Florida Insurance Test 4: Key Laws, Adjuster
Regulations and Ethical Standards Questions
with Verified Correct Answers
What is an insurer formed under the laws of New York?
A foreign insurer.
How many days does an adjuster have to notify the Department of a change in address?
30 days.
Which Florida Statute governs the transaction of matters arising out of a contract of
insurance?
Florida Statute 624.02.
In which matters may a public adjuster NOT represent a claimant?
Workers' compensation claim.
What is the required bond amount for a public adjuster?
$50,000.
How often must adjusters take continuing education?
Every two years.
For how long can a catastrophe or emergency adjuster license be issued?
For the period of the emergency determined by the Department.
In an Auto Policy Physical Damage Coverage with a $500 deductible, which damage does the
deductible not apply to?
Auto glass damage.
Regulations and Ethical Standards Questions
with Verified Correct Answers
What is an insurer formed under the laws of New York?
A foreign insurer.
How many days does an adjuster have to notify the Department of a change in address?
30 days.
Which Florida Statute governs the transaction of matters arising out of a contract of
insurance?
Florida Statute 624.02.
In which matters may a public adjuster NOT represent a claimant?
Workers' compensation claim.
What is the required bond amount for a public adjuster?
$50,000.
How often must adjusters take continuing education?
Every two years.
For how long can a catastrophe or emergency adjuster license be issued?
For the period of the emergency determined by the Department.
In an Auto Policy Physical Damage Coverage with a $500 deductible, which damage does the
deductible not apply to?
Auto glass damage.
