Adjuster Pro Oklahoma Practice Exam Questions and Answers 100% Correct(RATED A+)

The source of the adjusters authority - ANSWER-In the context of insurance adjusting, who is the principal? Coverage is not negotiable - ANSWER-When Nancy is pulling into her driveway, she accidentally hit the gas and plowed through her front wall. She tries to negotiate the claim with the adjuster, why is this not possible? True - ANSWER-True or false: assuring a claimant a policy is covered without determining the cause of loss is considered improperly acting as a fiduciary agent? Civil disputes between parties - ANSWER-Tort Law The principle of indemnity - ANSWER-Melindas home sustained $6,500 in damages when Jared ran into it with his truck. Melinda received $6,599 from her insurance company and Jared also paid her $5,000. Melinda has now profited from this loss and is in violation of: A morale hazard - ANSWER-Robby drives likes to race other drivers and isn't concerned with damages because of his good insurance. Robby's behavior is Pu