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New York Fire Adjuster Exam NEW VERSION WITH
COMPLETE QUESTIONS AND CORRECT DETAILED
SOLUTIONS LATEST UPDATED VERSION JUST RELEASED
Question: Under the New York Cybersecurity Regulation, each covered entity must maintain
documentation supporting certification of compliance with the regulation for:
3 years
1 year
5 years
7 years - CORRECT ANSWER✔✔5 years
Question: Under a standard ISO Identity Fraud Expense endorsement, what is the maximum
amount that will be paid, PER DAY, for lost income?
$250
$500
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$200
$150 - CORRECT ANSWER✔✔$200
Question: Which of the following is NOT a reason to purchase a Dwelling policy instead of a
Homeowners policy?
-The limits of liability under a Dwelling policy are lower than under a Homeowners policy,
permitting the insured to purchase coverage for a low-value dwelling.
-The Dwelling policy does not require the dwelling to be owner-occupied (unless its a mobile
home) and the Homeowners policy does required the covered dwelling to be owner-occupied.
-The Dwelling policy provides higher limits of liability than the Homeowners policy.
-Dwellings that may not meet the Homeowners policy's strict underwriting requirements can be
insured under a Dwelling policy. - CORRECT ANSWER✔✔-The Dwelling policy provides higher
limits of liability than the Homeowners policy.
Question: An insured in New York cannot bring a lawsuit against his/her insurance company
unless they (the insured) has complied with all of their required duties under the policy, and the
lawsuit must be brought:
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-Within 36 months after the date of the loss.
-Within 24 months after submitting a properly executed proof of loss.
-Within 24 months after the date of the loss.
-Within 12 months after submitting a properly executed proof of loss. - CORRECT ANSWER✔✔-
Within 24 months after the date of the loss.
Question: A business covered by a standard Businessowners policy is shut down due to the
acts of a civil authority. Which of the following additional coverages would NOT be subject to a
waiting period before coverage would apply?
-Business Income.
-Extra Expense.
-Extended Business Income.
-Business Income from Dependent Properties. - CORRECT ANSWER✔✔Extra Expense
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Question: Kelly would like to obtain an Independent Adjuster license in New York, however, she
has been convicted of a felony involving dishonesty or breach of trust. Kelly plans to submit a
1033 Waiver from the Department of Financial Services so that she can begin looking for a job.
Which of the following is NOT a basis under which the Superintendent to grant this or deny the
waiver?
-Evidence of an offer of employment must be presented to the Superintendent.
-A statement must be submitted to the Superintendent outlining the special circumstances of
the felony that was committed to allow the Superintendent to determine if Kelly is trustworthy
and competent to hold an adjuster's license in New York.
-A pardon of criminal record from the governor, a Certificate of Relief from Disabilities, or a
Certificate of Good Conduct.
-A statement showing that Kelly made financial restitution to the people of the State of New
York. - CORRECT ANSWER✔✔A statement showing that Kelly made financial restitution to the
people of the State of New York
Question: Coverage D - Loss of Use on a farm policy will include coverage for: I. Additional
living expenses incurred by the resident family. II. Loss of rental income of the owner for tenants
who cannot live there due to a covered loss.
New York Fire Adjuster Exam NEW VERSION WITH
COMPLETE QUESTIONS AND CORRECT DETAILED
SOLUTIONS LATEST UPDATED VERSION JUST RELEASED
Question: Under the New York Cybersecurity Regulation, each covered entity must maintain
documentation supporting certification of compliance with the regulation for:
3 years
1 year
5 years
7 years - CORRECT ANSWER✔✔5 years
Question: Under a standard ISO Identity Fraud Expense endorsement, what is the maximum
amount that will be paid, PER DAY, for lost income?
$250
$500
, Page 2 of 76
$200
$150 - CORRECT ANSWER✔✔$200
Question: Which of the following is NOT a reason to purchase a Dwelling policy instead of a
Homeowners policy?
-The limits of liability under a Dwelling policy are lower than under a Homeowners policy,
permitting the insured to purchase coverage for a low-value dwelling.
-The Dwelling policy does not require the dwelling to be owner-occupied (unless its a mobile
home) and the Homeowners policy does required the covered dwelling to be owner-occupied.
-The Dwelling policy provides higher limits of liability than the Homeowners policy.
-Dwellings that may not meet the Homeowners policy's strict underwriting requirements can be
insured under a Dwelling policy. - CORRECT ANSWER✔✔-The Dwelling policy provides higher
limits of liability than the Homeowners policy.
Question: An insured in New York cannot bring a lawsuit against his/her insurance company
unless they (the insured) has complied with all of their required duties under the policy, and the
lawsuit must be brought:
, Page 3 of 76
-Within 36 months after the date of the loss.
-Within 24 months after submitting a properly executed proof of loss.
-Within 24 months after the date of the loss.
-Within 12 months after submitting a properly executed proof of loss. - CORRECT ANSWER✔✔-
Within 24 months after the date of the loss.
Question: A business covered by a standard Businessowners policy is shut down due to the
acts of a civil authority. Which of the following additional coverages would NOT be subject to a
waiting period before coverage would apply?
-Business Income.
-Extra Expense.
-Extended Business Income.
-Business Income from Dependent Properties. - CORRECT ANSWER✔✔Extra Expense
, Page 4 of 76
Question: Kelly would like to obtain an Independent Adjuster license in New York, however, she
has been convicted of a felony involving dishonesty or breach of trust. Kelly plans to submit a
1033 Waiver from the Department of Financial Services so that she can begin looking for a job.
Which of the following is NOT a basis under which the Superintendent to grant this or deny the
waiver?
-Evidence of an offer of employment must be presented to the Superintendent.
-A statement must be submitted to the Superintendent outlining the special circumstances of
the felony that was committed to allow the Superintendent to determine if Kelly is trustworthy
and competent to hold an adjuster's license in New York.
-A pardon of criminal record from the governor, a Certificate of Relief from Disabilities, or a
Certificate of Good Conduct.
-A statement showing that Kelly made financial restitution to the people of the State of New
York. - CORRECT ANSWER✔✔A statement showing that Kelly made financial restitution to the
people of the State of New York
Question: Coverage D - Loss of Use on a farm policy will include coverage for: I. Additional
living expenses incurred by the resident family. II. Loss of rental income of the owner for tenants
who cannot live there due to a covered loss.
