Florida Public Adjuster Exam Questions
with Verified Answers
A new, unused vehicle is not required to be inspected prior to obtaining physical damage
insurance coverage if the insurer is provided with: - ✔✔the insured can prove to the insurer
with a bill of sale that the vehicle is a new/unused car.
If an appointed agent says a certain claim is covered, the insurer must cover that claim. The
insurer would be prohibited from or estopped from denying it, even if the policy clearly
excluded the claim. This is known as: - ✔✔Estoppel
Sprinkler Leakage Insurance does not provide coverage for: - ✔✔Growing Crops (Crop
insurance is separate)
Personal Property under HO-3 is covered on a - ✔✔Named Peril basis
Personal Property under HO-5 is covered on - ✔✔an open peril basis
Debris removal is included in the dwelling and contents coverage, but is limited to -
✔✔reasonable expenses
If a commercial building has been vacant for more than 60 days, the following peril(s) are
affected as regards to coverage: - ✔✔Vandalism
Freezing
Fire
A personal insurance policy that includes both personal property and personal liability
coverages without endorsement: - ✔✔Homeowners Policy
, Under a Commercial Package Policy, how many days does one have to notify the insurance
company of a claim? - ✔✔The insurer must notify promptly. The number of days are not
specific.
What are the continuing education requirements for public adjusters? - ✔✔24 hours of
continuing education (5 hours law and ethics/ 19 hours online approved course by the DFS for
public adjusters)
A policy which the policyholder is required to report the values of insured property to the
company at certain intervals is known as a: - ✔✔Reporting Form Policy
Reporting form policy requires the insured to insure the property at what %? - ✔✔100%
Reporting form policy requires the insured to report what % of the value of the insured
property? - ✔✔100%
Medical Payment Coverage under a homeowner policy excludes: - ✔✔anyone living in the
insured residence.
Under the BOP, up to how many years can the insurer request to examine the books and
records of an insured? - ✔✔3 years
How much are damaged or loss to signs limited to even when it is attached to the building and
considered part of the building? - ✔✔$1000
Name a common feature to most property insured under a commercial inland marine policy. -
✔✔Usually in Transit
What is an unendorsed commercial building and personal property form, loss valuation based
on? - ✔✔ACV
with Verified Answers
A new, unused vehicle is not required to be inspected prior to obtaining physical damage
insurance coverage if the insurer is provided with: - ✔✔the insured can prove to the insurer
with a bill of sale that the vehicle is a new/unused car.
If an appointed agent says a certain claim is covered, the insurer must cover that claim. The
insurer would be prohibited from or estopped from denying it, even if the policy clearly
excluded the claim. This is known as: - ✔✔Estoppel
Sprinkler Leakage Insurance does not provide coverage for: - ✔✔Growing Crops (Crop
insurance is separate)
Personal Property under HO-3 is covered on a - ✔✔Named Peril basis
Personal Property under HO-5 is covered on - ✔✔an open peril basis
Debris removal is included in the dwelling and contents coverage, but is limited to -
✔✔reasonable expenses
If a commercial building has been vacant for more than 60 days, the following peril(s) are
affected as regards to coverage: - ✔✔Vandalism
Freezing
Fire
A personal insurance policy that includes both personal property and personal liability
coverages without endorsement: - ✔✔Homeowners Policy
, Under a Commercial Package Policy, how many days does one have to notify the insurance
company of a claim? - ✔✔The insurer must notify promptly. The number of days are not
specific.
What are the continuing education requirements for public adjusters? - ✔✔24 hours of
continuing education (5 hours law and ethics/ 19 hours online approved course by the DFS for
public adjusters)
A policy which the policyholder is required to report the values of insured property to the
company at certain intervals is known as a: - ✔✔Reporting Form Policy
Reporting form policy requires the insured to insure the property at what %? - ✔✔100%
Reporting form policy requires the insured to report what % of the value of the insured
property? - ✔✔100%
Medical Payment Coverage under a homeowner policy excludes: - ✔✔anyone living in the
insured residence.
Under the BOP, up to how many years can the insurer request to examine the books and
records of an insured? - ✔✔3 years
How much are damaged or loss to signs limited to even when it is attached to the building and
considered part of the building? - ✔✔$1000
Name a common feature to most property insured under a commercial inland marine policy. -
✔✔Usually in Transit
What is an unendorsed commercial building and personal property form, loss valuation based
on? - ✔✔ACV
