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New York LicenseComprehensive Questions (Frequently Tested)with Verified Answers Graded A+

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New York LicenseComprehensive Questions (Frequently Tested)with Verified Answers Graded A+

Instelling
New York State Auto Damage
Vak
New York State Auto Damage

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Auto Adjuster Exam
17-66 Comprehensive
Questions (Frequently
Tested)with Verified
Answers Graded A+






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1. uestion Answer:

Riley's Rivispins, Inc. has had a theft loss that resulted in damage to

their warehouse. When the insurer finds that Riley's warehouse has

been vacant for more than 60 days, how will this claim under Riley's

Businessowner's policy be paid?

The claim will be denied because theft under these circumstances is

specifically excluded by the policy.


The amount of the claim will be reduced by 15% as specified in the

policy.



The claim will be paid in full because theft is a covered cause of loss

under a Businessowners policy.


The claim will be reduced by 50% as specified in the policy.

Answer: Select the Correct Answer

The claim will be denied because theft under these circumstances is specifically excluded by the policy.

2. Question Answer:



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According to Regulation 64 of the New York Code of Regulations

governing the adjustment of total losses, a vehicle of the "current

model year" can include Answer:


An automobile of the previous model year if it was purchased new

within 90 days prior to the loss.


An automobile of the current model year even if it has been replaced

by an officially introduced succeeding model.


An automobile of the previous model year if it was purchased new

within 60 days prior to the loss.


An automobile of the current model year only if it was purchased new

at least






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90 days prior to the loss. Answer: An automobile of the current model year only if it was

purchased new at least 90 days prior to the loss.

3. Question Answer:

The DP-1 basic form peril of "internal explosion" will cover which of

the follow- ing losses?


The explosion of a furnace that the insured owns that is located inside

the covered dwelling.


The explosion of a steam boiler the insured owns that is located inside

the covered dwelling.


The explosion of an oil tank located in the yard behind the covered

dwelling.



The explosion of a central air conditioning unit that is located on a

concrete pad behind the insured dwelling. Answer: The explosion of a furnace that the

insured owns that is located inside the covered dwelling.

4. Question Answer:

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