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NEW YORK INDEPENDENT FIRE ADJUSTER EXAM
SIMULATOR – SERIES||VERIFIED EXAM!||2026
ACTUAL COMPLETE REAL EXAM QUESTIONS AND
CORRECT ANSWERS||NEWEST EXAM!!
Which of the following would not be eligible for coverage
under a livestock floater?
Poultry
Cattle
Sheep
Swine - 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
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Motorhome endorsement - 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 - 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,
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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 - 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.
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All of the following are uniform mandatory policy
provisions, except the:
entire contract provision.
grace period provision.
reinstatement provision.
cancellation provision. - 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.
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 - 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?
NEW YORK INDEPENDENT FIRE ADJUSTER EXAM
SIMULATOR – SERIES||VERIFIED EXAM!||2026
ACTUAL COMPLETE REAL EXAM QUESTIONS AND
CORRECT ANSWERS||NEWEST EXAM!!
Which of the following would not be eligible for coverage
under a livestock floater?
Poultry
Cattle
Sheep
Swine - 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
,2|Page
Motorhome endorsement - 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 - 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,
,3|Page
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 - 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.
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All of the following are uniform mandatory policy
provisions, except the:
entire contract provision.
grace period provision.
reinstatement provision.
cancellation provision. - 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.
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 - 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?
