Florida Public Adjuster Exam Questions
with Verified Answers
Stan built a porch for his home three years ago at a cost of $10,000. The value of the porch has
depreciated by $6,000, and it would cost $12,000 to replace it today. After Stan's porch burnt
down during a BBQ today, how much would a Standard Fire Policy indemnify Stan for his
porch? - ✔✔6,000
Why has Pollutant Cleanup and Removal coverage become more popular recently? - ✔✔EPA
fines and penalties have increased
All of the following are covered under Coverage A of a Business Owners Policy, EXCEPT: -
✔✔leased business personal property that must be insured.
Lucille owns her own woodworking business, building custom items such as dressers, wooden
trunks, and mantelpieces. A fire destroys her entire operation and Lucille files a claim with her
insurer. Which of the following would be covered under Coverage A of the Building and
Personal Property Coverage Form in her commercial property policy? - ✔✔a bandsaw
permenetly affixiated to the floor
In Florida, what are the basic limits of liability for Coverage E and Coverage F in a homeowners
policy? - ✔✔Coverage E is 100,000 and Coverage F is 1,000 per person
Which of the following does NOT fall under the classification of "small grains"? - ✔✔Corn
Which of the following individuals is NOT considered a "custodian" in commercial crime
insurance? - ✔✔Customer
Which of the following claims may be covered under an Equipment Breakdown Protection
Coverage Form? - ✔✔Hazardous material remediation was needed after a mechanical
with Verified Answers
Stan built a porch for his home three years ago at a cost of $10,000. The value of the porch has
depreciated by $6,000, and it would cost $12,000 to replace it today. After Stan's porch burnt
down during a BBQ today, how much would a Standard Fire Policy indemnify Stan for his
porch? - ✔✔6,000
Why has Pollutant Cleanup and Removal coverage become more popular recently? - ✔✔EPA
fines and penalties have increased
All of the following are covered under Coverage A of a Business Owners Policy, EXCEPT: -
✔✔leased business personal property that must be insured.
Lucille owns her own woodworking business, building custom items such as dressers, wooden
trunks, and mantelpieces. A fire destroys her entire operation and Lucille files a claim with her
insurer. Which of the following would be covered under Coverage A of the Building and
Personal Property Coverage Form in her commercial property policy? - ✔✔a bandsaw
permenetly affixiated to the floor
In Florida, what are the basic limits of liability for Coverage E and Coverage F in a homeowners
policy? - ✔✔Coverage E is 100,000 and Coverage F is 1,000 per person
Which of the following does NOT fall under the classification of "small grains"? - ✔✔Corn
Which of the following individuals is NOT considered a "custodian" in commercial crime
insurance? - ✔✔Customer
Which of the following claims may be covered under an Equipment Breakdown Protection
Coverage Form? - ✔✔Hazardous material remediation was needed after a mechanical
