ILLINOIS PUBLIC ADJUSTER 2025/2026
BANK 2 VERSIONS QUESTIONS AND
ACCURATE ACTUAL EXAM WITH
FREQUENTLY TESTED QUESTIONS
AND STUDY GUIDE / EXPERTLY
VERIFIED FOR GUARANTEED
PASS/BEST GRADED ALREADY
GRADED A+
1. To calculate a building limit for coinsurance purposes
under a commercial property policy, which of the
following would not be deducted?
(A. Piping and plumbing above the ground
floor (B. The foundation
(C. Fences
(D. Patios - ....ANSWER...(A. Piping and plumbing above
the ground floor
2. An insured commercial building insured for $500,000
sustains $100,000 in fire damage. Which of the following
would not also be covered?
(A. $10,000 for the cost of removing the debris
1
,(B. $850 fire department charge for water and for overtime
paid to firefighters
(C. $4000 expense for pollution cleanup at a
neighboring premises v
(D. $1500 in insured's expenses to prevent further damage
to the building - ....ANSWER...(C. $4000 expense for
pollution cleanup at a neighboring premises v
3. An insured commercial is destroyed by a covered peril.
During the rebuilding it is discovered that a sprinkler
system will need to be installedd u e to a change in
building codes. Which is correct?
(A. The sprinkler system cannot be covered
(B. The sprinkler system wil be covered up to $10,000
or 5% of the building limit, whichever is less
(C. This is an upgrade that is excluded
(D. There is coverage only if the Ordinance or Law
endorsement is attached to the policy - ....ANSWER...(B.
The sprinkler system wil be covered up to $10,000 or 5% of
the building limit, whichever is less
4. In a commercial property policy, which of the
following is not a potential duty of the insured in the event
2
,of loss?
(A. Prepare an inventory of damaged personal property
showing value and amount ofloss
(B. Determine if the agent is still appointed with the
insurance company
(C. Submit to examination by the insurer under oath
(D. Send a signed, sworn proof of loss within 60 days of the
insurer's request - ....ANSWER...(B. Determine if the
agent is still appointed with the insurance company
5. Which of the following does the Director not have the
power or duty to do?
(A. Enact laws regarding insurance practices
(B. Enforce insurance laws that are in the Illinois legal
code
(C. Adopt rules and regulations to enforce the insurance
laws
(D. Examine every Illinois insurance licensee -
....ANSWER...A. Enact laws regarding insurance practices
3
, 6. If the insured's full amount of appraised loss is upheld
under the appraisal clause of a fire and extended policy in
Illinois, who pays the fees of the appraisers and the
umpire?
(A. Each side pays for its own appraiser, and the fees of
the umpire si divided equally
(B. Each side pays for its own appraiser, and the insurer
pays the full cost of the umpire
(C. The insured pays the fees of the appraisers and the
umpire
(D. The insurer pays the fees of the appraisers and the
umpire - ....ANSWER...(D. The insurer pays the fees of
the appraisers and the umpire
7. An insurer must notify the public adjuster if a
homeowner's claim remains undecided for how many d a s
?
(A. 10 days after the date of loss
(B. 10 days after receiving proof of loss
(C. 25 days after the date of loss
(D. 25 days after receiving proof of loss - ....ANSWER...(D.
25 days after receiving proof of loss
4
BANK 2 VERSIONS QUESTIONS AND
ACCURATE ACTUAL EXAM WITH
FREQUENTLY TESTED QUESTIONS
AND STUDY GUIDE / EXPERTLY
VERIFIED FOR GUARANTEED
PASS/BEST GRADED ALREADY
GRADED A+
1. To calculate a building limit for coinsurance purposes
under a commercial property policy, which of the
following would not be deducted?
(A. Piping and plumbing above the ground
floor (B. The foundation
(C. Fences
(D. Patios - ....ANSWER...(A. Piping and plumbing above
the ground floor
2. An insured commercial building insured for $500,000
sustains $100,000 in fire damage. Which of the following
would not also be covered?
(A. $10,000 for the cost of removing the debris
1
,(B. $850 fire department charge for water and for overtime
paid to firefighters
(C. $4000 expense for pollution cleanup at a
neighboring premises v
(D. $1500 in insured's expenses to prevent further damage
to the building - ....ANSWER...(C. $4000 expense for
pollution cleanup at a neighboring premises v
3. An insured commercial is destroyed by a covered peril.
During the rebuilding it is discovered that a sprinkler
system will need to be installedd u e to a change in
building codes. Which is correct?
(A. The sprinkler system cannot be covered
(B. The sprinkler system wil be covered up to $10,000
or 5% of the building limit, whichever is less
(C. This is an upgrade that is excluded
(D. There is coverage only if the Ordinance or Law
endorsement is attached to the policy - ....ANSWER...(B.
The sprinkler system wil be covered up to $10,000 or 5% of
the building limit, whichever is less
4. In a commercial property policy, which of the
following is not a potential duty of the insured in the event
2
,of loss?
(A. Prepare an inventory of damaged personal property
showing value and amount ofloss
(B. Determine if the agent is still appointed with the
insurance company
(C. Submit to examination by the insurer under oath
(D. Send a signed, sworn proof of loss within 60 days of the
insurer's request - ....ANSWER...(B. Determine if the
agent is still appointed with the insurance company
5. Which of the following does the Director not have the
power or duty to do?
(A. Enact laws regarding insurance practices
(B. Enforce insurance laws that are in the Illinois legal
code
(C. Adopt rules and regulations to enforce the insurance
laws
(D. Examine every Illinois insurance licensee -
....ANSWER...A. Enact laws regarding insurance practices
3
, 6. If the insured's full amount of appraised loss is upheld
under the appraisal clause of a fire and extended policy in
Illinois, who pays the fees of the appraisers and the
umpire?
(A. Each side pays for its own appraiser, and the fees of
the umpire si divided equally
(B. Each side pays for its own appraiser, and the insurer
pays the full cost of the umpire
(C. The insured pays the fees of the appraisers and the
umpire
(D. The insurer pays the fees of the appraisers and the
umpire - ....ANSWER...(D. The insurer pays the fees of
the appraisers and the umpire
7. An insurer must notify the public adjuster if a
homeowner's claim remains undecided for how many d a s
?
(A. 10 days after the date of loss
(B. 10 days after receiving proof of loss
(C. 25 days after the date of loss
(D. 25 days after receiving proof of loss - ....ANSWER...(D.
25 days after receiving proof of loss
4
