GA Adjuster Exam Review QUESTIONS &
ANSWERS SOLUTION 2026 COMPLETE
EXAM | 100% CORRECT
In GA, _____insurance cannot be written by a reciprocal type insurer. - CORRECT ANSWERS
life
No insurer or licensee doing business in Georgia may pay any commissions or valuable consideration to
any person for services as an agent, subagent, or adjuster unless that person is duly licensed under the -
CORRECT ANSWERS Code
Mediation is not _____ on the parties involved, but with arbitration the decision is final and _____. -
CORRECT ANSWERS Binding
Standard and Poor's, A.M. Best and Moody's are examples of: - CORRECT ANSWERS
Independent Rating Services
What is the application fee for filing to become a self-insurer for workers compensation in Georgia? -
CORRECT ANSWERS $500
Insurance adjusters have the "power to bind". Which of the following statements best describes what
this means? - CORRECT ANSWERS The principal is bound to the decisions of the adjuster.
The perils most frequently covered by a Difference in Conditions policy are: - CORRECT ANSWERS
Flood and Earthquake
What is the purpose of the Georgia Insurance Guaranty Association? - CORRECT ANSWERS
Cover claims of insolvent insurers
, Twisting - CORRECT ANSWERS The act of inducing or attempting to induce a policy owner to
drop an existing life insurance policy and to take another policy that is substantially the same kind by
using misrepresentations or incomplete comparisons of the advantages and disadvantages of the two
policies. Most states have enacted legislation making twisting a crime.
Churning - CORRECT ANSWERS Churning occurs when an insurance agent replaces a
policyholder's insurance policy for another insurance policy, usually without consulting the policyholder
and often with no changes to the coverage itself. Agents who engage in churning do so in order to
secure an additional commission for the new policy they swap in.
Rebating - CORRECT ANSWERS Rebating — a portion of the premium or the agent's/broker's
commission on the premium to the insured or other inducements to place business with a specific
insurer. Rebating is illegal in the majority of states. Insurers must use filed rate credits or have
supporting methodology.
Uninsured motorist coverage law in Georgia applies to bodily injury claims sustained by an insured and
caused by an uninsured motorist as defined by the law. UMPD coverage is also included. - CORRECT
ANSWERS
In Georgia, the Chief Deputy Commissioner must execute a bond in the amount of: - CORRECT
ANSWERS $15,000
Adjusters must maintain record of each investigation or adjustment undertaken, and a statement of any
fee, commission, or other compensation received or to be received on account of the investigation or
adjustment. How long must the records be maintained for examination? - CORRECT ANSWERS
5
The limits of the Employers' Liability section of a standard workers' compensation policy are: - CORRECT
ANSWERS Listed on the information page
An insured has purchased BAP physical damage coverage against specified causes of loss. Protection
applies to all of the following perils, EXCEPT: - CORRECT ANSWERS Falling objects
ANSWERS SOLUTION 2026 COMPLETE
EXAM | 100% CORRECT
In GA, _____insurance cannot be written by a reciprocal type insurer. - CORRECT ANSWERS
life
No insurer or licensee doing business in Georgia may pay any commissions or valuable consideration to
any person for services as an agent, subagent, or adjuster unless that person is duly licensed under the -
CORRECT ANSWERS Code
Mediation is not _____ on the parties involved, but with arbitration the decision is final and _____. -
CORRECT ANSWERS Binding
Standard and Poor's, A.M. Best and Moody's are examples of: - CORRECT ANSWERS
Independent Rating Services
What is the application fee for filing to become a self-insurer for workers compensation in Georgia? -
CORRECT ANSWERS $500
Insurance adjusters have the "power to bind". Which of the following statements best describes what
this means? - CORRECT ANSWERS The principal is bound to the decisions of the adjuster.
The perils most frequently covered by a Difference in Conditions policy are: - CORRECT ANSWERS
Flood and Earthquake
What is the purpose of the Georgia Insurance Guaranty Association? - CORRECT ANSWERS
Cover claims of insolvent insurers
, Twisting - CORRECT ANSWERS The act of inducing or attempting to induce a policy owner to
drop an existing life insurance policy and to take another policy that is substantially the same kind by
using misrepresentations or incomplete comparisons of the advantages and disadvantages of the two
policies. Most states have enacted legislation making twisting a crime.
Churning - CORRECT ANSWERS Churning occurs when an insurance agent replaces a
policyholder's insurance policy for another insurance policy, usually without consulting the policyholder
and often with no changes to the coverage itself. Agents who engage in churning do so in order to
secure an additional commission for the new policy they swap in.
Rebating - CORRECT ANSWERS Rebating — a portion of the premium or the agent's/broker's
commission on the premium to the insured or other inducements to place business with a specific
insurer. Rebating is illegal in the majority of states. Insurers must use filed rate credits or have
supporting methodology.
Uninsured motorist coverage law in Georgia applies to bodily injury claims sustained by an insured and
caused by an uninsured motorist as defined by the law. UMPD coverage is also included. - CORRECT
ANSWERS
In Georgia, the Chief Deputy Commissioner must execute a bond in the amount of: - CORRECT
ANSWERS $15,000
Adjusters must maintain record of each investigation or adjustment undertaken, and a statement of any
fee, commission, or other compensation received or to be received on account of the investigation or
adjustment. How long must the records be maintained for examination? - CORRECT ANSWERS
5
The limits of the Employers' Liability section of a standard workers' compensation policy are: - CORRECT
ANSWERS Listed on the information page
An insured has purchased BAP physical damage coverage against specified causes of loss. Protection
applies to all of the following perils, EXCEPT: - CORRECT ANSWERS Falling objects
