TEXAS ALL LINES ADJUSTER EXAM Questions
and Answers Latest Updates 2025 GRADED
A+
An insured is covered under a CGL policy. He would like to purchase another
policy to increase the limits of insurance for his commercial liability
exposures. Which of the following statements is correct regarding the
insured's situation? - correct answer ✅The insured may purchase either a
Commercial Umbrella or an Excess Liability policy to increase his liability
insurance limits..
Which of the following statements defines a "bailee"? - correct answer
✅Someone, other than the insured, to whom the insured property is
entrusted temporarily.
The crew of a ship is guilty of fraud with the intention of reaping gains at the
expense of the owner. In ocean marine coverage, what is this called? -
correct answer ✅Barratry.
,Symbol 23 is designated on the insured's Garage Coverage form. This
indicates that: - correct answer ✅That owned private passenger autos only
are covered..
An applicant fails to disclose known facts when completing an application for
insurance. This act is known as: - correct answer ✅Concealment
All of the following are correct statements regarding the limits of liability
under Part A of a Personal Auto policy, EXCEPT: - correct answer ✅When the
Part A limits are exhausted, any limits for Uninsured Motorists coverage can
be used to pay the entire claim..
If a covered business is a limited liability company, the standard
Businessowners policy provides coverage for all of the following "insureds",
EXCEPT: - correct answer ✅Executive director..
The HO-3 form insures for direct physical loss to covered property involving
collapse of a building caused by all of the following, EXCEPT: - correct answer
✅Settling.
,All of the following statements are TRUE if Builders' Risk coverage is written
on a completed value basis, EXCEPT - correct answer ✅All premiums must
be paid up front before construction can begin..
A non-waiver agreement allows the insurer to: - correct answer
✅Investigate a loss without implying that it is covered
Which of the following sections of an Ocean Marine policy is very similar to
the "Duties of the Insured" in other property policies? - correct answer
✅The Sue and Labor clause
Coverage under a standard Personal Watercraft policy extends to all of the
following, EXCEPT: - correct answer ✅The crew of the boat for medical
payments
Loss to insured property caused by self-propelled missiles is covered under
which of the following perils of the Homeowners form? - correct answer
✅Aircraft.
, The importance of an "Insured or Witness Investigation" is that: - correct
answer ✅Obtaining their statements is very important in determining who
is liable
Which of the following basic coverages are provided under a Standard Fire
policy? - correct answer ✅Fire, lightning and removal..
All of the following statements regarding the Commercial Package Policy are
correct, EXCEPT: - correct answer ✅Commercial Package Policies can include
Ocean Marine and Aviation Insurance coverage. .
Ellen's automobile is stolen. The theft is properly reported to the police and
the insurance company. She rents a car for two months. Which of the
following would apply for the rental car? - correct answer ✅After a waiting
period of 48 hours, her policy will pay $20 per day up to a maximum of $600
The insured carries an unendorsed DP-3 dwelling policy on his home and
personal contents. While traveling abroad someone broke into the home
and Answers Latest Updates 2025 GRADED
A+
An insured is covered under a CGL policy. He would like to purchase another
policy to increase the limits of insurance for his commercial liability
exposures. Which of the following statements is correct regarding the
insured's situation? - correct answer ✅The insured may purchase either a
Commercial Umbrella or an Excess Liability policy to increase his liability
insurance limits..
Which of the following statements defines a "bailee"? - correct answer
✅Someone, other than the insured, to whom the insured property is
entrusted temporarily.
The crew of a ship is guilty of fraud with the intention of reaping gains at the
expense of the owner. In ocean marine coverage, what is this called? -
correct answer ✅Barratry.
,Symbol 23 is designated on the insured's Garage Coverage form. This
indicates that: - correct answer ✅That owned private passenger autos only
are covered..
An applicant fails to disclose known facts when completing an application for
insurance. This act is known as: - correct answer ✅Concealment
All of the following are correct statements regarding the limits of liability
under Part A of a Personal Auto policy, EXCEPT: - correct answer ✅When the
Part A limits are exhausted, any limits for Uninsured Motorists coverage can
be used to pay the entire claim..
If a covered business is a limited liability company, the standard
Businessowners policy provides coverage for all of the following "insureds",
EXCEPT: - correct answer ✅Executive director..
The HO-3 form insures for direct physical loss to covered property involving
collapse of a building caused by all of the following, EXCEPT: - correct answer
✅Settling.
,All of the following statements are TRUE if Builders' Risk coverage is written
on a completed value basis, EXCEPT - correct answer ✅All premiums must
be paid up front before construction can begin..
A non-waiver agreement allows the insurer to: - correct answer
✅Investigate a loss without implying that it is covered
Which of the following sections of an Ocean Marine policy is very similar to
the "Duties of the Insured" in other property policies? - correct answer
✅The Sue and Labor clause
Coverage under a standard Personal Watercraft policy extends to all of the
following, EXCEPT: - correct answer ✅The crew of the boat for medical
payments
Loss to insured property caused by self-propelled missiles is covered under
which of the following perils of the Homeowners form? - correct answer
✅Aircraft.
, The importance of an "Insured or Witness Investigation" is that: - correct
answer ✅Obtaining their statements is very important in determining who
is liable
Which of the following basic coverages are provided under a Standard Fire
policy? - correct answer ✅Fire, lightning and removal..
All of the following statements regarding the Commercial Package Policy are
correct, EXCEPT: - correct answer ✅Commercial Package Policies can include
Ocean Marine and Aviation Insurance coverage. .
Ellen's automobile is stolen. The theft is properly reported to the police and
the insurance company. She rents a car for two months. Which of the
following would apply for the rental car? - correct answer ✅After a waiting
period of 48 hours, her policy will pay $20 per day up to a maximum of $600
The insured carries an unendorsed DP-3 dwelling policy on his home and
personal contents. While traveling abroad someone broke into the home
