED A+
✔✔A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The
only way the customer will have a successful claim against John's insurance is? -
✔✔John must be found legally liable for the incident
✔✔Janet thompson works for universal insurance company of Texas. She is involved in
a work related accident in the supply room. She immediately notifies her supervisor
about the accident. Universal insurance company must report the injuries within how
many days of being notified of the injury? - ✔✔8 days
✔✔Provisions in an insurance policy that indicates what is not covered? - ✔✔Exclusions
✔✔As a public administrator you want to get insurance for your county's bridges and
tunnels. What kind of policy would you look for? - ✔✔Inland Marine
✔✔Lewis has a Texas dwelling policy on his property in Lewisville Texas. His tenant
called him to tell him that the property was broke into and all of his contents were stolen.
Lewis files a claim for his tenant's stolen contents. What do you tell Lewis about his
claim? - ✔✔The contents are covered up to 10% of the Coverage B limit of liability.
✔✔Is the size of a loss, the extent of damages - ✔✔Severity
✔✔What is the intentional relinquishment of a known right by the insurance company or
agent upon which the insured relies - ✔✔Wavier
✔✔You have concluded your claim investigation and called your policyholder to discuss
the settlement of their claim. How long do you have to make payment to your
policyholder? - ✔✔5 Calendar days
✔✔The cost having the most significant impact in bringing about the loss under a first-
party insurance policy - ✔✔Proximate Cause
✔✔Steve Garcia is exempted from taking the State Adjuster License Exam. Which of
the following is a reason for his exemption? - ✔✔Within the past 12 months he
completed a certified adjuster pre-licenseing education program and pass the required
exam.
✔✔while derrick is taking inventory he accidentally drops a crate of milk on a customer
foot. what is the stores liability? - ✔✔Premises Liability
, ✔✔Pam's home has been burglarized. The total value of the stolen contents is $7,000.
You advise her that she needs to file a police report. Which of the following statements
is correct? - ✔✔A police report is needed per section 1 conditions
✔✔What are the types of adjuster licenses approved for issuance in Texas? - ✔✔All
Lines, Property, Property and Casualty, Surety, Workers Compensation
✔✔What is any intentional lying or misrepresentation by policyholders in order to inflate
a claims payment or receive a claims payment that would otherwise not be paid -
✔✔Fraud
✔✔Steve's Worker's compensation claim has been rejected. Steve reported his claim
43 days after the incident occurred. What is a possible reason why? - ✔✔He did not
report his injury to his employer within 30 days
✔✔Larry is an Insurance Agent with Texas Capital insurance company. One of his
customers called his office and requested a change in coverage on his policy. Larry
advised the customer he would make the change on the policy, but failed to change it in
the system. His customer's claim is denied 6 months later for not having the proper
coverage. The claim department paid the customers claim and filed what type of claim
on Larry's commercial property. - ✔✔Errors and Omissions
✔✔The transfer of Pure risk from one party to another for a price through a legal
contract that spells out the terms, perils covered, and property/perils excluded. -
✔✔Insurance
✔✔Marcia sustained a loss to her property as a result of vandalism. All of her damages
will be settled at replacement cost except - ✔✔damage to the fence
✔✔he insured's pets dog "Lucky" caused damage to the front screen door. How much
are you going to pay on this claim? The damage to the door is $1,000. Coverage: Covg.
A $80,000; CovgB $40,000 (Ded 1%) - ✔✔zero
✔✔Increase cost of compliance (ICC) provides coverage up to? - ✔✔$30,000
✔✔This insurance term means a legal wrong - ✔✔tort
✔✔The party to an insurance whom the insurer agrees to indemnify for losses, provide
benefits for, or render services to? - ✔✔loss payee
✔✔________ is the size of a loss, the extent of damages. - ✔✔Severity
