P&C Texas Adjuster Exam with
Accurate Solutions
Regulates the insurance industry - ANSWER-Texas Department of Insurance
Is appointed by the governor and heads the Texas Dept. of Insurance - ANSWER-
Commissioner
According to the Texas Insurance Code, any person who investigates or adjusts losses,
or any person who supervises the handling of claims must be licensed as a - ANSWER-
Adjuster
_________ is on the payroll of an insurance company and is paid salary or hourly -
ANSWER-Staff Adjuster
A ___________ handles claims for one or more insurance companies and receives a
fee based on time and expense - ANSWER-Independent Adjuster
A ____________ works on behalf of the insured in negotiating a claim settlement -
ANSWER-Public Adjuster
Person(s) marketing (selling) insurance products are called ___________ - ANSWER-
Agents
An insurer organized and domiciled outside the US is called an ___________ -
ANSWER-Alien insurer
Where can you find subrogation - ANSWER-Conditions
Where can you find the territories covered - ANSWER-Conditionz
Where can you find perils not covered - ANSWER-Exclusions
If an apartment complex with multiple building is written with a single amount of
insurance, it is said to be written on a ________ form - ANSWER-Blanket
When a building is ________ the premise is empty and has no furnishings or occupants
are present - ANSWER-Vacant
, When. Building is ___________ there is no occupant present but furnishings remain
and occupant intends to return - ANSWER-Unoccupied
If a covered building is called and for ____ consecutive days, coverage ceases the
following day - ANSWER-60
When we insure 2 or more lines of insurance coverage in a single policy, it's called a
_______policy - ANSWER-Package
When we insure one line of insurance coverage in a single policy, it's called a ________
policy - ANSWER-Monoline
Condition in a policy that encourages the insured to to carry enough insurance is called
- ANSWER-Coinsurance
The most common co-insurance requirement is what % - ANSWER-80
If the insured has a partial loss and the coinsurance f requirement is not met, then a
_________________applies - ANSWER-Penalty
Nothing the insured does, even dishonestly can prevent the ____________from
collecting under the policy - ANSWER-Mortgagee
________damages are to compensate for noneconomic losses, like pain and suffering.
- ANSWER-General
A civil wrongdoing - ANSWER-tort
Legal obligation to pay for damages cause to another - ANSWER-Liabilty
The responsibility for a child drowning in the insured's pool can be described as an
_______liability - ANSWER-Absolute
When an insured knew about their products defect,and was the proximate cause of
injury - ANSWER-Strict Liablility
When an employee causes injury to a customer , the employer is said to be legally
responsible for the injures due to the concept of _______________ - ANSWER-
Vicarious liability
The failure to actin a reasonable and prudent manner - ANSWER-Negligence
To establish a charge of negligence, the act of the wrongdoer must be the __________
cause of the injury - ANSWER-Proximate
4 Elements of Negligence (The 4 D's) - ANSWER-Duty
Accurate Solutions
Regulates the insurance industry - ANSWER-Texas Department of Insurance
Is appointed by the governor and heads the Texas Dept. of Insurance - ANSWER-
Commissioner
According to the Texas Insurance Code, any person who investigates or adjusts losses,
or any person who supervises the handling of claims must be licensed as a - ANSWER-
Adjuster
_________ is on the payroll of an insurance company and is paid salary or hourly -
ANSWER-Staff Adjuster
A ___________ handles claims for one or more insurance companies and receives a
fee based on time and expense - ANSWER-Independent Adjuster
A ____________ works on behalf of the insured in negotiating a claim settlement -
ANSWER-Public Adjuster
Person(s) marketing (selling) insurance products are called ___________ - ANSWER-
Agents
An insurer organized and domiciled outside the US is called an ___________ -
ANSWER-Alien insurer
Where can you find subrogation - ANSWER-Conditions
Where can you find the territories covered - ANSWER-Conditionz
Where can you find perils not covered - ANSWER-Exclusions
If an apartment complex with multiple building is written with a single amount of
insurance, it is said to be written on a ________ form - ANSWER-Blanket
When a building is ________ the premise is empty and has no furnishings or occupants
are present - ANSWER-Vacant
, When. Building is ___________ there is no occupant present but furnishings remain
and occupant intends to return - ANSWER-Unoccupied
If a covered building is called and for ____ consecutive days, coverage ceases the
following day - ANSWER-60
When we insure 2 or more lines of insurance coverage in a single policy, it's called a
_______policy - ANSWER-Package
When we insure one line of insurance coverage in a single policy, it's called a ________
policy - ANSWER-Monoline
Condition in a policy that encourages the insured to to carry enough insurance is called
- ANSWER-Coinsurance
The most common co-insurance requirement is what % - ANSWER-80
If the insured has a partial loss and the coinsurance f requirement is not met, then a
_________________applies - ANSWER-Penalty
Nothing the insured does, even dishonestly can prevent the ____________from
collecting under the policy - ANSWER-Mortgagee
________damages are to compensate for noneconomic losses, like pain and suffering.
- ANSWER-General
A civil wrongdoing - ANSWER-tort
Legal obligation to pay for damages cause to another - ANSWER-Liabilty
The responsibility for a child drowning in the insured's pool can be described as an
_______liability - ANSWER-Absolute
When an insured knew about their products defect,and was the proximate cause of
injury - ANSWER-Strict Liablility
When an employee causes injury to a customer , the employer is said to be legally
responsible for the injures due to the concept of _______________ - ANSWER-
Vicarious liability
The failure to actin a reasonable and prudent manner - ANSWER-Negligence
To establish a charge of negligence, the act of the wrongdoer must be the __________
cause of the injury - ANSWER-Proximate
4 Elements of Negligence (The 4 D's) - ANSWER-Duty
