LA CLAIMS ADJUSTER PROPERTY AND CAUSALITY
PRACTICE EXAM 2 QUIZZES WITH ACTUAL
ANSWERS UPDATED 2026-2027 .
A single Declarations page common to all coverages
A single conditions section common to all coverages - correct Answers -A commercial package policy
always includes
Send the insured a reservation of rights letter - correct Answers -If the insured fails to report claim in a
timely fashion, the adjuster will immediately ___
$1000 per person - correct Answers -The basic limit for coverage F-medical payments of the standard
homeowners form is normally
$250 - correct Answers -The CGL provides up to ___per day for loss of earnings as a supplementary
payment
Was made for the benefit of the insurance company and does not warrant the insureds compliance with all
laws and regulations - correct Answers -The insurance company chooses to inspect the insureds premises,
the insurance inspection:
60 days. - correct Answers -When is loss payable under LA standard fire policy?
30 days - correct Answers -When an insurer has received a completed satisfactory proof of loss, how
many days does the insurer have to pay the loss
expediting expense coverage - correct Answers -name the coverage that applies to the extra cost the
insured incurs to make temporary repairs and speed up the permanent repairs replacement of damage
covered equipment under an equipment breakdown policy
1
,Until the repairs are complete and the business re-opens, subject to a 12 consecutive month limitation -
correct Answers -How long will the business owner policy pay for the "extra expense coverage" used to
reduce the loss of income when the insured has suffered a loss from a covered peril
handled as a supplementary payment - correct Answers -Typically how are defense cost handled under
aviation policy
additional living expenses is included in this coverage as well as fair rental value - correct Answers -
under the HO policy, loss of use would cover what
60 days prior to the effective date - correct Answers -Dwelling forms include a liberalization clause. it
says that any revision of coverage which broadens the insurance without an additional premium charge
will be automatically applied to existing policies if the revision adopted during the policy period or within
Actual Cash Value - correct Answers -Equipment breakdown protection coverage form normally pays
replacement cost unless endorsed to pay ___
accidental shooting of livestock - correct Answers -____is covered under the broad dorm farm owners
policy but is not covered under the basic form farm owners policy
24 - correct Answers -In keeping with the terms and conditions of the LAW standard Fire Insurance
policy an insured may file suit to recover for a loss only if all policy requirements have been compiled
with and only if the suit is filed within __months of the date of loss
from the time of acquisition and up to 90 days thereafter - correct Answers -CGL newly acquired entity
how long will the new entity be automatically considered insured under the current CGL
Reservation of rights letter - correct Answers -what does the insurer do when the insured has possibly
waived his or her rights in a liability claim
10 days - correct Answers -how much advance notice of a hearing must the LA insurance commissioner
give to affected interested parties
$500 - correct Answers -what is the maximum fine for each violates the "immediate contact" rule in LA
2
, Freight Insurance - correct Answers -This ocean marine insurance coverage protects the vessel owner in
the event that cargo shipping cost are not paid
6 months/ 3 - correct Answers -To protect the public, the commissioner may examine a domestic insurer
every__ during the first ___years of organization
$25,000 - correct Answers -What is the limit that is paid for water damage under equipment breakdown
policy
15,000/30,000/25,000 - correct Answers -In order to satisfy the motor vehicle safety responsibility law in
Louisiana, what are the required minimum auto limits of liability a person must carry
Garagekeepers Legal Liability - correct Answers -What coverage is used to cover the damage to a
customers vehicle in the care of custody of a repair garage.
within 30 days following the receipt of such demand - correct Answers -when a hearing is demanded by
the commissioner of insurance in Louisianan, when must such a hearing be held?
Estoppel - correct Answers -If an insurance company covered an excluded claim it may have to continue
paying other such claims because of
an NFIP dwelling policy under the regular program - correct Answers -NFIP polices is required to include
the increased cost of compliance coverage
Reported within one year of the date of the accident - correct Answers -In a CGL policy, "medical
payments" claims must be
defense - correct Answers -The policy can not pay more then its limit if liability. Under supplemental
coverages in the policy the policy will pay the __ cost plus the cost of premiums on appeal bonds and bail
bonds
a constructive total loss - correct Answers -Describes a situation where a building is not a total loss but
the cost to repair the building is greater then the value of the building
3
PRACTICE EXAM 2 QUIZZES WITH ACTUAL
ANSWERS UPDATED 2026-2027 .
A single Declarations page common to all coverages
A single conditions section common to all coverages - correct Answers -A commercial package policy
always includes
Send the insured a reservation of rights letter - correct Answers -If the insured fails to report claim in a
timely fashion, the adjuster will immediately ___
$1000 per person - correct Answers -The basic limit for coverage F-medical payments of the standard
homeowners form is normally
$250 - correct Answers -The CGL provides up to ___per day for loss of earnings as a supplementary
payment
Was made for the benefit of the insurance company and does not warrant the insureds compliance with all
laws and regulations - correct Answers -The insurance company chooses to inspect the insureds premises,
the insurance inspection:
60 days. - correct Answers -When is loss payable under LA standard fire policy?
30 days - correct Answers -When an insurer has received a completed satisfactory proof of loss, how
many days does the insurer have to pay the loss
expediting expense coverage - correct Answers -name the coverage that applies to the extra cost the
insured incurs to make temporary repairs and speed up the permanent repairs replacement of damage
covered equipment under an equipment breakdown policy
1
,Until the repairs are complete and the business re-opens, subject to a 12 consecutive month limitation -
correct Answers -How long will the business owner policy pay for the "extra expense coverage" used to
reduce the loss of income when the insured has suffered a loss from a covered peril
handled as a supplementary payment - correct Answers -Typically how are defense cost handled under
aviation policy
additional living expenses is included in this coverage as well as fair rental value - correct Answers -
under the HO policy, loss of use would cover what
60 days prior to the effective date - correct Answers -Dwelling forms include a liberalization clause. it
says that any revision of coverage which broadens the insurance without an additional premium charge
will be automatically applied to existing policies if the revision adopted during the policy period or within
Actual Cash Value - correct Answers -Equipment breakdown protection coverage form normally pays
replacement cost unless endorsed to pay ___
accidental shooting of livestock - correct Answers -____is covered under the broad dorm farm owners
policy but is not covered under the basic form farm owners policy
24 - correct Answers -In keeping with the terms and conditions of the LAW standard Fire Insurance
policy an insured may file suit to recover for a loss only if all policy requirements have been compiled
with and only if the suit is filed within __months of the date of loss
from the time of acquisition and up to 90 days thereafter - correct Answers -CGL newly acquired entity
how long will the new entity be automatically considered insured under the current CGL
Reservation of rights letter - correct Answers -what does the insurer do when the insured has possibly
waived his or her rights in a liability claim
10 days - correct Answers -how much advance notice of a hearing must the LA insurance commissioner
give to affected interested parties
$500 - correct Answers -what is the maximum fine for each violates the "immediate contact" rule in LA
2
, Freight Insurance - correct Answers -This ocean marine insurance coverage protects the vessel owner in
the event that cargo shipping cost are not paid
6 months/ 3 - correct Answers -To protect the public, the commissioner may examine a domestic insurer
every__ during the first ___years of organization
$25,000 - correct Answers -What is the limit that is paid for water damage under equipment breakdown
policy
15,000/30,000/25,000 - correct Answers -In order to satisfy the motor vehicle safety responsibility law in
Louisiana, what are the required minimum auto limits of liability a person must carry
Garagekeepers Legal Liability - correct Answers -What coverage is used to cover the damage to a
customers vehicle in the care of custody of a repair garage.
within 30 days following the receipt of such demand - correct Answers -when a hearing is demanded by
the commissioner of insurance in Louisianan, when must such a hearing be held?
Estoppel - correct Answers -If an insurance company covered an excluded claim it may have to continue
paying other such claims because of
an NFIP dwelling policy under the regular program - correct Answers -NFIP polices is required to include
the increased cost of compliance coverage
Reported within one year of the date of the accident - correct Answers -In a CGL policy, "medical
payments" claims must be
defense - correct Answers -The policy can not pay more then its limit if liability. Under supplemental
coverages in the policy the policy will pay the __ cost plus the cost of premiums on appeal bonds and bail
bonds
a constructive total loss - correct Answers -Describes a situation where a building is not a total loss but
the cost to repair the building is greater then the value of the building
3
