Claims Adjuster Exam Questions and
Answers A+ Guide
Multi Peril-Package - correct answers✅✅Any policy which provides
property & liability coverage (not homeowner)
ISO policy - correct answers✅✅Sold in Texas, but not Texas form
Only Texas DP 1 - correct answers✅✅Mainly the only TDP sold, now with
plethora of endorsements
Texas Standard Fire Policy - correct answers✅✅Granddaddy of all Texas
property policies
Business auto coverage e.g. - correct answers✅✅Owner of a taxi to cover
collision damage
Inland Marine (build milk policy) would cover e.g. - correct answers✅✅3k
gallons of milk in tanker truck
Texas Standard, Standard Fire & Business Owner - correct
answers✅✅Would all cover damage to something like a gift card shop fire
Tx Personal Auto Policy e.g. - correct answers✅✅Owner of family far, for
potential injury to other people
Trucker's policy - correct answers✅✅Trucking company, for potential
damage to other people's trailers which the trucking company may be
pulling
Actual Cash Value (ACV) - correct answers✅✅Replacement cost less
depreciation
, Claims Adjuster Exam Questions and
Answers A+ Guide
Garage Liability e.g. - correct answers✅✅For valet parking service to
have appropriate liability coverage it needs what kind of policy?
Flood, workers comp, crop, costal wind among others - correct
answers✅✅Types of casualty claims I will be unable to handle under
license I'm studying for
Ocean Marine Hull coverage - correct answers✅✅Would have to be
written for an insured to cover potential collision damage to insured's ship
Covered (if it's not written) - correct answers✅✅It's safe to assume that if
something is not excluded in writing it's appropriate to assume that the loss
is?
15/15/5 rule - correct answers✅✅15 calendar days to send notice you
received claim
15 business days to resolve case
5 days to pay claim (if applicable)
Options for High Risk Drivers? - correct answers✅✅Texas started TAIPA
Risk pool
Minus PIP ($2,500)
Uninsured/underinsured motorist coverage - correct answers✅✅What
does TAIPA provide?
Answers A+ Guide
Multi Peril-Package - correct answers✅✅Any policy which provides
property & liability coverage (not homeowner)
ISO policy - correct answers✅✅Sold in Texas, but not Texas form
Only Texas DP 1 - correct answers✅✅Mainly the only TDP sold, now with
plethora of endorsements
Texas Standard Fire Policy - correct answers✅✅Granddaddy of all Texas
property policies
Business auto coverage e.g. - correct answers✅✅Owner of a taxi to cover
collision damage
Inland Marine (build milk policy) would cover e.g. - correct answers✅✅3k
gallons of milk in tanker truck
Texas Standard, Standard Fire & Business Owner - correct
answers✅✅Would all cover damage to something like a gift card shop fire
Tx Personal Auto Policy e.g. - correct answers✅✅Owner of family far, for
potential injury to other people
Trucker's policy - correct answers✅✅Trucking company, for potential
damage to other people's trailers which the trucking company may be
pulling
Actual Cash Value (ACV) - correct answers✅✅Replacement cost less
depreciation
, Claims Adjuster Exam Questions and
Answers A+ Guide
Garage Liability e.g. - correct answers✅✅For valet parking service to
have appropriate liability coverage it needs what kind of policy?
Flood, workers comp, crop, costal wind among others - correct
answers✅✅Types of casualty claims I will be unable to handle under
license I'm studying for
Ocean Marine Hull coverage - correct answers✅✅Would have to be
written for an insured to cover potential collision damage to insured's ship
Covered (if it's not written) - correct answers✅✅It's safe to assume that if
something is not excluded in writing it's appropriate to assume that the loss
is?
15/15/5 rule - correct answers✅✅15 calendar days to send notice you
received claim
15 business days to resolve case
5 days to pay claim (if applicable)
Options for High Risk Drivers? - correct answers✅✅Texas started TAIPA
Risk pool
Minus PIP ($2,500)
Uninsured/underinsured motorist coverage - correct answers✅✅What
does TAIPA provide?
