ARIZONA ADJUSTER LATEST 2026 EXAM QUESTIONS
AND SOLUTIONS RATED A+
✔✔Stan, a resident producer, moves from Phoenix to Scottsdale on May 1. By what
date must he notify the Director of Insurance that he has moved? - ✔✔June 1
✔✔All of the following are examples of a peril - ✔✔Fire that destroys or damages
property
Flood that destroys or damages personal property stored in a basement
Collision of two automobiles
✔✔To control the outbreak of general liability mold claims, insurers introduced
endorsements that limited coverage for mold. Which of the following is such an
endorsement? - ✔✔limited fungi or bacteria coverage endorsement
✔✔Edie crashes her car and submits a claim to the insurance company. When the
insurance company learns that the car is owned by, and titled to, Edie's 20-year-old
boyfriend, it denies her claim. For what specific reason is the claim denied? - ✔✔Edie
doesn't have insurable interest in the car
✔✔Linda is an adjuster employed by Atlas Insurance Company. She negotiates the
settlement of a claim, but the claimant is reluctant to accept the terms offered. Linda
asks Atlas for assistance. How may Atlas help Linda settle the claim? - ✔✔Give Linda
draft authority
✔✔Atlas pays its insured for losses sustained in an auto collision for which another
party is liable. Atlas will then try to recover its payment from the liable party through the
process of - ✔✔Subrogation
✔✔Which type of adjuster report documents the investigation of a claim while it is in
progress? - ✔✔Interim Report
✔✔Morgan Transportation is in the business of transporting cargo by truck. It enters into
contracts with other businesses to move their cargo. Which of the following terms most
accurately describes Morgan Transportation? - ✔✔For-hire carrier
✔✔Which of the following parties has insurable interest in a home owned by Frank? -
✔✔The mortgagee of Frank's home
✔✔On a business auto policy (BAP), what is symbol 19 used to indicate? - ✔✔Mobile
equipment subject to compulsory insurance
, ✔✔To avoid the appearance of practicing law, a claims adjuster's communications with
an insured should always be - ✔✔limited to the wording of the policy
✔✔What does an insurance company require from an insured before it will determine
whether the policy covers a loss? - ✔✔Proof of Loss statement
✔✔When considering depreciation in adjusting a claim, an adjuster considers all of the
following factors - ✔✔Physical deterioration
Functional obsolescence
Future life expectancy
✔✔Subrogation is a right that is typically exercised by the - ✔✔Insurer
✔✔Which one of the following Other Coverages are provided in all three unendorsed
dwelling policy forms? - ✔✔Property removed
✔✔Which of the following would determine if a dry cleaning business is eligible for a
businessowners policy (BOP)? - ✔✔Gross annual sales
✔✔Randy goes to Main Street Insurance Company to buy a homeowners policy. He
observes that he cannot negotiate the terms with the insurer, which presented the policy
to him on a take-it-or-leave-it basis. This type of contract is considered a(n): -
✔✔Contract of adhesion
✔✔Which adjuster is employed by an insurance company? - ✔✔Staff adjuster
✔✔Which of the following correctly describes the basic purpose of the MCS-90
endorsement? - ✔✔It amends the truckers auto liability policy to comply with
requirements of the Motor Carrier Act of 1980
✔✔Melanie, an independent adjuster, offers to advise a client in an arbitration hearing.
Melanie's offer is - ✔✔Prohibited
✔✔Alternative dispute resolution is used as an alternative to - ✔✔litigation
✔✔Jessica, whose birthday is in October, applied for an insurance agent's license on
March 1, 2012. The Arizona Department of Insurance issued her license four weeks
later on April 1. Unless she submits a timely renewal application and renewal fee, when
will Jessica's license expire? - ✔✔October 21, 2016
✔✔Under the liability section of a businessowners policy (BOP), what is the general
aggregate limit that is applied to injury or medical expenses? - ✔✔it is two times the
policy's liability and medical expenses limit
AND SOLUTIONS RATED A+
✔✔Stan, a resident producer, moves from Phoenix to Scottsdale on May 1. By what
date must he notify the Director of Insurance that he has moved? - ✔✔June 1
✔✔All of the following are examples of a peril - ✔✔Fire that destroys or damages
property
Flood that destroys or damages personal property stored in a basement
Collision of two automobiles
✔✔To control the outbreak of general liability mold claims, insurers introduced
endorsements that limited coverage for mold. Which of the following is such an
endorsement? - ✔✔limited fungi or bacteria coverage endorsement
✔✔Edie crashes her car and submits a claim to the insurance company. When the
insurance company learns that the car is owned by, and titled to, Edie's 20-year-old
boyfriend, it denies her claim. For what specific reason is the claim denied? - ✔✔Edie
doesn't have insurable interest in the car
✔✔Linda is an adjuster employed by Atlas Insurance Company. She negotiates the
settlement of a claim, but the claimant is reluctant to accept the terms offered. Linda
asks Atlas for assistance. How may Atlas help Linda settle the claim? - ✔✔Give Linda
draft authority
✔✔Atlas pays its insured for losses sustained in an auto collision for which another
party is liable. Atlas will then try to recover its payment from the liable party through the
process of - ✔✔Subrogation
✔✔Which type of adjuster report documents the investigation of a claim while it is in
progress? - ✔✔Interim Report
✔✔Morgan Transportation is in the business of transporting cargo by truck. It enters into
contracts with other businesses to move their cargo. Which of the following terms most
accurately describes Morgan Transportation? - ✔✔For-hire carrier
✔✔Which of the following parties has insurable interest in a home owned by Frank? -
✔✔The mortgagee of Frank's home
✔✔On a business auto policy (BAP), what is symbol 19 used to indicate? - ✔✔Mobile
equipment subject to compulsory insurance
, ✔✔To avoid the appearance of practicing law, a claims adjuster's communications with
an insured should always be - ✔✔limited to the wording of the policy
✔✔What does an insurance company require from an insured before it will determine
whether the policy covers a loss? - ✔✔Proof of Loss statement
✔✔When considering depreciation in adjusting a claim, an adjuster considers all of the
following factors - ✔✔Physical deterioration
Functional obsolescence
Future life expectancy
✔✔Subrogation is a right that is typically exercised by the - ✔✔Insurer
✔✔Which one of the following Other Coverages are provided in all three unendorsed
dwelling policy forms? - ✔✔Property removed
✔✔Which of the following would determine if a dry cleaning business is eligible for a
businessowners policy (BOP)? - ✔✔Gross annual sales
✔✔Randy goes to Main Street Insurance Company to buy a homeowners policy. He
observes that he cannot negotiate the terms with the insurer, which presented the policy
to him on a take-it-or-leave-it basis. This type of contract is considered a(n): -
✔✔Contract of adhesion
✔✔Which adjuster is employed by an insurance company? - ✔✔Staff adjuster
✔✔Which of the following correctly describes the basic purpose of the MCS-90
endorsement? - ✔✔It amends the truckers auto liability policy to comply with
requirements of the Motor Carrier Act of 1980
✔✔Melanie, an independent adjuster, offers to advise a client in an arbitration hearing.
Melanie's offer is - ✔✔Prohibited
✔✔Alternative dispute resolution is used as an alternative to - ✔✔litigation
✔✔Jessica, whose birthday is in October, applied for an insurance agent's license on
March 1, 2012. The Arizona Department of Insurance issued her license four weeks
later on April 1. Unless she submits a timely renewal application and renewal fee, when
will Jessica's license expire? - ✔✔October 21, 2016
✔✔Under the liability section of a businessowners policy (BOP), what is the general
aggregate limit that is applied to injury or medical expenses? - ✔✔it is two times the
policy's liability and medical expenses limit
