8/8/25, 12:15 PM Adjuster Pro: Indiana Adjuster's License - Practice Exam COMPREHENSIVE QUESTIONS WITH MULTIPLE CHOICES |VERIFIED…
Adjuster Pro: Indiana Adjuster's License - Practice
Exam COMPREHENSIVE QUESTIONS WITH
MULTIPLE CHOICES |VERIFIED & REVISED
ANSWERS (NEW) 2025-2026
What is the vacancy D
condition in a typical
insurance policy?
A. states that a dwelling
vacant for more than 15
days is not insurable
B. states the insurance
policy will terminate if the
insured building is vacated
C. in commercial policies,
states that a building is
vacant if more than 31% of
the building is unoccupied
D. it establishes the
parameters for
considering a building
vacant for the purpose of
coverage
… 1/37
,8/8/25, 12:15 PM Adjuster Pro: Indiana Adjuster's License - Practice Exam COMPREHENSIVE QUESTIONS WITH MULTIPLE CHOICES |VERIFIED…
On January 27, 2008, Ryan D
was using an exercise bike
purchased from
NusquamCycle when the
chain broke, causing him
to fall and severely bruise
his knee. It seemed to heal
just fine, but three years
later, on January 25, 2011,
Ryan's knee gave out while
jogging. His doctor told
him that he'll need surgery
and that this deterioration
resulted from the earlier
accident with the exercise
bike. Which of the
following CGL policies
may cover Ryan's claim
filed January 25, 2011?
A. An occurrence policy
from Jan 31 2011-Jan 31
2013
B. An occurrence policy
from Feb 28 2008-Feb 28
2010
C. A claims-made policy
from Jan 31 2008-Jan 31
2010
D. A claims-made policy
from Jan 31 2009-Jan 31
2011
… 2/37
,8/8/25, 12:15 PM Adjuster Pro: Indiana Adjuster's License - Practice Exam COMPREHENSIVE QUESTIONS WITH MULTIPLE CHOICES |VERIFIED…
Which of the following A
statements about Indiana's
approach to Workers'
Comp insurance is true?
A. WC is compulsory, and
Indiana has no state WC
fund.
B. WC is elective, and
Indiana has no state WC
fund.
C. WC is elective, and
Indiana has a competitive
state WC fund.
D. WC is compulsory, and
Indiana has a monopolistic
state WC fund.
Who is NOT eligible for a D
homeowners policy?
A. An owner of a home
under construction
B. A person who owns and
lives in his house
C. A tenant who rents a
home or apartment
D. An owner of a house in
which he does not live,
but rents to a tenant
… 3/37
, 8/8/25, 12:15 PM Adjuster Pro: Indiana Adjuster's License - Practice Exam COMPREHENSIVE QUESTIONS WITH MULTIPLE CHOICES |VERIFIED…
Craig has an HO-3 C
policy covering his
primary residence
with a Coverage A
limit of $250,000,
Coverage B limit of
$25,000, and a
Coverage C limit of
$150,000. Craig also
has a cabin on the
lake, which was
burglarized. The
thieves stole much of
the cabin's
contents, for a total
loss of
$18,500. Ignoring
any deductibles, how
much
will Craig's HO-3
policy pay for this
claim?
A. $2,500
B. $0
C. $15,000
D. $18,500
… 4/37
Adjuster Pro: Indiana Adjuster's License - Practice
Exam COMPREHENSIVE QUESTIONS WITH
MULTIPLE CHOICES |VERIFIED & REVISED
ANSWERS (NEW) 2025-2026
What is the vacancy D
condition in a typical
insurance policy?
A. states that a dwelling
vacant for more than 15
days is not insurable
B. states the insurance
policy will terminate if the
insured building is vacated
C. in commercial policies,
states that a building is
vacant if more than 31% of
the building is unoccupied
D. it establishes the
parameters for
considering a building
vacant for the purpose of
coverage
… 1/37
,8/8/25, 12:15 PM Adjuster Pro: Indiana Adjuster's License - Practice Exam COMPREHENSIVE QUESTIONS WITH MULTIPLE CHOICES |VERIFIED…
On January 27, 2008, Ryan D
was using an exercise bike
purchased from
NusquamCycle when the
chain broke, causing him
to fall and severely bruise
his knee. It seemed to heal
just fine, but three years
later, on January 25, 2011,
Ryan's knee gave out while
jogging. His doctor told
him that he'll need surgery
and that this deterioration
resulted from the earlier
accident with the exercise
bike. Which of the
following CGL policies
may cover Ryan's claim
filed January 25, 2011?
A. An occurrence policy
from Jan 31 2011-Jan 31
2013
B. An occurrence policy
from Feb 28 2008-Feb 28
2010
C. A claims-made policy
from Jan 31 2008-Jan 31
2010
D. A claims-made policy
from Jan 31 2009-Jan 31
2011
… 2/37
,8/8/25, 12:15 PM Adjuster Pro: Indiana Adjuster's License - Practice Exam COMPREHENSIVE QUESTIONS WITH MULTIPLE CHOICES |VERIFIED…
Which of the following A
statements about Indiana's
approach to Workers'
Comp insurance is true?
A. WC is compulsory, and
Indiana has no state WC
fund.
B. WC is elective, and
Indiana has no state WC
fund.
C. WC is elective, and
Indiana has a competitive
state WC fund.
D. WC is compulsory, and
Indiana has a monopolistic
state WC fund.
Who is NOT eligible for a D
homeowners policy?
A. An owner of a home
under construction
B. A person who owns and
lives in his house
C. A tenant who rents a
home or apartment
D. An owner of a house in
which he does not live,
but rents to a tenant
… 3/37
, 8/8/25, 12:15 PM Adjuster Pro: Indiana Adjuster's License - Practice Exam COMPREHENSIVE QUESTIONS WITH MULTIPLE CHOICES |VERIFIED…
Craig has an HO-3 C
policy covering his
primary residence
with a Coverage A
limit of $250,000,
Coverage B limit of
$25,000, and a
Coverage C limit of
$150,000. Craig also
has a cabin on the
lake, which was
burglarized. The
thieves stole much of
the cabin's
contents, for a total
loss of
$18,500. Ignoring
any deductibles, how
much
will Craig's HO-3
policy pay for this
claim?
A. $2,500
B. $0
C. $15,000
D. $18,500
… 4/37
