ARIZONA ADJUSTER COMPREHENSIVE EXAM 2026
QUESTIONS AND SOLUTIONS RATED A+
✔✔TRIA - ✔✔In order for TRIA to apply: the total amount of copayments and
deductibles that all insurers are responsible for paying in a calendar year for covered
terrorism losses.
✔✔Direct Writer - ✔✔has a salary and sells policies for one insurance company.
✔✔Public Adjuster - ✔✔Fiduciary agent on behalf of the claimant/ paid on commission
✔✔Appraisal - ✔✔The oppsoing parties each choose an appraiser, then the two
appraisers decide on a third party, called an Umpire. When at least two of the three
representatives agree on a settlement, their decision is binding.
✔✔Arbitration - ✔✔Is a dispute resolution method in which a neutral third party hears
both sides of the argument and provides a legally binding decision.
✔✔Appraisal - ✔✔is used to decide the settlement amount
✔✔Punitive damages - ✔✔can only be determined in a court of law
✔✔Comparative Negligence - ✔✔The settlement amount will be reduced by the
percentage of *their* Negligence.
✔✔Reference for reconstructing the details of a claim - ✔✔Claim file
✔✔Negotiating a claim: - ✔✔A settlement involves explains how you calculated the
settlement amount, giving a step by step justification of your decisions, and
acknowledging the claimants's concerns. You should not simply escalate your claim to a
supervisor when a customer disagrees with you.
✔✔Dwelling - ✔✔Annual depreciation is not a common endorsement
✔✔DP-3 - ✔✔Covers the owners personal property at the insured location, but not the
property of the renter.
✔✔Home Daycare - ✔✔Endorsement for property and liability coverage
✔✔Food - ✔✔is personal property
✔✔Homeowners policies don't provide coverage for - ✔✔Flood damage: this is through
NFIP
, ✔✔Liberalization Clause: - ✔✔Expansion in coverage automatically applies to the
already insureds policy.
✔✔Personal Property Replacement Cost Endorsement - ✔✔Items with a value of more
than 500
✔✔Comprehensive Coverage for a new vehicle - ✔✔must notify the insurer within 4
days
✔✔personal car coverage added - ✔✔Endorsement would be under individual named
insured.
✔✔which Commercial Auto endorsement can provide coverage for a specific named
individual driving a car he does not own - ✔✔drive other car
✔✔Garagekeepers policy that splits a covered loss - ✔✔Direct primary
✔✔taxi coverage - ✔✔Motor carrier policy
✔✔In a Commercial Auto Policy, which coverage symbol indicates that a car is subject
to mandatory no-fault insurance? - ✔✔5
✔✔Forgery or Alterations - ✔✔protects the insured from loss due to the forgery or
alterations of checks, drafts, or promissory notes.
✔✔Coverage A Covered - ✔✔Building maintenance Equipment
✔✔Specialty contractor - ✔✔May qualify for the BOP if their annual payroll does not
exceed 300,000 and annual sales does not exceed 3,000,000; their subcontracted work
does not exceed 10% of sales. They are not involved in heavy construction; and they do
not work at heights over three stories. subcontracted work foes not need to make up
30% or less of sales in order to be eligible for BOP.
✔✔BOP - ✔✔does not include workers comp
✔✔Utility services - ✔✔Direct Damage covers losses caused by the interruption of
water, communications, or power services when a utility provider is damaged by a
covered peril.
✔✔Commercial package policy - ✔✔One condition page that applies to every line of
insurance in the policy.
QUESTIONS AND SOLUTIONS RATED A+
✔✔TRIA - ✔✔In order for TRIA to apply: the total amount of copayments and
deductibles that all insurers are responsible for paying in a calendar year for covered
terrorism losses.
✔✔Direct Writer - ✔✔has a salary and sells policies for one insurance company.
✔✔Public Adjuster - ✔✔Fiduciary agent on behalf of the claimant/ paid on commission
✔✔Appraisal - ✔✔The oppsoing parties each choose an appraiser, then the two
appraisers decide on a third party, called an Umpire. When at least two of the three
representatives agree on a settlement, their decision is binding.
✔✔Arbitration - ✔✔Is a dispute resolution method in which a neutral third party hears
both sides of the argument and provides a legally binding decision.
✔✔Appraisal - ✔✔is used to decide the settlement amount
✔✔Punitive damages - ✔✔can only be determined in a court of law
✔✔Comparative Negligence - ✔✔The settlement amount will be reduced by the
percentage of *their* Negligence.
✔✔Reference for reconstructing the details of a claim - ✔✔Claim file
✔✔Negotiating a claim: - ✔✔A settlement involves explains how you calculated the
settlement amount, giving a step by step justification of your decisions, and
acknowledging the claimants's concerns. You should not simply escalate your claim to a
supervisor when a customer disagrees with you.
✔✔Dwelling - ✔✔Annual depreciation is not a common endorsement
✔✔DP-3 - ✔✔Covers the owners personal property at the insured location, but not the
property of the renter.
✔✔Home Daycare - ✔✔Endorsement for property and liability coverage
✔✔Food - ✔✔is personal property
✔✔Homeowners policies don't provide coverage for - ✔✔Flood damage: this is through
NFIP
, ✔✔Liberalization Clause: - ✔✔Expansion in coverage automatically applies to the
already insureds policy.
✔✔Personal Property Replacement Cost Endorsement - ✔✔Items with a value of more
than 500
✔✔Comprehensive Coverage for a new vehicle - ✔✔must notify the insurer within 4
days
✔✔personal car coverage added - ✔✔Endorsement would be under individual named
insured.
✔✔which Commercial Auto endorsement can provide coverage for a specific named
individual driving a car he does not own - ✔✔drive other car
✔✔Garagekeepers policy that splits a covered loss - ✔✔Direct primary
✔✔taxi coverage - ✔✔Motor carrier policy
✔✔In a Commercial Auto Policy, which coverage symbol indicates that a car is subject
to mandatory no-fault insurance? - ✔✔5
✔✔Forgery or Alterations - ✔✔protects the insured from loss due to the forgery or
alterations of checks, drafts, or promissory notes.
✔✔Coverage A Covered - ✔✔Building maintenance Equipment
✔✔Specialty contractor - ✔✔May qualify for the BOP if their annual payroll does not
exceed 300,000 and annual sales does not exceed 3,000,000; their subcontracted work
does not exceed 10% of sales. They are not involved in heavy construction; and they do
not work at heights over three stories. subcontracted work foes not need to make up
30% or less of sales in order to be eligible for BOP.
✔✔BOP - ✔✔does not include workers comp
✔✔Utility services - ✔✔Direct Damage covers losses caused by the interruption of
water, communications, or power services when a utility provider is damaged by a
covered peril.
✔✔Commercial package policy - ✔✔One condition page that applies to every line of
insurance in the policy.
