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CALIFORNIA INSURANCE ADJUSTER EXAM 2024 ACTUAL EXAM
COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS) / ALREADY GRADED A+
Which kind of losses are covered under a standard fire policy? - ANSWER ✔✔-Direct
All fires are not covered by the Standard Fire policies, only those that: - ANSWER ✔✔-are hostile and
have a flame or glow
At what time does a fire policy go into affect? - ANSWER ✔✔-12:01am standard time at the location of
the insured's property
A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of
damage. What is the maximum amount the insured may collect under each policy? - ANSWER ✔✔-
$5,000
A fire burning in the middle of the living room would be considered: - ANSWER ✔✔-a hostile fire
An insured's house is damaged by fire caused by a neighbor's negligence. The insurance company will
attempt to recover damage from the neighbor. This is called: - ANSWER ✔✔-subrogation
Which of the following statements are true concerning requirements of the standard fire policy? -
ANSWER ✔✔-The insured must separate damaged from undamaged property in the event there is a loss
AND If a loss occurs, the insured normally has 60 days to file a proof of loss with the insurer
Which types of property are excluded from coverage under the basic fire policy? - ANSWER ✔✔-
accounts, currency, deeds, and securities
Who is insured under the Standard Fire policy? - ANSWER ✔✔-the named insured and his legal
representatives
Crafted for Academic Insight by ©Olivia GreenWays 2025. All rights reserved.
,2|Page
An agreement which affords temporary insurance protection until the policy is issued is called: -
ANSWER ✔✔-a binder
as a general rule, a complete fire insurance policy would be made up of: - ANSWER ✔✔-the Standard
Fire policy with one or more forms attached
The one condition listed below which will not void a fire policy:
a) false swearing
b) misrepresentation
c) over-insurance
d) concealment - ANSWER ✔✔-over-insurance
replacement cost minus depreciation: - ANSWER ✔✔-Actual Cash Value (ACV)
The Standard Fire policy with an extended coverage endorsement attached covers which of the following:
- ANSWER ✔✔-riot
A loss due to order of Civil Authority: - ANSWER ✔✔-is excluded unless the loss occurs because of an
order by Civil Authorities for the purpose of controlling a fire
The term "unoccupancy" refers to the absence of : - ANSWER ✔✔-persons from a building
Suppose a fire occurs on February 26th. On April 30th, the insurance company notifies the mortgagee the
insured has not filed a proof of loss. To protect their interest, the mortgagee must file a proof of loss
within _________ days after what date? - ANSWER ✔✔-60 days after April 30th
For recovery under the Standard Fire policy, a party must: - ANSWER ✔✔-be named in the policy and
show an insurable interest in the property at the time the loss occurs
Crafted for Academic Insight by ©Olivia GreenWays 2025. All rights reserved.
, 3|Page
What is the requirement on how much experience one must have to be elected the insurance
commissioner in Georgia? - ANSWER ✔✔-None
Once elected, how long is the insurance commissioner's term? - ANSWER ✔✔-4 years
Is there a limit on the number of terms an insurance commissioner can serve? - ANSWER ✔✔-No
Who is Georgia's current insurance commissioner? - ANSWER ✔✔-Ralph Hudgens
What two capacities does Georgia's insurance commissioner serve? - ANSWER ✔✔-1. Chief Officer of
Insurance Dept.
2. Chief Fire Marshall
What happens if the Insurance Commissioner has to resign early? - ANSWER ✔✔-No election; the Chief
Deputy will take over
What is the requirement to serve as Chief Deputy in Georgia? - ANSWER ✔✔-must have a bond in the
amount of $15,000
If you are a domestic insurer in Georgia, how often does code say your financials must be examined? -
ANSWER ✔✔-once every 5 years
Only one court in Georgia has the right to overturn the decision of the Insurance Commissioner. Which is
it? - ANSWER ✔✔-Superior Court of Fulton County
What certificate is required for a company to be an authorized insurer in Georgia? - ANSWER ✔✔-
Certificate of Authority
Surplus Lines Risk - ANSWER ✔✔-has been rejected by 3 authorized insurers
What is the primary reason the state of Georgia would revoke an insurance company's certificate to
authorize? - ANSWER ✔✔-if they're under financial distress
Crafted for Academic Insight by ©Olivia GreenWays 2025. All rights reserved.
CALIFORNIA INSURANCE ADJUSTER EXAM 2024 ACTUAL EXAM
COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS) / ALREADY GRADED A+
Which kind of losses are covered under a standard fire policy? - ANSWER ✔✔-Direct
All fires are not covered by the Standard Fire policies, only those that: - ANSWER ✔✔-are hostile and
have a flame or glow
At what time does a fire policy go into affect? - ANSWER ✔✔-12:01am standard time at the location of
the insured's property
A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of
damage. What is the maximum amount the insured may collect under each policy? - ANSWER ✔✔-
$5,000
A fire burning in the middle of the living room would be considered: - ANSWER ✔✔-a hostile fire
An insured's house is damaged by fire caused by a neighbor's negligence. The insurance company will
attempt to recover damage from the neighbor. This is called: - ANSWER ✔✔-subrogation
Which of the following statements are true concerning requirements of the standard fire policy? -
ANSWER ✔✔-The insured must separate damaged from undamaged property in the event there is a loss
AND If a loss occurs, the insured normally has 60 days to file a proof of loss with the insurer
Which types of property are excluded from coverage under the basic fire policy? - ANSWER ✔✔-
accounts, currency, deeds, and securities
Who is insured under the Standard Fire policy? - ANSWER ✔✔-the named insured and his legal
representatives
Crafted for Academic Insight by ©Olivia GreenWays 2025. All rights reserved.
,2|Page
An agreement which affords temporary insurance protection until the policy is issued is called: -
ANSWER ✔✔-a binder
as a general rule, a complete fire insurance policy would be made up of: - ANSWER ✔✔-the Standard
Fire policy with one or more forms attached
The one condition listed below which will not void a fire policy:
a) false swearing
b) misrepresentation
c) over-insurance
d) concealment - ANSWER ✔✔-over-insurance
replacement cost minus depreciation: - ANSWER ✔✔-Actual Cash Value (ACV)
The Standard Fire policy with an extended coverage endorsement attached covers which of the following:
- ANSWER ✔✔-riot
A loss due to order of Civil Authority: - ANSWER ✔✔-is excluded unless the loss occurs because of an
order by Civil Authorities for the purpose of controlling a fire
The term "unoccupancy" refers to the absence of : - ANSWER ✔✔-persons from a building
Suppose a fire occurs on February 26th. On April 30th, the insurance company notifies the mortgagee the
insured has not filed a proof of loss. To protect their interest, the mortgagee must file a proof of loss
within _________ days after what date? - ANSWER ✔✔-60 days after April 30th
For recovery under the Standard Fire policy, a party must: - ANSWER ✔✔-be named in the policy and
show an insurable interest in the property at the time the loss occurs
Crafted for Academic Insight by ©Olivia GreenWays 2025. All rights reserved.
, 3|Page
What is the requirement on how much experience one must have to be elected the insurance
commissioner in Georgia? - ANSWER ✔✔-None
Once elected, how long is the insurance commissioner's term? - ANSWER ✔✔-4 years
Is there a limit on the number of terms an insurance commissioner can serve? - ANSWER ✔✔-No
Who is Georgia's current insurance commissioner? - ANSWER ✔✔-Ralph Hudgens
What two capacities does Georgia's insurance commissioner serve? - ANSWER ✔✔-1. Chief Officer of
Insurance Dept.
2. Chief Fire Marshall
What happens if the Insurance Commissioner has to resign early? - ANSWER ✔✔-No election; the Chief
Deputy will take over
What is the requirement to serve as Chief Deputy in Georgia? - ANSWER ✔✔-must have a bond in the
amount of $15,000
If you are a domestic insurer in Georgia, how often does code say your financials must be examined? -
ANSWER ✔✔-once every 5 years
Only one court in Georgia has the right to overturn the decision of the Insurance Commissioner. Which is
it? - ANSWER ✔✔-Superior Court of Fulton County
What certificate is required for a company to be an authorized insurer in Georgia? - ANSWER ✔✔-
Certificate of Authority
Surplus Lines Risk - ANSWER ✔✔-has been rejected by 3 authorized insurers
What is the primary reason the state of Georgia would revoke an insurance company's certificate to
authorize? - ANSWER ✔✔-if they're under financial distress
Crafted for Academic Insight by ©Olivia GreenWays 2025. All rights reserved.
