NC ADJUSTER LICENSE EXAM AND PRACTICE
EXAM LATEST 2025-2026 ACTUAL EXAM 150
QUESTIONS AND CORRECT ANSWERS) |ALREADY
GRADED A+
Overview:
This study and practice tool aligns with the latest North Carolina Department of
Insurance licensing standards, covering the essential knowledge areas for
adjusters. It is structured to strengthen understanding of insurance regulations,
claims handling, policies, ethics, and best practices.
Key Features:
150 authentic exam-based questions with correct answers.
Verified and updated for the 2025–2026 exam cycle.
Reflects the actual exam structure and content areas.
Rated A+ for accuracy, completeness, and reliability.
Covers key topics: insurance policies, claims practices, liability, ethics, NC
laws, and regulations.
Purpose:
To equip learners with the knowledge and confidence to successfully pass the NC
Adjuster Licensing Exam on the first attempt.
Recommended For:
Candidates preparing for the NC Adjuster License Exam.
Learners seeking a dependable, exam-like practice resource.
Trainers and instructors needing verified prep material for adjuster
licensing.
✅ With 150 verified exam-style questions and answers, this resource is tailored
to help candidates succeed on the North Carolina Adjuster License Exam with
confidence.
,Which of the following statements is TRUE regarding nonwaiver agreements and reservation of rights
letters? - ANSWER-The are used only with first-party claimants to protect the rights of insureds and
insurers.
All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: -
ANSWERTo produce notes that will support a fraudulent denial of claims.
All of the following are excluded under the Commercial Building and Personal Property form, EXCEPT: -
ANSWER-Furniture and fixtures
An insured carries property insurance with a limit of $25,000 and an 80% coinsurance requirement. The
covered building, however, is worth $40,000. How much would she collect in the event of a total loss? -
ANSWER-$25,000.
A guest on vacation deposits cash and traveler's checks in the hotel safe deposit box located behind the
front desk. When the guest attempts to retrieve them, the box is empty. What coverage is required to
cover this loss for the hotel? - ANSWER-Guests property
Public adjusters: - ANSWER-Adjust first-party property loss claims.
The custom farming endorsement is usually attached to a farmowners policy when receipts exceed: -
ANSWER-$5,000
Which of the following statements is correct regarding pollution coverage under the special cause of loss
form of a Commercial Property policy? - ANSWER-It is excluded unless it was caused by a covered peril
With respects to insurers writing auto coverage in the North Carolina, which of the following is true
regarding the North Carolina Motor Vehicle Reinsurance Facility? - ANSWER-All insurance companies
writing auto coverage must participate in this program
Underground gasoline tanks on an insured's property leak damaging the property next door. Which
policy would pay for clean up? - ANSWER-Pollution Liability endorsement
, The insured is liable for $500,000 in damages for a personal injury claim that is covered under the
insured's primary liability policy. The primary liability policy has a $300,000 limit per occurrence. The
insured also has a $1 million Umbrella policy with a $3,000 self-insured retention limit. How would this
claim likely be settled? - ANSWER-The primary policy would pay $300,000 and the Umbrella policy would
pay $200,000
A customer has eaten seafood in a restaurant and became very ill while still in the restaurant. What type
of CGL claim is this? - ANSWER-Products Liability
All of the following statements are true regarding a Personal Umbrella policy, EXCEPT: - ANSWER-The
policy can be written as a monoline policy
Which of the following would be considered "economic losses" that could result in compensatory
damages being awarded in a negligence case? - ANSWER-Medical expense and lost wages
Farm liability coverages include each of the following, EXCEPT: - ANSWER-Professional liability
Which of the following statements about the Standard Fire Policy is correct? I.
A covered fire must be hostile, not friendly.
II. Lightning includes artificially generated electrical current. - ANSWER-I only
Gavin operates a small manufacturing plant and is covered under a Commercial Property Business
Income form. Under which of the following scenarios will Gavin be covered? - ANSWER-His loss of profit
while out of business as a result of a fire loss
The retroactive date on a claims-made CGL form specifies: - ANSWER-That losses occurring before the
date will not be covered by the policy.
A leased vehicle is considered to be a covered auto under the personal auto policy (PAP) if it is a private
passenger auto leased for at least: - ANSWER-6 consecutive months
EXAM LATEST 2025-2026 ACTUAL EXAM 150
QUESTIONS AND CORRECT ANSWERS) |ALREADY
GRADED A+
Overview:
This study and practice tool aligns with the latest North Carolina Department of
Insurance licensing standards, covering the essential knowledge areas for
adjusters. It is structured to strengthen understanding of insurance regulations,
claims handling, policies, ethics, and best practices.
Key Features:
150 authentic exam-based questions with correct answers.
Verified and updated for the 2025–2026 exam cycle.
Reflects the actual exam structure and content areas.
Rated A+ for accuracy, completeness, and reliability.
Covers key topics: insurance policies, claims practices, liability, ethics, NC
laws, and regulations.
Purpose:
To equip learners with the knowledge and confidence to successfully pass the NC
Adjuster Licensing Exam on the first attempt.
Recommended For:
Candidates preparing for the NC Adjuster License Exam.
Learners seeking a dependable, exam-like practice resource.
Trainers and instructors needing verified prep material for adjuster
licensing.
✅ With 150 verified exam-style questions and answers, this resource is tailored
to help candidates succeed on the North Carolina Adjuster License Exam with
confidence.
,Which of the following statements is TRUE regarding nonwaiver agreements and reservation of rights
letters? - ANSWER-The are used only with first-party claimants to protect the rights of insureds and
insurers.
All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: -
ANSWERTo produce notes that will support a fraudulent denial of claims.
All of the following are excluded under the Commercial Building and Personal Property form, EXCEPT: -
ANSWER-Furniture and fixtures
An insured carries property insurance with a limit of $25,000 and an 80% coinsurance requirement. The
covered building, however, is worth $40,000. How much would she collect in the event of a total loss? -
ANSWER-$25,000.
A guest on vacation deposits cash and traveler's checks in the hotel safe deposit box located behind the
front desk. When the guest attempts to retrieve them, the box is empty. What coverage is required to
cover this loss for the hotel? - ANSWER-Guests property
Public adjusters: - ANSWER-Adjust first-party property loss claims.
The custom farming endorsement is usually attached to a farmowners policy when receipts exceed: -
ANSWER-$5,000
Which of the following statements is correct regarding pollution coverage under the special cause of loss
form of a Commercial Property policy? - ANSWER-It is excluded unless it was caused by a covered peril
With respects to insurers writing auto coverage in the North Carolina, which of the following is true
regarding the North Carolina Motor Vehicle Reinsurance Facility? - ANSWER-All insurance companies
writing auto coverage must participate in this program
Underground gasoline tanks on an insured's property leak damaging the property next door. Which
policy would pay for clean up? - ANSWER-Pollution Liability endorsement
, The insured is liable for $500,000 in damages for a personal injury claim that is covered under the
insured's primary liability policy. The primary liability policy has a $300,000 limit per occurrence. The
insured also has a $1 million Umbrella policy with a $3,000 self-insured retention limit. How would this
claim likely be settled? - ANSWER-The primary policy would pay $300,000 and the Umbrella policy would
pay $200,000
A customer has eaten seafood in a restaurant and became very ill while still in the restaurant. What type
of CGL claim is this? - ANSWER-Products Liability
All of the following statements are true regarding a Personal Umbrella policy, EXCEPT: - ANSWER-The
policy can be written as a monoline policy
Which of the following would be considered "economic losses" that could result in compensatory
damages being awarded in a negligence case? - ANSWER-Medical expense and lost wages
Farm liability coverages include each of the following, EXCEPT: - ANSWER-Professional liability
Which of the following statements about the Standard Fire Policy is correct? I.
A covered fire must be hostile, not friendly.
II. Lightning includes artificially generated electrical current. - ANSWER-I only
Gavin operates a small manufacturing plant and is covered under a Commercial Property Business
Income form. Under which of the following scenarios will Gavin be covered? - ANSWER-His loss of profit
while out of business as a result of a fire loss
The retroactive date on a claims-made CGL form specifies: - ANSWER-That losses occurring before the
date will not be covered by the policy.
A leased vehicle is considered to be a covered auto under the personal auto policy (PAP) if it is a private
passenger auto leased for at least: - ANSWER-6 consecutive months
