Florida Claims Adjuster

Florida 3-20 Public Adjuster Exam Outlines| 141 questions| with complete answers 626.854 (3) - Correct Answer -A public adjuster may not give legal advice or act on behalf of or aid any person in negotiating or settling a claim relating to bodily injury, death, or noneconomic damages. 626.854 (5) - Correct Answer -A public adjuster may not directly or indirectly through any other person or entity solicit an insured or claimant by any means except on Monday through Saturday of each week an...

Florida Public All Lines Adjuster/74 Questions And Answers/100% Correct Subordination - Correct Answer -When the insured collets damages from his or her own insurance company and those damages were caused by negligent third-party, the insurance company steps into the shoes of the insured and is entitled to recover the damages actually paid to the insured from the negligent party liability insurance - Correct Answer -Means that the payment by the insurance company will be made to a third-...

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above - Correct Answer -A. Field Report States have adopted statute...

Florida Claims Adjuster Licensing Practice Exam 2023 Questions and Answers (Verified Answers) A claim in the property/casualty industry Is defined as: an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damages when you purchase insurance, you are buying: peace of mind that if an insured event does occur, that the insurance company will keep its promise and provide the financial protecti...

Florida 3-20 Public Adjusters State Exam (Set 1) Questions and Answers (Verified Answers) The insurer and insured agree to a specific value of insured item Agreed Value Policies Someone who has care, custody or control of another's property Bailee Claim filed by policy holder against his _ First Party Claim When a person who entrusts another with an object and it results in injury to someone can be held liable for the injury to someone. Can be held liable for the injury i.e. Firearm or...

Florida Public Adjuster State Test 2023 Questions and Answers (Verified Answers) Florida No-Fault Tort Exemption Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? National Flood Insu...

Florida Public Adjuster State Test 2023 Questions and Answers (Verified Answers) Florida No-Fault Tort Exemption Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? National Flood Insu...

Florida Claims Adjuster Licensing Practice Exam 2023 Questions and Answers (Verified Answers) A claim in the property/casualty industry Is defined as: an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damages when you purchase insurance, you are buying: peace of mind that if an insured event does occur, that the insurance company will keep its promise and provide the financial protecti...

Florida Claims Adjuster Exam (Answered) Verified Solution Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the ins...

Florida Claims Adjuster Exam (Answered) Verified Solution Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the ins...