Texas All Lines Adjuster Exam WITH 100% VERIFIED ANSWERS(REVISED)

Texas All Lines Adjuster Exam WITH 100% VERIFIED ANSWERS(REVISED) According to the insurance industry, loss caused by concurrent causes with one excluded and one covered cause (are/are not) covered. - are not Although the DP-1 can be endorsed with extended coverages, the coverage for ___, ___ and ___ is more extensive under DP-2. - smoke explosion vehicles An agent represents ___. A broker represents ___. - insurance company insured An agreed value clause negates ___. - coinsurance Aviation - Admitted aircraft liability pays when ___. - insured requests company is released from further liability Aviation - coverage subcategories - 1. parked/not in motion 2. taxiing/in motion 3. in flight Aviation - Deductible does not apply to losses from ___. (7) - fire lightning explosion transportation theft robbery pilferage Aviation - Disappearance means missing for ___ days. - 60 Aviation - Medical payments to ___ included. ___ can be added for additional premium. - passengers crew Aviation - perils covered - open Aviation - Person becomes passenger when ___. - they enter aircraft Aviation - territory - US Canada Mexico (within 100 miles of border) Aviation - true/false: Liability to passengers is included in limit for liability to others. - false Aviation - types of pilot warranties - named - pilots listed open - qualifications listed Aviation - underwriting criteria (hull) - pilot size type age/condition Aviation - underwriting criteria (liability) - condition/value/difficulty level of aircraft use pilot qualifications Aviation - War Risk covers ___. (5) - war confiscation seizure arrest detention BAP - Dealer's Drive Away endorsement is needed for vehicle driven over ___ miles away from dealership. - 50 BAP - Drive Other Car covers ___. - named insured/spouse for personal use BAP - Individual Named Insured covers ___. - insured's personal auto BAP - List covered auto symbols. - 1 - all 2 - owned 3 - owned private passenger 4 - owned other than private passenger 5 - subject to no-fault 6 - subject to UM 7 - specifically described 8 - hired 9 - non-owned 19 - mobile equipment BAP - Specified Hired Auto treats hired auto as __. - covered auto BAP - true/false: An insured with specified causes of loss coverage would be covered for striking a deer. - false BAP - true/false: Owner of hired/borrowed auto is covered for liability. - false BAP - true/false: UM, UIM, medical payments, and PIP are automatically included in BAP. - false (must be added by endorsement) BAP comprehensive deductible does not apply to losses from ___ & ___. - fire lightning BAP provides worldwide coverage for ___ vehicles for ___ days. - hired/leased/rented/borrowed private passenger 30