Florida Public Adjuster State Test -
Questions And Answers
Florida No-Fault Tort Exemption Correct Ans ➡ Those who comply with
the law are granted limited immunity from suits of others through PIP
coverage.
4 Exceptions to Tort Exemption(Threshold of No-Fault) Correct Ans ➡ 1.
Significant and Permanent loss of bodily function.
2.Permanent injury other than scarring and disfigurement.
3.Significant and Permanent scarring or disfigurement.
4.Death
What does NFIP stand for? Correct Ans ➡ National Flood Insurance
Program
Form SR-22 Correct Ans ➡ Drivers Convicted of DUI or a traffic felony
over the prior 3 years are required to have 100/300/50 coverage or a
certificate of self insurance of $350,000.
Contents of a CGL Contract Correct Ans ➡ 1.Declarations Form
2.Common Policy Conditions Form
3. One of:
A.Occurrence Form
B.Claims Made Form
4.Nuclear Energy Liability Exclusion Endorsement.
Declarations of a CGL Contract(4) Correct Ans ➡ 1.Named
Insured(including address)
2.Policy Period
3.Premium
4.Limits of Coverage
7 Common CGL Conditions Correct Ans ➡ 1.Cancellation(30 Days by
insurer option, 10 Days By no payment).
2.Changes
, 3.Examination of Books
4.Inspections and Surveys
5.Premiums
6.Transfer
7.Nuclear Endorsement
CGL Coverage A Correct Ans ➡ Bodily Injury and Property Damage
Insuring Agreement
The 3 Conditions that define work as "completed" Correct Ans ➡ 1.When
all work called for in the contract is completed.
2.When all work to be done at the site has been completed if one contract calls
for work at more than one site.
3.When that part of the work done at a job site has been put to its intended
use by any person or organization other than another contractor or
subcontractor.
Occurance Correct Ans ➡ An accident, including continuous or repeated
exposure to substantially the same general harmful conditions.
accident Correct Ans ➡ Sudden, unexpected event
The Difference between "Occurance" and "Claims Made" CGL Coverages
Correct Ans ➡ The Coverage Trigger:
The Occurance Form applies to BI and PD regardless of any later time at
which the claim is made.
The Claims-Made Form applies only to BI and PD that occurs on or after the
"Retro-Active date"
Retro-Active Date Correct Ans ➡ The date on which the coverage legally
began.
Basic Extended Reporting Period for CGL Correct Ans ➡ 60 Days after
expiration
Why is the term "Coverage Trigger" misleading? Correct Ans ➡ Because
it intends to refer to the time period during which the insurance contract is in
effect.
Questions And Answers
Florida No-Fault Tort Exemption Correct Ans ➡ Those who comply with
the law are granted limited immunity from suits of others through PIP
coverage.
4 Exceptions to Tort Exemption(Threshold of No-Fault) Correct Ans ➡ 1.
Significant and Permanent loss of bodily function.
2.Permanent injury other than scarring and disfigurement.
3.Significant and Permanent scarring or disfigurement.
4.Death
What does NFIP stand for? Correct Ans ➡ National Flood Insurance
Program
Form SR-22 Correct Ans ➡ Drivers Convicted of DUI or a traffic felony
over the prior 3 years are required to have 100/300/50 coverage or a
certificate of self insurance of $350,000.
Contents of a CGL Contract Correct Ans ➡ 1.Declarations Form
2.Common Policy Conditions Form
3. One of:
A.Occurrence Form
B.Claims Made Form
4.Nuclear Energy Liability Exclusion Endorsement.
Declarations of a CGL Contract(4) Correct Ans ➡ 1.Named
Insured(including address)
2.Policy Period
3.Premium
4.Limits of Coverage
7 Common CGL Conditions Correct Ans ➡ 1.Cancellation(30 Days by
insurer option, 10 Days By no payment).
2.Changes
, 3.Examination of Books
4.Inspections and Surveys
5.Premiums
6.Transfer
7.Nuclear Endorsement
CGL Coverage A Correct Ans ➡ Bodily Injury and Property Damage
Insuring Agreement
The 3 Conditions that define work as "completed" Correct Ans ➡ 1.When
all work called for in the contract is completed.
2.When all work to be done at the site has been completed if one contract calls
for work at more than one site.
3.When that part of the work done at a job site has been put to its intended
use by any person or organization other than another contractor or
subcontractor.
Occurance Correct Ans ➡ An accident, including continuous or repeated
exposure to substantially the same general harmful conditions.
accident Correct Ans ➡ Sudden, unexpected event
The Difference between "Occurance" and "Claims Made" CGL Coverages
Correct Ans ➡ The Coverage Trigger:
The Occurance Form applies to BI and PD regardless of any later time at
which the claim is made.
The Claims-Made Form applies only to BI and PD that occurs on or after the
"Retro-Active date"
Retro-Active Date Correct Ans ➡ The date on which the coverage legally
began.
Basic Extended Reporting Period for CGL Correct Ans ➡ 60 Days after
expiration
Why is the term "Coverage Trigger" misleading? Correct Ans ➡ Because
it intends to refer to the time period during which the insurance contract is in
effect.
