FLORIDA CLAIMS ADJUSTER
EXAM | 2026-2027 LATEST
UPDATED
| COMPLETE QUESTIONS AND
100% RATED CORRECT
Conditional Contract - CORRECT ANSWER -The Insurer's
responsibility to pay for a property loss may be conditioned
on the insured having used reasonable means to avoid the loss,
to protect the property against further loss, and to give the
insurer proof of the loss is defined as?
Severability - CORRECT ANSWER -Insurance applies
separately to each insured as if other insureds did not exist.
Abandonment - CORRECT ANSWER -Property insurance
policies usually contain a(n) __________ clause, *stating the
insured cannot dump damaged property on the insurer and
demand its full value.*
,Insurable Interest - CORRECT ANSWER -One wherein
economic loss would be suffered from an adverse happening
to the subject.
Liberalization - CORRECT ANSWER -States that if the
insurer adopts a revision which would broaden coverage
without additional premium within some period of time prior
to the policy period or during the policy period, the insured
receives the benefit of such broadened coverage..
Doctrine of Proximate Cause - CORRECT ANSWER -States
that when there is an unbroken connection between an
occurrence and damage that grows out of the occurrence, then
the resultant damage is all a part of the occurrence.
Actual Cash Value - CORRECT ANSWER -The Loss
Settlement Valuation that subtracts an allowance for
depreciation Medical Payment limits apply per person; Frank
will receive full amount towards medical bills.
,Which of the following is not one of the rating factors for a
Homeowner's Policy? - CORRECT
ANSWER -Age & Gender of Insured
On a Homeowner's Policy, covers items that are not
permanently attached to the dwelling. This is defined as: -
CORRECT ANSWER -Other Structures
Examples include sheds, fences, pool houses, detached car
ports, etc.
A lender has an insurable interest in a home and finds
protection in the: - CORRECT ANSWER Mortgagee Clause
Mortgagee - Homeowner's policy
Loss Payee - Automobile policy
, Warranty - CORRECT ANSWER -A policy condition, either
based on information in the insured's application or inserted
by the insurer
Under Mechanical Breakdown Coverage, *new cars are
eligible for service up to:* - CORRECT
ANSWER -36 Months/36,000 Miles
Used vehicles: 12 Months/12,000 Miles
If financial responsibility doesn't exist at the time of an
accident, what happens? - CORRECT ANSWER
-The legally valid claims of others must be satisfied
(10/20/10)
The owner and operator must provide certification of future
responsibility for future accidents
EXAM | 2026-2027 LATEST
UPDATED
| COMPLETE QUESTIONS AND
100% RATED CORRECT
Conditional Contract - CORRECT ANSWER -The Insurer's
responsibility to pay for a property loss may be conditioned
on the insured having used reasonable means to avoid the loss,
to protect the property against further loss, and to give the
insurer proof of the loss is defined as?
Severability - CORRECT ANSWER -Insurance applies
separately to each insured as if other insureds did not exist.
Abandonment - CORRECT ANSWER -Property insurance
policies usually contain a(n) __________ clause, *stating the
insured cannot dump damaged property on the insurer and
demand its full value.*
,Insurable Interest - CORRECT ANSWER -One wherein
economic loss would be suffered from an adverse happening
to the subject.
Liberalization - CORRECT ANSWER -States that if the
insurer adopts a revision which would broaden coverage
without additional premium within some period of time prior
to the policy period or during the policy period, the insured
receives the benefit of such broadened coverage..
Doctrine of Proximate Cause - CORRECT ANSWER -States
that when there is an unbroken connection between an
occurrence and damage that grows out of the occurrence, then
the resultant damage is all a part of the occurrence.
Actual Cash Value - CORRECT ANSWER -The Loss
Settlement Valuation that subtracts an allowance for
depreciation Medical Payment limits apply per person; Frank
will receive full amount towards medical bills.
,Which of the following is not one of the rating factors for a
Homeowner's Policy? - CORRECT
ANSWER -Age & Gender of Insured
On a Homeowner's Policy, covers items that are not
permanently attached to the dwelling. This is defined as: -
CORRECT ANSWER -Other Structures
Examples include sheds, fences, pool houses, detached car
ports, etc.
A lender has an insurable interest in a home and finds
protection in the: - CORRECT ANSWER Mortgagee Clause
Mortgagee - Homeowner's policy
Loss Payee - Automobile policy
, Warranty - CORRECT ANSWER -A policy condition, either
based on information in the insured's application or inserted
by the insurer
Under Mechanical Breakdown Coverage, *new cars are
eligible for service up to:* - CORRECT
ANSWER -36 Months/36,000 Miles
Used vehicles: 12 Months/12,000 Miles
If financial responsibility doesn't exist at the time of an
accident, what happens? - CORRECT ANSWER
-The legally valid claims of others must be satisfied
(10/20/10)
The owner and operator must provide certification of future
responsibility for future accidents
