NEW YORK INDEPENDENT GENERAL ADJUSTER
EXAM SIMULATOR - SERIES 17-70 questions and
answers 2026\2027 A+ Grade
Which of the following would NOT be found in the conditions section of a homeowners insurance
policy?
Subrogation rights
Duties of the insured
Insurance premium
Mortgagee clause -
correct answer The insurance premium is not shown in the conditions section of the homeowner policy.
Which of the following is true regarding dealers physical damage coverage under a garage policy?
It is a blanket limit for covered autos.
It extends coverage to customers' autos.
It is an annual maximum limit for comprehensive and collision losses.
It is a maximum limit per auto. -
correct answer It is a blanket limit for covered autos.
EXPLANATION:
The dealer's physical damage limit would be done on a blanket limit basis. This would apply to
comprehensive and collision losses to the auto inventory of the dealer. This is done because it is simply
not practical to schedule each dealer owned vehicle for physical damage. This is generally accomplished
by the use of a monthly reporting form.
Which of the following would not be considered an occupational disease?
Black lung.
,Mesothelioma.
Pulmonary fibrosis.
Bending over to pick up a box and hurting your back. -
correct answer Bending over to pick up a box and hurting your back. is correct.
EXPLANATION:
Bending over to pick up a box and causing an injury is a work related injury and not a disease.
Which of the following is correct in order for the additional coverage of "collapse" to be available under
special BOP?
The collapse must be such that the building can not be used as intended
The remaining part of the structure standing must be demolished
The remaining part of the structure must be judged unsound to rebuild on
The building must be leaning, settling or in danger of collapsing -
correct answer The
correct answer is: The collapse must be such that the building can not be used as intended.
EXPLANATION:
The definition of collapse in the policy is the "abrupt falling down or caving in of the structure or part of
the structure" and it must render the building as unusable as intended.
Which of the following would not be eligible for coverage under a livestock floater?
Poultry
Cattle
Sheep
Swine -
correct answer EXPLANATION:
Poultry is not eligible property under the livestock floater.
The insured owns a motorhome that is not covered by the insured's Personal Auto policy. This vehicle
can be added to the policy by using which of the following endorsements?
,Miscellaneous Type Vehicle endorsement
Special Type Vehicle endorsement
Recreational Vehicle endorsement
Motorhome endorsement -
correct answer The
correct answer is: Miscellaneous Type Vehicle endorsement.
EXPLANATION:
The Miscellaneous Type Vehicle endorsement can be used to cover motorhomes, motorcycles, etc.
Insurers must maintain a complaint record for _________ after all elements of the complaint are
resolved and the file is closed.
five years
three calendar years
one year
six calendar years -
correct answer The
correct answer is: six calendar years.
EXPLANATION:
Insurers are required to maintain complaint records for six calendar years.
A BOP policy has a $500,000 occurrence limit for liability and a $1,000,000 aggregate limit. If claims for
$600,000 and $400,000 have been filed in two separate incidents, how much coverage remains, if any,
for any future claims submitted during the policy term?
Answer Choices:
$500,000
-0-
, $100,000
$1,000,000 -
correct answer The
correct answer is: $100,000.
EXPLANATION:
The most the policy will pay for any one single occurrence is $500,000. So that amount would be
payable for the first loss. Once paid that amount must be subtracted from the Aggregate limit (the most
available for all claims in the policy year) leaving $500,000 remaining in the aggregate. The second claim
is within the occurrence limit and since there is enough left in the aggregate, the entire $400,000 is
payable. After subtracting the $400,000 loss from the remaining aggregate, $100,000 is left to pay any
and all future claims for the remainder of the policy term.
All of the following are uniform mandatory policy provisions, except the:
entire contract provision.
grace period provision.
reinstatement provision.
cancellation provision. -
correct answer The
correct answer is: cancellation provision..
EXPLANATION:
The cancellation provision is an optional provision giving insurers the ability to determine how the
renewability of a health policy will be renewed.
With an Equipment Breakdown policy, the loss settlement is:
ACV all of the time
Replacement cost all of the time
Replacement cost if the repair or replacement is made within 18 months
EXAM SIMULATOR - SERIES 17-70 questions and
answers 2026\2027 A+ Grade
Which of the following would NOT be found in the conditions section of a homeowners insurance
policy?
Subrogation rights
Duties of the insured
Insurance premium
Mortgagee clause -
correct answer The insurance premium is not shown in the conditions section of the homeowner policy.
Which of the following is true regarding dealers physical damage coverage under a garage policy?
It is a blanket limit for covered autos.
It extends coverage to customers' autos.
It is an annual maximum limit for comprehensive and collision losses.
It is a maximum limit per auto. -
correct answer It is a blanket limit for covered autos.
EXPLANATION:
The dealer's physical damage limit would be done on a blanket limit basis. This would apply to
comprehensive and collision losses to the auto inventory of the dealer. This is done because it is simply
not practical to schedule each dealer owned vehicle for physical damage. This is generally accomplished
by the use of a monthly reporting form.
Which of the following would not be considered an occupational disease?
Black lung.
,Mesothelioma.
Pulmonary fibrosis.
Bending over to pick up a box and hurting your back. -
correct answer Bending over to pick up a box and hurting your back. is correct.
EXPLANATION:
Bending over to pick up a box and causing an injury is a work related injury and not a disease.
Which of the following is correct in order for the additional coverage of "collapse" to be available under
special BOP?
The collapse must be such that the building can not be used as intended
The remaining part of the structure standing must be demolished
The remaining part of the structure must be judged unsound to rebuild on
The building must be leaning, settling or in danger of collapsing -
correct answer The
correct answer is: The collapse must be such that the building can not be used as intended.
EXPLANATION:
The definition of collapse in the policy is the "abrupt falling down or caving in of the structure or part of
the structure" and it must render the building as unusable as intended.
Which of the following would not be eligible for coverage under a livestock floater?
Poultry
Cattle
Sheep
Swine -
correct answer EXPLANATION:
Poultry is not eligible property under the livestock floater.
The insured owns a motorhome that is not covered by the insured's Personal Auto policy. This vehicle
can be added to the policy by using which of the following endorsements?
,Miscellaneous Type Vehicle endorsement
Special Type Vehicle endorsement
Recreational Vehicle endorsement
Motorhome endorsement -
correct answer The
correct answer is: Miscellaneous Type Vehicle endorsement.
EXPLANATION:
The Miscellaneous Type Vehicle endorsement can be used to cover motorhomes, motorcycles, etc.
Insurers must maintain a complaint record for _________ after all elements of the complaint are
resolved and the file is closed.
five years
three calendar years
one year
six calendar years -
correct answer The
correct answer is: six calendar years.
EXPLANATION:
Insurers are required to maintain complaint records for six calendar years.
A BOP policy has a $500,000 occurrence limit for liability and a $1,000,000 aggregate limit. If claims for
$600,000 and $400,000 have been filed in two separate incidents, how much coverage remains, if any,
for any future claims submitted during the policy term?
Answer Choices:
$500,000
-0-
, $100,000
$1,000,000 -
correct answer The
correct answer is: $100,000.
EXPLANATION:
The most the policy will pay for any one single occurrence is $500,000. So that amount would be
payable for the first loss. Once paid that amount must be subtracted from the Aggregate limit (the most
available for all claims in the policy year) leaving $500,000 remaining in the aggregate. The second claim
is within the occurrence limit and since there is enough left in the aggregate, the entire $400,000 is
payable. After subtracting the $400,000 loss from the remaining aggregate, $100,000 is left to pay any
and all future claims for the remainder of the policy term.
All of the following are uniform mandatory policy provisions, except the:
entire contract provision.
grace period provision.
reinstatement provision.
cancellation provision. -
correct answer The
correct answer is: cancellation provision..
EXPLANATION:
The cancellation provision is an optional provision giving insurers the ability to determine how the
renewability of a health policy will be renewed.
With an Equipment Breakdown policy, the loss settlement is:
ACV all of the time
Replacement cost all of the time
Replacement cost if the repair or replacement is made within 18 months
