Florida Claims Adjuster Exam Questions
and Correct Answers 2024
The following are basic characteristics of a property or liability insurance contract, except:
A. Personal Contract
B. Conditional Contract
C. Loss of Settlement Contract
D. Contract of Adhesion - Correct Answer: Loss of Settlement Contract
The Insurer's responsibility to pay for a property loss may be conditioned on the insured having used
reasonable means to avoid the loss, to protect the property against further loss, and to give the insurer
proof of the loss is defined as?
A. Conditional Contract
B. Adhesion Contract
C. Indemnity Contract
D. All of the Above - Correct Answer: Conditional Contract
"may be conditioned"
If financial responsibility doesn't exist at the time of an accident, which of the following things must
happen to avoid penalties?
A. The legally valid claims of others must be satisfied (up to 10/20/10)
B. The owner and operator must provide certification of future responsibility for future accidents
C. Both A & B
D. None of the Above - Correct Answer: C. Both A & B
A lender has an insurable interest in a home and finds protection in the:
A. Loss Payee Clause
B. Mortgagee Clause
C. Lender Clause
, D. Additional Insured Clause - Correct Answer: B. Mortgagee Clause
Mortgagee - Homeowner's policy
Loss Payee - Automobile policy
Which of the following forms is "all-risk" on the dwelling policy?
A. DP-1, or the Basic Form
B. DP-2, or the Broad
C. DP-3, or the Special Form
D. None of the Above - Correct Answer: C. DP-3, or the Special Form
Which of the following is not covered under Coverage C, Personal Property?
A. A fire breaks out in the residence and an overnight guest loses his clothes in the fire
B. A fish dies because he has been left alone for a week without food
C. The insureds daughters tennis racket is stolen from her locker
D. The insureds suitcase and clothing, valued at $1,500, are stolen from his hotel - Correct Answer: B. A
fish dies because he has been left alone for a week without food
Animals are listed as an "exclusion" under a Homeowner's policy.
Which of the following are characteristics of Homeowner's Insurance?
A. Protects against economic loss to residences and household property and legal liabilities
B. Owner-occupants of 1-4 family dwellings
C. Renters who maintain residential occupancy in any type of building
D. All of the Above - Correct Answer: D. All of the Above
Also included: personal, non-business risk, no more than 2 roomers/boarders, condominium unit owners
and cooperative apartment occupants
An insured who wishes to purchase flood insurance, but is located in a moderate or low risk flood zone
may do so by purchasing a:
A. Preferred Risk Flood Policy
B. Standard Flood Policy
and Correct Answers 2024
The following are basic characteristics of a property or liability insurance contract, except:
A. Personal Contract
B. Conditional Contract
C. Loss of Settlement Contract
D. Contract of Adhesion - Correct Answer: Loss of Settlement Contract
The Insurer's responsibility to pay for a property loss may be conditioned on the insured having used
reasonable means to avoid the loss, to protect the property against further loss, and to give the insurer
proof of the loss is defined as?
A. Conditional Contract
B. Adhesion Contract
C. Indemnity Contract
D. All of the Above - Correct Answer: Conditional Contract
"may be conditioned"
If financial responsibility doesn't exist at the time of an accident, which of the following things must
happen to avoid penalties?
A. The legally valid claims of others must be satisfied (up to 10/20/10)
B. The owner and operator must provide certification of future responsibility for future accidents
C. Both A & B
D. None of the Above - Correct Answer: C. Both A & B
A lender has an insurable interest in a home and finds protection in the:
A. Loss Payee Clause
B. Mortgagee Clause
C. Lender Clause
, D. Additional Insured Clause - Correct Answer: B. Mortgagee Clause
Mortgagee - Homeowner's policy
Loss Payee - Automobile policy
Which of the following forms is "all-risk" on the dwelling policy?
A. DP-1, or the Basic Form
B. DP-2, or the Broad
C. DP-3, or the Special Form
D. None of the Above - Correct Answer: C. DP-3, or the Special Form
Which of the following is not covered under Coverage C, Personal Property?
A. A fire breaks out in the residence and an overnight guest loses his clothes in the fire
B. A fish dies because he has been left alone for a week without food
C. The insureds daughters tennis racket is stolen from her locker
D. The insureds suitcase and clothing, valued at $1,500, are stolen from his hotel - Correct Answer: B. A
fish dies because he has been left alone for a week without food
Animals are listed as an "exclusion" under a Homeowner's policy.
Which of the following are characteristics of Homeowner's Insurance?
A. Protects against economic loss to residences and household property and legal liabilities
B. Owner-occupants of 1-4 family dwellings
C. Renters who maintain residential occupancy in any type of building
D. All of the Above - Correct Answer: D. All of the Above
Also included: personal, non-business risk, no more than 2 roomers/boarders, condominium unit owners
and cooperative apartment occupants
An insured who wishes to purchase flood insurance, but is located in a moderate or low risk flood zone
may do so by purchasing a:
A. Preferred Risk Flood Policy
B. Standard Flood Policy
