Adjuster exam Study guides, Class notes & Summaries

PA Motor Vehicle Physical Damage Appraiser - Practice Exam 100+ questions correctly answered & verified True or False: Each appraiser, while engaged in appraisal duties, must carry his/her appraiser's license & display it to an owner of the vehicle or shop upon request: - ANSWER true What are the number of business days you have per Act 361 to inspect vehicle? - ANSWER 6 How many days after an inspection should a total loss be offered to the owner? - ANSWER 5 Aftermarket parts ...

Illinois public adjuster exam Study Guide Review with 134 Questions & Answers Best Graded A+

TEXAS ALL LINES ADJUSTER EXAM BRAND NEW!! 2023-2024 (200+ QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS What is the failure to use that degree of care which n ordinary person of reasonable prudence would use under similar circumstances? - ANSWER- Negligence What is a situation involving a person other than an insured? - ANSWER- Third Party Loss What is the responsibility to another for one's negligence? - ANSWER- Liability Mary has a homeowner's policy. Her Coverage A limit of li...

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 insurer and it is up to the additional interests on working out thei...

Florida Claims Adjuster Exam Questions and Answers Latest Update 2023(206 Qs)

Texas all lines adjuster exam (Actual Exam) (100% Correct Answers) (350+ Questions) (Recently Updated 2023-2024 Exam)

Texas all lines adjuster exam (Adjusting Test) (Recent 2023-2024 Exam) (Questions and Answers) All 150 Questions

New York Adjuster Exam Questions with 100% correct Answers 2023 The insured has moved into a dwelling that was being build and was covered by the "Dwelling under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? {{Correct Ans- 30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. {{Correct Ans- 30 day Personal property tha...

The most common method of risk management is: A. The sharing of risk B. The assumption of risk C. The transfer of risk D. Risk avoidance - Answer- C. The transfer of risk Which of the following types of risk is associated with change is not insurable? A. Fundamental risk B. Particular risk C. Dynamic risk D. Static risk - Answer- C. Dynamic risk Insurers are able to calculate their probable losses and to establish the rates for premiums that will cover losses and operating expe...

Peril Correct Answer: Something that causes a loss. Hazard Correct Answer: Something that increases the probability that a loss will occur. Warranty Correct Answer: A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation Correct Answer: An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment Correct Answer: Th...

2024 California Insurance Adjuster Exam Test Bank New Latest Version Updated with 800+ Questions and 100% Correct Answers