INSURANCE ADJUSTER EXAM 2026
PREMIUM REVIEW SET WITH DETAILED
ANSWER KEY
◉a remedy is available when the insured and the insurer cannot
agree on whether the insured is entitled to collect damages or on the
amount of damages to be awarded in uninsured motorist cases. This
remedy is:
a) subrogation
b) settling out of court
c) no benefit to liable
d) arbitration. Answer: d) arbitration
◉What is a temporary substitute automobile?. Answer: an auto not
owned by an insured and used with the owner's permission while
the insured's auto is withdrawn from use because of its loss,
destruction, breakdown, or servicing
◉Auto liability insurance is divided into coverage for two types of
damage one person may cause another. They are:. Answer: bodily
injury and property damage
,◉Which of the following is covered by an insured's auto property
damage liability insurance?
a) damage to the insured's car by collision
b) breakage of the insured's windshield
c) damage to property of others caused by insured's negligence
d) theft of the insured's car. Answer: c) damage to the property of
others caused by the insured's negligence
◉All policies covering private passenger vehicles must be issued for
a minimum term of:. Answer: 6 months
◉What is the maximum amount payable for bail bonds under
supplementary payments in the Personal Auto Policy?. Answer:
$250
◉Part C- Uninsured coverage, is:. Answer: required to be offered by
insurance companies, but the insured can reject it
◉which of the following is true with respect to automobile medical
payments?. Answer: coverage applies to reasonable expenses
incurred within 3 years from the date of accident for necessary
medical and related services
, ◉All of the following would be included in the definition of your
covered auto on a personal auto policy, except:
a) a vehicle shown in the declarations
b) a $350 trailer owned by the named insured
c) a non-owned vehicle used by the insured when their covered auto
is being serviced
d) a vehicle furnished for regular use of the named insured by the
insured's employer. Answer: d) a vehicle furnished for regular use of
the named insured by the insured's employer
◉Under Uninsured Motorists Coverage, an insured can collect from
his own liability insurer:. Answer: bodily injury and property
damage he would be legally entitled to collect from an uninsured
motorist
◉An insured's auto is stolen and recovered 5 days later. If the
insured claims transportation expenses $32.50 per day, how much
will be paid under the covered peril?. Answer: $60.00, b/c there is a
48 hour waiting period, so they are eligible to receive payment after
the first two days, making 3 days. You can get up to $20.00 per day.
3x20=60
◉Which of the following is not included in the policy conditions?
a) the name of the parties to the contract
b) amplification of definitions
PREMIUM REVIEW SET WITH DETAILED
ANSWER KEY
◉a remedy is available when the insured and the insurer cannot
agree on whether the insured is entitled to collect damages or on the
amount of damages to be awarded in uninsured motorist cases. This
remedy is:
a) subrogation
b) settling out of court
c) no benefit to liable
d) arbitration. Answer: d) arbitration
◉What is a temporary substitute automobile?. Answer: an auto not
owned by an insured and used with the owner's permission while
the insured's auto is withdrawn from use because of its loss,
destruction, breakdown, or servicing
◉Auto liability insurance is divided into coverage for two types of
damage one person may cause another. They are:. Answer: bodily
injury and property damage
,◉Which of the following is covered by an insured's auto property
damage liability insurance?
a) damage to the insured's car by collision
b) breakage of the insured's windshield
c) damage to property of others caused by insured's negligence
d) theft of the insured's car. Answer: c) damage to the property of
others caused by the insured's negligence
◉All policies covering private passenger vehicles must be issued for
a minimum term of:. Answer: 6 months
◉What is the maximum amount payable for bail bonds under
supplementary payments in the Personal Auto Policy?. Answer:
$250
◉Part C- Uninsured coverage, is:. Answer: required to be offered by
insurance companies, but the insured can reject it
◉which of the following is true with respect to automobile medical
payments?. Answer: coverage applies to reasonable expenses
incurred within 3 years from the date of accident for necessary
medical and related services
, ◉All of the following would be included in the definition of your
covered auto on a personal auto policy, except:
a) a vehicle shown in the declarations
b) a $350 trailer owned by the named insured
c) a non-owned vehicle used by the insured when their covered auto
is being serviced
d) a vehicle furnished for regular use of the named insured by the
insured's employer. Answer: d) a vehicle furnished for regular use of
the named insured by the insured's employer
◉Under Uninsured Motorists Coverage, an insured can collect from
his own liability insurer:. Answer: bodily injury and property
damage he would be legally entitled to collect from an uninsured
motorist
◉An insured's auto is stolen and recovered 5 days later. If the
insured claims transportation expenses $32.50 per day, how much
will be paid under the covered peril?. Answer: $60.00, b/c there is a
48 hour waiting period, so they are eligible to receive payment after
the first two days, making 3 days. You can get up to $20.00 per day.
3x20=60
◉Which of the following is not included in the policy conditions?
a) the name of the parties to the contract
b) amplification of definitions
