Download FLORIDA 6-20 ALL LINES ADJUSTER TEST QUESTIONS WITH 100% CORRECT AND RIGHT ANSWERS 2025 - and more Exams Nursing in PDF only on Docsity!
FLORIDA 6-20 ALL LINES ADJUSTER TEST
QUESTIONS WITH 100% CORRECT AND RIGHT
ANSWERS 2025 - 2026
A,public,adjuster,represents,the,interest,of: A.,The,insurer B.,The,Insured C.,The,employer D.,The,interest,of,the,general,public,ANS,-,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,ANS,-,A.,Field,Report States,have,adopted,statutes,regarding,claims,adjusting.,To,avoid,unfair,treatment,to,a claimant,the,adjuster,must,not: A.,Promptly,investigate,the,claim. B.,Follow,the,laws,regarding,the,number,of,days,in,which,to,commence,an,investigation. C.,Deny,the,claim,until,a,fair,and,prompt,investigation,has,commenced. D.,Pay,the,claim,within,a,reasonable,number,of,days,after,the,final,proof,of,loss,has,been received.,ANS,-,C.,Deny,the,claim,until,a,fair,and,prompt,investigation,has,commenced. Which,of,the,following,is,not,a,claim,settlement,option? A.,Forcing,the,insured,to,sue,by,offering,less,than,the,claim,is,worth. B.,Repairing,property. C.,Replacing,with,like,kind,and,quality. D.,Replace,with,new,ANS,-,A.,Forcing,the,insured,to,sue,by,offering,less,than,the,claim,is,worth.
The,giving,up,of,a,known,right,is,called: A.,Estoppel B.,Violation,of,policy,conditions C.,Rebating D.,Waiver,ANS,-,D.,Waiver An,innocent,party,relies,on,certain,statements,made,by,the,adjuster,and,is,damaged,as,a result.,The,guilty,party,may,be,legally,prohibited,from,asserting,that,the,fact,does,not,exist because,of: A.,Waiver B.,Estoppel C.,Duties,of,the,adjuster D.,Law,of,contract,ANS,-,B.,Estoppel Should,an,insured,fail,to,report,a,claim,in,a,timely,fashion,the,adjuster,will,usually: A.,Deny,the,claim. B.,Send,the,insured,a,reservation,of,rights,letter. C.,Cease,investigating. D.,Seek,the,advice,of,the,company's,attorney.,ANS,-,B.,Send,the,insured,a,reservation,of,rights,letter. A,company,adjuster,primarily,represents,the,interests,of: A.,The,insured. B.,The,claimant. C.,The,insurer. D.,The,public.,ANS,-,C.,The,insurer. An,adjuster's,license,will,usually,be,revoked,for,which,of,the,following,reasons: A.,Denying,claims,that,are,not,covered.
Which,of,the,following,is,NOT,a,claim,settlement,option,for,liability,claims? A.,Lost,wages B.,Excessive,amounts,claimed C.,Loss,of,use D.,Disfigurement,ANS,-,B.,Excessive,amounts,claimed Which,of,the,following,results,in,immediate,payment,when,the,claimant,signs,a,release relinquishing,his,or,her,right,to,sue? A.,Scheduled,Payment,Release B.,Full,Release,Settlement C.,Advanced,Payment D.,Structured,Settlement,ANS,-,B.,Full,Release,Settlement Which,of,the,following,relieves,the,financial,burden,on,the,claimant,by,making,certain payments,to,the,claimant,even,before,the,claim,can,be,negotiated? A.,No,Release,or,Walk-Away B.,Rehabilitation C.,Advanced,Payment D.,Open-Ended,Release,ANS,-,C.,Advanced,Payment Which,of,the,following,statements,is,correct? I.,The,Business,Auto,Policy,uses, 10 ,symbols,to,define,covered,vehicles II.,Symbols, 30 ,and, 31 ,apply,to,the,Garage,Policy. A.,I,only. B.,II,only. C.,Neither,I,nor,II. D.,Both,I,and,II.,ANS,-,D.,Both,I,and,II.
Which,of,the,following,is,not,a,Business,Auto,endorsement? A.,Drive,Other,Car. B.,Change,Other,Driver. C.,Individual,Named,Insured. D.,Mobile,Equipment.,ANS,-,B.,Change,Other,Driver. Under,the,Business,Auto,Policy,,each,of,the,following,is,true,about,classification,of "covered,autos,",except: A.,"Any,auto",is,the,broadest,coverage,classification. B.,An,insured,may,select,different,classifications,for,different,coverages. C.,All,classes,of,newly,acquired,autos,are,automatically,covered. D.,"Hired,autos",includes,autos,the,insured,leases,,hires,,rents,or,borrows.,ANS,- ,C.,All,classes,of,newly,acquired,autos,are,automatically,covered. According,to,the,Business,Auto,definitions,,an,"accident": A.,Includes,continuous,or,repeated,exposure,to,the,same,conditions. B.,Must,be,sudden,and,unexpected. C.,Must,be,unexpected,and,unpreventable. D.,Is,any,event,that,causes,injury,or,damage.,ANS,- ,A.,Includes,continuous,or,repeated,exposure,to,the,same,conditions. Joseph,Young,,who,is,insured,under,a,Business,Auto,policy,,is,involved,in,an,accident. He,and,the,insurance,company,disagree,on,the,amount,to,be,paid,for,the,damage,to,his car.,Under,the,terms,of,the,policy,,which,of,the,following,statements,is,true: A.,Each,party,engages,an,appraiser,,and,the,appraisers,will,select,an,umpire. B.,Mr.,Young,must,accept,the,insurance,company's,estimate. C.,Each,party,engages,an,appraiser,,and,the,appraisers,will,decide,the,amount. D.,The,estimates,of,both,parties,will,be,averaged.,ANS,- ,A.,Each,party,engages,an,appraiser,,and,the,appraisers,will,select,an,umpire
covered,truck,following,a,collision,with,another,vehicle. A.,I,only. B.,Both,I,and,II. C.,Neither,I,nor,II. D.,II,only.,ANS,-,D.,II,only. Garagekeepers,coverage,excludes,all,of,the,following,losses,,except: A.,Loss,to,a,high-value,stereo,system,permanently,installed,in,a,customer's,auto. B.,Loss,to,CDs,from,a,covered,auto. C.,Faulty,work,performed,by,a,mechanic. D.,Theft,of,equipment,from,a,covered,auto,by,a,garage,employee.,ANS,-,A.,Loss,to,a,high- value,stereo,system,permanently,installed,in,a,customer's,auto. Extra,Expense,insurance,covers,the,cost,of: A.,Relocation. B.,Temporary,location. C.,Research,costs,to,replace,lost,information. D.,All,of,the,above.,ANS,-,D.,All,of,the,above. The,Special,Cause,of,Loss,form,excludes,all,of,the,following,,except: A.,Loss,of,market. B.,Loss,due,to,artificially,generated,electric,current. C.,Agricultural,smudging. D.,None,of,these,are,exclusions.,ANS,-,D.,None,of,these,are,exclusions. Earth,movement,is,covered,under,which,of,the,following,Cause,of,Loss,forms? A.,None B.,Basic C.,Broad,only
D.,Basic,and,Broad,ANS,-,A.,None 4.,Volcanic,action,is,covered,under,which,of,the,following,Cause,of,Loss,forms? A.,None B.,Basic C.,Broad,only D.,Both,Basic,and,Broad,ANS,-,D.,Both,Basic,and,Broad Sprinkler,leakage,is,covered,under,which,of,the,following,Cause,of,Loss,forms? A.,Basic B.,Broad C.,Special D.,All,of,the,above,ANS,-,D.,All,of,the,above All,of,the,following,provide,an,additional,amount,of,insurance,under,the,Commercial,Building and,Personal,Property,form,,except: A.,Lottery,Tickets B.,Newly,acquired,property C.,Property,off-premises D.,Outdoor,Property,ANS,-,A.,Lottery,Tickets Which,of,the,following,forms,cover,flood,and,earthquake,damage? A.,Building,and,Personal,Property,form B.,Special,form C.,Broad,form D.,None,of,the,above,ANS,-,D.,None,of,the,above The,Earthquake,and,Volcanic,Eruption,endorsement,provides,coverage: A.,Against,earthquake,from,volcanic,eruption
B.,Broad C.,Special D.,All,of,the,above,ANS,-,D.,All,of,the,above A,building,valued,at,$100,000,was,insured,for,$80,000,with,a,policy,containing,80% Coinsurance,clause.,Disregarding,any,deductibles,,what,would,the,company,pay,on,a $20,000,loss? A.,$7, B.,$5, C.,$15, D.,$20,000,ANS,-,D.,$20, All,of,the,following,are,excluded,under,the,Commercial,Building,and,Personal,Property form,,except: A.,Furniture,and,fixtures. B.,Petty,cash,and,IOUs. C.,A,watch,dog. D.,The,insured's,panel,truck.,ANS,-,A.,Furniture,and,fixtures. Which,of,the,following,is,not,covered,property,under,a,Commercial,Property,form? A.,Accounts,,bills,and,currency. B.,Animals,not,held,for,sale. C.,Cost,of,foundations. D.,All,of,the,above.,ANS,-,D.,All,of,the,above. The,insured,has,transported,a,portion,of,his,property,to,an,exhibition,trade,show.,It,is destroyed,by,a,fire.,What,coverage,would,apply? A.,Property,off,the,premises,is,not,covered B.,Fire,is,not,covered,for,this,exposure
C.,A,limit,of,$10,000,would,apply,to,cover,the,loss D.,Special,coverage,would,have,to,be,purchased,to,cover,property,off,the,premises,ANS,- ,C.,A,limit,of,$10,000,would,apply,to,cover,the,loss The,deductible,under,the,revised,Commercial,Property,forms,is: A.,$ B.,$1, C.,$ D.,$750,ANS,-,A.,$ The,insured,has,suffered,a,loss,as,the,result,of,a,cracked,steam,boiler.,What,coverage would,apply,under,the,Commercial,Property,Cause,of,Loss,forms? A.,The,loss,would,be,covered B.,The,loss,is,not,covered C.,Only,part,of,the,loss,is,covered D.,Covers,only,the,extra,expense,in,replacing,the,boiler,ANS,-,B.,The,loss,is,not,covered Before,legal,action,may,be,taken,against,an,insurer,,an,insured,must,have,complied,with,all terms,of,the,policy.,Any,legal,action,must,begin,within,____,following,a,loss. A., 6 ,months B., 5 ,years C., 2 ,years D., 12 ,months,ANS,-,C., 2 ,years If,the,civil,authority,blocks,access,to,the,insured's,premises,because,of,a,covered,peril,that has,damaged,a,building,down,the,street,,what,period,of,time,will,the,Business,Income,forms pay,the,insured,for,loss,of,income,at,his/her,premises? A.,One,week B.,Two,consecutive,weeks
D.,All,of,the,above,ANS,-,D.,All,of,the,above With,Commercial,Property,insurance,,how,would,the,insured,receive,replacement,cost loss,settlement,on,damage,(as,a,result,of,a,covered,peril),to,the,Personal,Property,of Others,left,in,the,insured's,care,custody,and,control? A.,Request,a,separate,replacement,cost,endorsement,on,the,Personal,Property,of Others,coverage,on,the,policy, B.,Request,the,Replacement,Cost,endorsement,on,Business,Personal,Property C.,Insure,the,Property,of,Others,for,at,least,100%,of,the,cost,to,replace,it. D.,Send,in,periodic,reports,to,the,insurer,on,the,value,of,the,property,of,others,left,in the,insured's,care,custody,and,control,ANS,- ,A.,Request,a,separate,replacement,cost,endorsement,on,the,Personal,Property,of Others,coverage,on,the,policy, Which,of,the,following,statements,regarding,aircraft,insurance,is,incorrect? A.,The,physical,damage,coverage,is,written,with,a,flat,deductible. B.,Coverage,for,passengers,can,be,excluded. C.,Special,coverage,must,be,arranged,for,Air,Meet,liability,coverage. D.,Wear,and,tear,is,excluded.,ANS,-,A.,The,physical,damage,coverage,is,written,with,a,flat,deductible. Most,aircraft,hull,policies,are,written,on,a: A.,Replacement,cost,basis B.,Market,value C.,Valued,basis D.,Actual,cash,value,basis,ANS,-,C.,Valued,basis A,deductible,that,is,commonly,used,in,aircraft,physical,damage,insurance,is,usually: A.,A,percentage,of,the,value B.,A,flat,deductible
C.,A,disappearing,deductible D.,A,franchise,deductible,ANS,-,A.,A,percentage,of,the,value The,hull,physical,damage,deductible,applies,to,which,of,the,following,losses? A.,Pilferage B.,Fire C.,Collision D.,Fire,and,explosion,(except,when,caused,by,collision),ANS,-,C.,Collision The,covered,territory,for,aircraft,coverage,does,not,apply,to,which,of,the,following? A.,United,States B.,Canada C.,Mexico D.,Puerto,Rico,ANS,-,D.,Puerto,Rico Which,of,the,following,describes,admitted,aircraft,liability? A.,Negligence,is,not,a,factor B.,Must,prove,legal,liability C.,Based,on,a,board,review D.,Based,on,a,limited,threshold,of,damage,ANS,-,A.,Negligence,is,not,a,factor What,coverage,under,aircraft,coverage,can,cover,the,injuries,to,crew,members,as,an optional,coverage? A.,Liability,coverage B.,Admitted,liability C.,Medical,payments D.,Workers,compensation,ANS,-,C.,Medical,payments What,type,of,physical,damage,coverage,is,needed,by,a,company,that,repairs,aircraft,for
B.,Electronic,data,processing C.,Valuable,papers,and,records D.,Accounts,receivable,ANS,-,D.,Accounts,receivable The,Commercial,Inland,Marine,coverage,form,"jeweler's,block",excludes,loss,resulting from: A.,Earthquake B.,Shortage,found,upon,taking,inventory C.,Unexplained,disappearance D.,All,of,the,above,ANS,-,D.,All,of,the,above The,Commercial,Inland,Marine,coverage,form,"valuable,papers,and,records",includes coverage,for: I.,Money,and,securities II.,Deeds,,drawings,and,maps III.,Books,,files,and,mortgages A.,I,and,II B.,I,and,III C.,II,and,III D.,II,only,ANS,-,C.,II,and,III The,______is,an,ideal,form,of,protection,for,the,frequent,shipper,of,goods. A.,Trip,transit,policy B.,Annual,transit,policy C.,Monthly,transit,policy D.,Common,Carrier,motor,truck,cargo,policy,ANS,-,B.,Annual,transit,policy Mr.,Jones,owns,a,jewelry,store.,His,wife,takes,a,very,valuable,necklace,and,wears,it,to,a party.,It,is,stolen.,How,will,the,jeweler's,block,policy,respond,to,cover,this,loss?
A.,The,policy,will,cover,the,loss. B.,The,loss,will,be,denied C.,The,policy,will,pay,the,loss,on,an,actual,cash,value,basis D.,The,policy,will,pay,replacement,cost,less,depreciation,ANS,-,B.,The,loss,will,be,denied XYZ,Road,Construction,Company,has,a,fleet,of,equipment,that,consists,of,bulldozers, backhoes,,and,road,scrapers.,The,owner,desires,physical,damage,coverage,to,cover,the equipment.,Which,of,the,following,types,of,insurance,contracts,would,be,appropriate,to provide,the,proper,coverage? A.,Commercial,property,coverage B.,General,liability,coverage C.,Auto,physical,damage,coverage D.,Contractors,equipment,floater,ANS,-,D.,Contractors,equipment,floater Savage,Construction,Company,has,delivered,and,installed,a,large,boiler,in,a,commercial building.,The,owner,has,not,yet,accepted,nor,paid,for,the,work.,What,type,of,policy,should Savage,Construction,purchase,to,cover,the,work,until,accepted? A.,Builders,risk B.,Installation,floater C.,Dealer,floater D.,Transportation,floater,ANS,-,B.,Installation,floater Community,Cleaners,is,a,new,dry,cleaning,and,laundry,service,business.,They,have,vehicles that,pick,up,customer's,property,to,be,processed,and,then,delivered,back,to,the,customer. What,type,of,policy,would,you,recommend,they,purchase,to,cover,the,customer's property? A.,A,business,owners,policy B.,A,commercial,property,policy C.,A,bailee,policy
A,prospective,insured,wishes,to,protect,her,firm,against,criminals,taking,money,from,a messenger,going,from,the,firm,to,a,bank.,In,this,situation,,the,prospect,should,purchase coverage,for: A.,Fidelity B.,Robbery C.,Assault D.,Burglary,ANS,-,B.,Robbery Under,a,Fidelity,Bond,,which,of,the,following,parties,receives,protection? A.,A,subcontractor B.,An,employee C.,An,employer D.,A,creditor,ANS,-,C.,An,employer Which,of,the,following,losses,would,be,covered,under,a,Robbery,and,Safe,Burglary coverage? A.,Valuables,kept,in,a,locked,safe,are,destroyed,by,fire. B.,Cash,disappears,from,a,locked,safe,,with,no,explanation. C.,Jewelry,is,stolen,from,a,locked,safe,that,shows,no,signs,of,forced,entry. D.,Rare,manuscripts,are,stolen,from,a,locked,safe,that,shows,signs,of,forced,entry.,ANS,- ,D.,Rare,manuscripts,are,stolen,from,a,locked,safe,that,shows,signs,of,forced,entry. Which,of,the,following,losses,would,be,covered,under,a,crime,policy's,"Inside,the,Premises Robbery,or,Safe,Burglary,of,Other,Property",coverage? A.,Broken,windows,on,the,insured,premises,caused,by,a,burglar. B.,Theft,of,money,and,securities. C.,Fire,damage,to,the,insured,building,caused,by,a,burglar.
D.,Vandalism,to,a,trailer,on,the,insured,premises,caused,by,a,burglar.,ANS,- ,A.,Broken,windows,on,the,insured,premises,caused,by,a,burglar. In,crime,insurance,,which,of,the,following,individuals,is,NOT,considered,to,be,a "custodian"? A.,Sales,clerk B.,Janitor C.,Partner D.,Named,insured,ANS,-,B.,Janitor To,be,defined,as,a,burglary,,an,event,must,include,which,of,the,following,conditions? A.,Robbery B.,Fear,or,threat,of,violence C.,Visible,signs,of,forced,entry,or,exit D.,Mysterious,disappearance,ANS,-,C.,Visible,signs,of,forced,entry,or,exit The,Dye's,host,a,party.,When,the,guests,arrive,,they,place,their,coats,in,the,bedroom.,Two days,later,,Mr.,Dye,discovers,that,his,ring,is,missing,from,the,bedroom,dresser.,This,loss,is referred,to,as,a: A.,Mysterious,disappearance B.,Burglary C.,Robbery D.,Theft,ANS,-,A.,Mysterious,disappearance In,crime,insurance,,a,"custodian",is,described,by,which,one,of,the,following? A.,Any,authorized,person,outside,the,premises B.,An,authorized,person,having,care,of,insured,property,inside,the,premises C.,An,authorized,person,outside,the,premises,in,charge,of,money
