AdjusterPro Florida Study Guide & Practice Exam 2026–2027 Questions & Answers
Hide definitions
Subtract the deductible from covered damages to get indemnification
6 unique characteristics of insurance policy
1 Contracts of adhesion (court ez win)
2 Utmost good faith
3 aleatory
4 personal
5 Unilateral (only insurer has obligation)
6 Conditional
1945 regulate insurance
Naic doesn't give benefits to comissioners
90 day to pay
hijacking only covered with endorsement
Franchise Deductible in marine insurance
standard deductible 500
Seaworthy cargo legal no deviation in voyage
insurer has 14 days to respond to claim
,AdjusterPro Florida Study Guide & Practice Exam 2026–2027 Questions & Answers
theft. by insider
not covered
paying ,%
coinsurance
policy premiums
not out of pocket
Estoppel
protects the insured party from an insured who initially approves coverage but then later
denies coverage after the insured pays for repairs
contributory negligence
if plaintiff is negligent den no settlement
insurance claim is
a formal requestto settle the damage
Non-waiver agreement is used for
when an independent adjuster is investigating a claim in catastrophe situation
Public adjuster
represents insured not insurer
,AdjusterPro Florida Study Guide & Practice Exam 2026–2027 Questions & Answers
law and ordinance
(a.k.a. Code Upgrade Coverage): covers the repair or upgradecost when new building codes,
laws, or ordinances go into effect
tort
any civil wrongdoing
federal employee compensation actually 11
provides federal govt insurance for civillian employees
what is coverage for cc fraud or forgery
500$
FL sell auto insurance u need
Florida auto joint underwriting assoy
FELA (Federal Employer's Liability Act)
protects only trailroad workers
insured must advise insurance of broke sprinkler within 48 hours that is
commercial floater
block policy's are
commercial floater
, AdjusterPro Florida Study Guide & Practice Exam 2026–2027 Questions & Answers
DICE
1.declerations page
2.insuring agreement
3.conditions
4exlusiins
1 actual cash value replacement cost minus depreciation
2replacement cost
3stated amount
4Agreed value
1 actual cash value replacement cost minus depreciation
2replacement cost
3stated amount
4Agreed value
1 actual cash value replacement cost minus depreciation
2replacement cost
3stated amount
4Agreed value
1 actual cash value replacement cost minus depreciation
2replacement cost
3stated amount
4Agreed value
Valuation is
Hide definitions
Subtract the deductible from covered damages to get indemnification
6 unique characteristics of insurance policy
1 Contracts of adhesion (court ez win)
2 Utmost good faith
3 aleatory
4 personal
5 Unilateral (only insurer has obligation)
6 Conditional
1945 regulate insurance
Naic doesn't give benefits to comissioners
90 day to pay
hijacking only covered with endorsement
Franchise Deductible in marine insurance
standard deductible 500
Seaworthy cargo legal no deviation in voyage
insurer has 14 days to respond to claim
,AdjusterPro Florida Study Guide & Practice Exam 2026–2027 Questions & Answers
theft. by insider
not covered
paying ,%
coinsurance
policy premiums
not out of pocket
Estoppel
protects the insured party from an insured who initially approves coverage but then later
denies coverage after the insured pays for repairs
contributory negligence
if plaintiff is negligent den no settlement
insurance claim is
a formal requestto settle the damage
Non-waiver agreement is used for
when an independent adjuster is investigating a claim in catastrophe situation
Public adjuster
represents insured not insurer
,AdjusterPro Florida Study Guide & Practice Exam 2026–2027 Questions & Answers
law and ordinance
(a.k.a. Code Upgrade Coverage): covers the repair or upgradecost when new building codes,
laws, or ordinances go into effect
tort
any civil wrongdoing
federal employee compensation actually 11
provides federal govt insurance for civillian employees
what is coverage for cc fraud or forgery
500$
FL sell auto insurance u need
Florida auto joint underwriting assoy
FELA (Federal Employer's Liability Act)
protects only trailroad workers
insured must advise insurance of broke sprinkler within 48 hours that is
commercial floater
block policy's are
commercial floater
, AdjusterPro Florida Study Guide & Practice Exam 2026–2027 Questions & Answers
DICE
1.declerations page
2.insuring agreement
3.conditions
4exlusiins
1 actual cash value replacement cost minus depreciation
2replacement cost
3stated amount
4Agreed value
1 actual cash value replacement cost minus depreciation
2replacement cost
3stated amount
4Agreed value
1 actual cash value replacement cost minus depreciation
2replacement cost
3stated amount
4Agreed value
1 actual cash value replacement cost minus depreciation
2replacement cost
3stated amount
4Agreed value
Valuation is
