age 1 of 32
PUBLIC ADJUSTER FINAL EXAM PREP 2025/2026
ACCURATE QUESTIONS WITH CORRECT DETAILED
ANSWERS || 100% GUARANTEED PASS <RECENT
VERSION>
Public Adjuster .......Answer.........Person, partnership, that
represents the public as an adjuster of claims
Public Adjuster minimum standards .......Answer.........Title must
read Public Adjuster contract
Name phone number address and business name of Adjuster
Address of the insured and name
Percentage of the payments received
execution date and signatures
,age 2 of 32
right to cancel
How can an adjuster collect his fee? .......Answer.........a
percentage of each check, not the lump sum
Are late fees or collection costs prohibited? .......Answer.........Yes
Refund payments, return instruments, and take necessary actions
under contract .......Answer.........15 working days
Notify an insurer of contract execution, communicate in writing,
reply to written communication from an insurer .......Answer.........2
business days
Acknowledge receipt of a claim .......Answer.........10 working
days
Provide claim forms and reasonable assistance
.......Answer.........10 working days
,age 3 of 32
Respond to an insurance department inquiry .......Answer.........15
working days
Complete investigation .......Answer.........30 working days
accept or deny a claim after proof of loss is executed
.......Answer.........15 working days
Elements of a contract .......Answer.........Agreement,
Consideration, Competent Parties, Legal purpose
Contract of Adhesion .......Answer.........No opportunity to change,
must be adhered to
Aleatory Contracts .......Answer.........Based upon the occurrence
of a future event of unequal bargaining value
Personal Contract .......Answer.........Highest degree of good faith
, age 4 of 32
Unilateral contract .......Answer.........Act exchanged for a promise
Conditional Contract .......Answer.........contingent upon certain
acts by the insured
Ambiguities .......Answer.........not being clear, goes against the
insurance company
Indemnity .......Answer.........Principle of restoring the extent of the
loss
Subrogation .......Answer.........going after the third party's
negligence
Material misrepresentation .......Answer.........can reject coverage
Warranties .......Answer.........Affirmative, Promissory, Implied
PUBLIC ADJUSTER FINAL EXAM PREP 2025/2026
ACCURATE QUESTIONS WITH CORRECT DETAILED
ANSWERS || 100% GUARANTEED PASS <RECENT
VERSION>
Public Adjuster .......Answer.........Person, partnership, that
represents the public as an adjuster of claims
Public Adjuster minimum standards .......Answer.........Title must
read Public Adjuster contract
Name phone number address and business name of Adjuster
Address of the insured and name
Percentage of the payments received
execution date and signatures
,age 2 of 32
right to cancel
How can an adjuster collect his fee? .......Answer.........a
percentage of each check, not the lump sum
Are late fees or collection costs prohibited? .......Answer.........Yes
Refund payments, return instruments, and take necessary actions
under contract .......Answer.........15 working days
Notify an insurer of contract execution, communicate in writing,
reply to written communication from an insurer .......Answer.........2
business days
Acknowledge receipt of a claim .......Answer.........10 working
days
Provide claim forms and reasonable assistance
.......Answer.........10 working days
,age 3 of 32
Respond to an insurance department inquiry .......Answer.........15
working days
Complete investigation .......Answer.........30 working days
accept or deny a claim after proof of loss is executed
.......Answer.........15 working days
Elements of a contract .......Answer.........Agreement,
Consideration, Competent Parties, Legal purpose
Contract of Adhesion .......Answer.........No opportunity to change,
must be adhered to
Aleatory Contracts .......Answer.........Based upon the occurrence
of a future event of unequal bargaining value
Personal Contract .......Answer.........Highest degree of good faith
, age 4 of 32
Unilateral contract .......Answer.........Act exchanged for a promise
Conditional Contract .......Answer.........contingent upon certain
acts by the insured
Ambiguities .......Answer.........not being clear, goes against the
insurance company
Indemnity .......Answer.........Principle of restoring the extent of the
loss
Subrogation .......Answer.........going after the third party's
negligence
Material misrepresentation .......Answer.........can reject coverage
Warranties .......Answer.........Affirmative, Promissory, Implied
