FLORIDA 3 20 PUBLIC ADJUSTERS STATE EXAM
PREP STUDY GUIDE 140 2026 PRACTICE
QUESTIONS AND SOLUTIONS GRADED A+
◉ Business auto coverage form Section 3 Physical Damage Coverage
Answer: We will pay for "loss" to a covered "auto" or its equipment
under:
a. Comprehensive Coverage From any cause except: (1) The covered
"auto's" collision with another object; or (2) The covered "auto's"
overturn.
b. Specified Causes Of Loss Coverage Caused by: (1) Fire, lightning
or explosion; (2) Theft; (3) Windstorm, hail or earthquake; (4)
Flood; (5) Mischief or vandalism; or (6) The sinking, burning,
collision or derailment of any conveyance transporting the covered
"auto".
c. Collision Coverage Caused by: (1) The covered "auto's" collision
with another object; or (2) The covered "auto's" overturn.
◉ Part D - Coverage for damage to your auto Answer: the insurance
company agrees to pay an amount in excess of your deductible for
direct and accidental loss to your covered car or any other car
specified in the agreement. Thus, it pays for damage or theft to your
car.
,◉ 627.70131 Insurer's duty to acknowledge communications
regarding claims; investigation. Answer: (1) Upon an insurer's
receiving a communication with respect to a claim, the insurer shall,
within 14 calendar days, review and acknowledge receipt of such
communication unless payment is made within that period of time
or unless the failure to acknowledge is caused by factors beyond the
control of the insurer which reasonably prevent such
acknowledgment. If the acknowledgment is not in writing, a
notification indicating acknowledgment shall be made in the
insurer's claim file and dated. A communication made to or by an
agent of an insurer with respect to a claim shall constitute
communication to or by the insurer.
(2) Such acknowledgment shall be responsive to the communication.
If the communication constitutes a notification of a claim, unless the
acknowledgment reasonably advises the claimant that the claim
appears not to be covered by the insurer, the acknowledgment shall
provide necessary claim forms, and instructions, including an
appropriate telephone number.
(3) Unless otherwise provided by the policy of insurance or by law,
within 10 working days after an insurer receives proof of loss
statements, the insurer shall begin such investigation as is
reasonably necessary unless the failure to begin such investigation is
caused by factors beyond the control of the insurer which
reasonably prevent the commencement of such investigation.
(4) For purposes of this section, the term "insurer" means any
residential property insurer.
(5)(a) Within 90 days after an insurer receives notice of an initial,
reopened, or supplemental property insurance claim from a
, policyholder, the insurer shall pay or deny such claim or a portion of
the claim unless the failure to pay is caused by factors beyond the
control of the insurer which reasonably prevent such payment. Any
payment of an initial or supplemental claim or portion of such
◉ Valuation of Mobile/Manufactured Homes Answer: If the
manufactured home's homeowners' policy has a value on it, and
you're in a valued policy state, the insurance company will pay up to
the limit listed on the policy if the home is deemed a total loss.
Some manufactured home policies will have a provision that allows
for homes less than a certain age (10 years for example) to be valued
at replacement cost. This has been done in part because some
companies recognize that construction methods have changed over
the years and that the home is newer. It's kind of like getting new car
replacement on your auto policy, but only for late models.
◉ DP-1 Basic Form Answer: Perils insured against are fire, lightning,
and internal explosion.
◉ DP-2 Broad Form Answer: This dwelling coverage form covers
perils included under the DP-1 with ECE and optional VMM
endorsement attached,
plus: burglars; falling objects; weight of snow, ice, sleet; accidental
discharge or overflow of water or steam; sudden and accidental
tearing apart, cracking, burning or bulging of a steam or hot water
PREP STUDY GUIDE 140 2026 PRACTICE
QUESTIONS AND SOLUTIONS GRADED A+
◉ Business auto coverage form Section 3 Physical Damage Coverage
Answer: We will pay for "loss" to a covered "auto" or its equipment
under:
a. Comprehensive Coverage From any cause except: (1) The covered
"auto's" collision with another object; or (2) The covered "auto's"
overturn.
b. Specified Causes Of Loss Coverage Caused by: (1) Fire, lightning
or explosion; (2) Theft; (3) Windstorm, hail or earthquake; (4)
Flood; (5) Mischief or vandalism; or (6) The sinking, burning,
collision or derailment of any conveyance transporting the covered
"auto".
c. Collision Coverage Caused by: (1) The covered "auto's" collision
with another object; or (2) The covered "auto's" overturn.
◉ Part D - Coverage for damage to your auto Answer: the insurance
company agrees to pay an amount in excess of your deductible for
direct and accidental loss to your covered car or any other car
specified in the agreement. Thus, it pays for damage or theft to your
car.
,◉ 627.70131 Insurer's duty to acknowledge communications
regarding claims; investigation. Answer: (1) Upon an insurer's
receiving a communication with respect to a claim, the insurer shall,
within 14 calendar days, review and acknowledge receipt of such
communication unless payment is made within that period of time
or unless the failure to acknowledge is caused by factors beyond the
control of the insurer which reasonably prevent such
acknowledgment. If the acknowledgment is not in writing, a
notification indicating acknowledgment shall be made in the
insurer's claim file and dated. A communication made to or by an
agent of an insurer with respect to a claim shall constitute
communication to or by the insurer.
(2) Such acknowledgment shall be responsive to the communication.
If the communication constitutes a notification of a claim, unless the
acknowledgment reasonably advises the claimant that the claim
appears not to be covered by the insurer, the acknowledgment shall
provide necessary claim forms, and instructions, including an
appropriate telephone number.
(3) Unless otherwise provided by the policy of insurance or by law,
within 10 working days after an insurer receives proof of loss
statements, the insurer shall begin such investigation as is
reasonably necessary unless the failure to begin such investigation is
caused by factors beyond the control of the insurer which
reasonably prevent the commencement of such investigation.
(4) For purposes of this section, the term "insurer" means any
residential property insurer.
(5)(a) Within 90 days after an insurer receives notice of an initial,
reopened, or supplemental property insurance claim from a
, policyholder, the insurer shall pay or deny such claim or a portion of
the claim unless the failure to pay is caused by factors beyond the
control of the insurer which reasonably prevent such payment. Any
payment of an initial or supplemental claim or portion of such
◉ Valuation of Mobile/Manufactured Homes Answer: If the
manufactured home's homeowners' policy has a value on it, and
you're in a valued policy state, the insurance company will pay up to
the limit listed on the policy if the home is deemed a total loss.
Some manufactured home policies will have a provision that allows
for homes less than a certain age (10 years for example) to be valued
at replacement cost. This has been done in part because some
companies recognize that construction methods have changed over
the years and that the home is newer. It's kind of like getting new car
replacement on your auto policy, but only for late models.
◉ DP-1 Basic Form Answer: Perils insured against are fire, lightning,
and internal explosion.
◉ DP-2 Broad Form Answer: This dwelling coverage form covers
perils included under the DP-1 with ECE and optional VMM
endorsement attached,
plus: burglars; falling objects; weight of snow, ice, sleet; accidental
discharge or overflow of water or steam; sudden and accidental
tearing apart, cracking, burning or bulging of a steam or hot water
