FLORIDA PUBLIC ALL LINES ADJUSTER
PRACTICE EVALUATION 2026 QUESTION BANK
FULL SOLUTION SET
◉ Replacement cost.
Answer: Which loss settlement provides new for old?
◉ the claims adjuster's role in the insurance industry includes.
Answer: Give appropriate legal advice and write binding contracts
◉ following are examples of a peril.
Answer: Lighting, Explosion and Fire
◉ The abandonment clause.
Answer: The clause that prohibits the insured from dumping
damaged property on the insurance company and demanding to be
paid in full is?
◉ Liberalization.
Answer: When a policy change results in broadened coverage with
no additional premium, the insured automatically receives the
benefit under the principle of?
,◉ Risk.
Answer: The chance of financial loss is known as?
◉ Percentage.
Answer: Hurricane insurance in coastal areas in Florida is written
subject to which of the following deductibles?
◉ Severability.
Answer: Insurance may apply separately to each insured, as if the
other insureds did not exist. This is known as the doctrine of?
◉ The principle of proximate cause.
Answer: When there is an unbroken connection between an
occurrence and the damage that arises from the occurrence, and all
the resulting damage happened on account of that occurrence, this is
known as?
◉ characteristics of a contract.
Answer: Consideration must be given to at least one party
◉ Primary.
,Answer: When two or more policies apply to the same loss, the one
that pays first is called?
◉ Mortgagee Clause.
Answer: The clause that protects the lender in a real property policy
is the?
◉ Indemnity.
Answer: The concept that one should not profit from the payment
provided by an insurance policy is known as?
◉ Property or first-party insurance.
Answer: Payment the insurance company makes directly to the
insured is?
◉ Written.
Answer: To be considered an insurance contract, a policy must be?
◉ Subrogation.
Answer: When the insured transfers his/her rights to collect for
damages to the insurer, it is known as?
◉ The insured.
, Answer: If an insurance policy is unclear or ambiguous, in whose
favor does the policy respond?
◉ Insurable interest.
Answer: A partial owner of a building cannot receive full value for
the building in the event of a loss because of?
◉ Comparative negligence.
Answer: Reduces the insured's damages by the degree of negligence
◉ the following are part of an insurance policy.
Answer: Exclusions, Declarations and Endorsementd
◉ ACV.
Answer: replacement cost minus depreciation
◉ The insured's house is totally destroyed in a fire. The house is
insured for $200,000. The adjuster who investigates the claims
determines the ACV of the home is $185,000..
Answer: The Florida Valued Policy Law requires the insurer to pay
$200,000
◉ describe a franchise deductible.
PRACTICE EVALUATION 2026 QUESTION BANK
FULL SOLUTION SET
◉ Replacement cost.
Answer: Which loss settlement provides new for old?
◉ the claims adjuster's role in the insurance industry includes.
Answer: Give appropriate legal advice and write binding contracts
◉ following are examples of a peril.
Answer: Lighting, Explosion and Fire
◉ The abandonment clause.
Answer: The clause that prohibits the insured from dumping
damaged property on the insurance company and demanding to be
paid in full is?
◉ Liberalization.
Answer: When a policy change results in broadened coverage with
no additional premium, the insured automatically receives the
benefit under the principle of?
,◉ Risk.
Answer: The chance of financial loss is known as?
◉ Percentage.
Answer: Hurricane insurance in coastal areas in Florida is written
subject to which of the following deductibles?
◉ Severability.
Answer: Insurance may apply separately to each insured, as if the
other insureds did not exist. This is known as the doctrine of?
◉ The principle of proximate cause.
Answer: When there is an unbroken connection between an
occurrence and the damage that arises from the occurrence, and all
the resulting damage happened on account of that occurrence, this is
known as?
◉ characteristics of a contract.
Answer: Consideration must be given to at least one party
◉ Primary.
,Answer: When two or more policies apply to the same loss, the one
that pays first is called?
◉ Mortgagee Clause.
Answer: The clause that protects the lender in a real property policy
is the?
◉ Indemnity.
Answer: The concept that one should not profit from the payment
provided by an insurance policy is known as?
◉ Property or first-party insurance.
Answer: Payment the insurance company makes directly to the
insured is?
◉ Written.
Answer: To be considered an insurance contract, a policy must be?
◉ Subrogation.
Answer: When the insured transfers his/her rights to collect for
damages to the insurer, it is known as?
◉ The insured.
, Answer: If an insurance policy is unclear or ambiguous, in whose
favor does the policy respond?
◉ Insurable interest.
Answer: A partial owner of a building cannot receive full value for
the building in the event of a loss because of?
◉ Comparative negligence.
Answer: Reduces the insured's damages by the degree of negligence
◉ the following are part of an insurance policy.
Answer: Exclusions, Declarations and Endorsementd
◉ ACV.
Answer: replacement cost minus depreciation
◉ The insured's house is totally destroyed in a fire. The house is
insured for $200,000. The adjuster who investigates the claims
determines the ACV of the home is $185,000..
Answer: The Florida Valued Policy Law requires the insurer to pay
$200,000
◉ describe a franchise deductible.
