1
FLORIDA PUBLIC ADJUSTING 3-20 SET ONE
EXAM 2024-2025 |ALREADY GRADED A+
BRAND NEW!!
A residual market to alleviate the temporary unavailability of property insurance coverage in
significant portions of Florida (e.g. homeowners face non-renewal or cancellations) - CORRECT
ANSWER>>Residential Property & Casualty Joint Underwriting Association for property owners
Those who are eligible for coverage under the Florida Automobile Joint Underwriting
Association are? - CORRECT ANSWER>>Military Personnel
A non-resident owning an automobile in Florida
A non-resident subject to Florida no-fault law
A forcible entry into locked premises and the carrying away of the property of others is a
definition of: - CORRECT ANSWER>>Burglary
The inland marine coverage form that covers clothing, cameras and other portable property
worn and carried by tourists and travelers is a: - CORRECT ANSWER>>Personal effects floater
What does the property insurance term "improvements and betterment" apply to? - CORRECT
ANSWER>>Real Property
The penalty imposed upon a Florida licensee who violates a cease and desists order issued by
the CFO: - CORRECT ANSWER>>$50,000 Fine
What is amount is personal property used for business purposes, under a Homeowners policy
covered up to - CORRECT ANSWER>>up to $2500 on premises up to $1500 off premises
If a replacement costs exists, but the insured has a policy for only 50% of the replacement cost,
what percentage will the insured received for the loss? - CORRECT ANSWER>>50% of the
settlement amount
A statement that is believed to be true when made, which my prove to be false. - CORRECT
ANSWER>>Representation
, 2
A statement that is guaranteed to be correct: - CORRECT ANSWER>>Warranty
When can an insured cancel his/her policy? - CORRECT ANSWER>>At any time.
In Florida, how many days in advance of a premium due date must an auto insurer provide
notice of renewal to an insured? - CORRECT ANSWER>>30 days written notice
What deductibles are subject to any aircraft physical damages that differ according to
circumstances surrounding a given loss? - CORRECT ANSWER>>In-flight Ded (greatest amount)
Not-in-Motion (least amount)
They apply independently based on the actual loss
Uninsured Motorist's Coverage form, the insured can request: - CORRECT
ANSWER>>Nonstacked Coverage
Stacked Coverage
UM coverage at the limits lower than those that apply for liability coverage
If a mortgage is acknowledged in the policy and the insured concealed the fact that a hazard
exists to the insurance company, would the mortgage have a right to recover its full loan value?
- CORRECT ANSWER>>Yes
Under Florida Comparative Negligence law how much would one be able to recover if they were
found 25% at fault? - CORRECT ANSWER>>75% (the difference)
If a claimant is under the influence of drugs and/or alcohol and is found to be 50% or more at
fault, how much can they recover? - CORRECT ANSWER>>$0.00
A commercial property coverage part includes: - CORRECT ANSWER>>Common policy
conditions
Commercial property declarations
One or more causes of loss forms
When an insurance adjuster advises an insured to misrepresent the claim by suggesting how to
report a claim, the adjuster should be charged with: - CORRECT ANSWER>>Unfair Claims Act
The "outside premises" policy insuring agreement covers: - CORRECT ANSWER>>Loss of money
and securities and other property outside the premises.
FLORIDA PUBLIC ADJUSTING 3-20 SET ONE
EXAM 2024-2025 |ALREADY GRADED A+
BRAND NEW!!
A residual market to alleviate the temporary unavailability of property insurance coverage in
significant portions of Florida (e.g. homeowners face non-renewal or cancellations) - CORRECT
ANSWER>>Residential Property & Casualty Joint Underwriting Association for property owners
Those who are eligible for coverage under the Florida Automobile Joint Underwriting
Association are? - CORRECT ANSWER>>Military Personnel
A non-resident owning an automobile in Florida
A non-resident subject to Florida no-fault law
A forcible entry into locked premises and the carrying away of the property of others is a
definition of: - CORRECT ANSWER>>Burglary
The inland marine coverage form that covers clothing, cameras and other portable property
worn and carried by tourists and travelers is a: - CORRECT ANSWER>>Personal effects floater
What does the property insurance term "improvements and betterment" apply to? - CORRECT
ANSWER>>Real Property
The penalty imposed upon a Florida licensee who violates a cease and desists order issued by
the CFO: - CORRECT ANSWER>>$50,000 Fine
What is amount is personal property used for business purposes, under a Homeowners policy
covered up to - CORRECT ANSWER>>up to $2500 on premises up to $1500 off premises
If a replacement costs exists, but the insured has a policy for only 50% of the replacement cost,
what percentage will the insured received for the loss? - CORRECT ANSWER>>50% of the
settlement amount
A statement that is believed to be true when made, which my prove to be false. - CORRECT
ANSWER>>Representation
, 2
A statement that is guaranteed to be correct: - CORRECT ANSWER>>Warranty
When can an insured cancel his/her policy? - CORRECT ANSWER>>At any time.
In Florida, how many days in advance of a premium due date must an auto insurer provide
notice of renewal to an insured? - CORRECT ANSWER>>30 days written notice
What deductibles are subject to any aircraft physical damages that differ according to
circumstances surrounding a given loss? - CORRECT ANSWER>>In-flight Ded (greatest amount)
Not-in-Motion (least amount)
They apply independently based on the actual loss
Uninsured Motorist's Coverage form, the insured can request: - CORRECT
ANSWER>>Nonstacked Coverage
Stacked Coverage
UM coverage at the limits lower than those that apply for liability coverage
If a mortgage is acknowledged in the policy and the insured concealed the fact that a hazard
exists to the insurance company, would the mortgage have a right to recover its full loan value?
- CORRECT ANSWER>>Yes
Under Florida Comparative Negligence law how much would one be able to recover if they were
found 25% at fault? - CORRECT ANSWER>>75% (the difference)
If a claimant is under the influence of drugs and/or alcohol and is found to be 50% or more at
fault, how much can they recover? - CORRECT ANSWER>>$0.00
A commercial property coverage part includes: - CORRECT ANSWER>>Common policy
conditions
Commercial property declarations
One or more causes of loss forms
When an insurance adjuster advises an insured to misrepresent the claim by suggesting how to
report a claim, the adjuster should be charged with: - CORRECT ANSWER>>Unfair Claims Act
The "outside premises" policy insuring agreement covers: - CORRECT ANSWER>>Loss of money
and securities and other property outside the premises.
