Florida Adjuster Exam Correct
100%
To operate as an insurance agency in Florida an agency is required to:
A. appoint at least two agents to manage the agency
B. appoint the Office as its agent for service or process
C. obtain a license or reg1strabon from the state
D. have transacted insurance in Florida for at least two years before apply for a license - ANSWER C.
obtain a license or registration from the state
Owen's house is damaged when Latrice's car crashes into it. After Owen's insurer pays to repair the
house, the insurer tries to recover its costs from Latrice. What provision in Owen's policy gives the
insurer this right?
A. subrogation
B. recovered property
C. assignment
C. loss settlement - ANSWER B. recovered property?
Which activity would fall outside the definition of "farming" in the standard farm liability coverage form?
A. Selling farm produce from a roadside stand
B. Selling tee shirts at a farmer's market in the city
C. Crop dusting
D. Field Irrigation - ANSWER B. Selling tee shirts at a farmer's market in the city?
, Holly routinely charges her clients an extra amount in addition to the premium stated In the insurance
policy to cover her own personal administrative expenses. What is true about Holly's actions?
A. They are lawful
B. They are lawful if the client agrees in writing
C. They are unlawful
D. They are lawful in most cases - ANSWER C. They are unlawful....?
A contractor hires 15-year-old Kevin as a part-time employee to cut lumber, knowing the law does not
permit Kevin to work near power tools because of his age. Kevin accidentally cuts his finger off while
using a power saw. The liability coverage of the contractor's workers compensation and employers
liability insurance policy:
A. covers the claim for injuries and any resulting punitive damages.
B. does not cover this claim because it involves intentional injury.
C. covers this claim, because Kevin was an employee injured on the job.
D. does not cover this claim because the contractor knew it employed Kevin in violation of the law. -
ANSWER D. does not cover this claim because the contractor knew it employed Kevin in violation of the
law.
What kind of insurance is the coverage in an ocean marine insurance policy that protects a shipowner
against a covered loss to the vessel but not to its cargo?
A. hull insurance
B. collision insurance
C. protection and indemnity insurance
D. physical damage insurance - ANSWER A. hull insurance.....?
Why is a homeowners insurance policy considered a package policy?
100%
To operate as an insurance agency in Florida an agency is required to:
A. appoint at least two agents to manage the agency
B. appoint the Office as its agent for service or process
C. obtain a license or reg1strabon from the state
D. have transacted insurance in Florida for at least two years before apply for a license - ANSWER C.
obtain a license or registration from the state
Owen's house is damaged when Latrice's car crashes into it. After Owen's insurer pays to repair the
house, the insurer tries to recover its costs from Latrice. What provision in Owen's policy gives the
insurer this right?
A. subrogation
B. recovered property
C. assignment
C. loss settlement - ANSWER B. recovered property?
Which activity would fall outside the definition of "farming" in the standard farm liability coverage form?
A. Selling farm produce from a roadside stand
B. Selling tee shirts at a farmer's market in the city
C. Crop dusting
D. Field Irrigation - ANSWER B. Selling tee shirts at a farmer's market in the city?
, Holly routinely charges her clients an extra amount in addition to the premium stated In the insurance
policy to cover her own personal administrative expenses. What is true about Holly's actions?
A. They are lawful
B. They are lawful if the client agrees in writing
C. They are unlawful
D. They are lawful in most cases - ANSWER C. They are unlawful....?
A contractor hires 15-year-old Kevin as a part-time employee to cut lumber, knowing the law does not
permit Kevin to work near power tools because of his age. Kevin accidentally cuts his finger off while
using a power saw. The liability coverage of the contractor's workers compensation and employers
liability insurance policy:
A. covers the claim for injuries and any resulting punitive damages.
B. does not cover this claim because it involves intentional injury.
C. covers this claim, because Kevin was an employee injured on the job.
D. does not cover this claim because the contractor knew it employed Kevin in violation of the law. -
ANSWER D. does not cover this claim because the contractor knew it employed Kevin in violation of the
law.
What kind of insurance is the coverage in an ocean marine insurance policy that protects a shipowner
against a covered loss to the vessel but not to its cargo?
A. hull insurance
B. collision insurance
C. protection and indemnity insurance
D. physical damage insurance - ANSWER A. hull insurance.....?
Why is a homeowners insurance policy considered a package policy?
