Texas Adjuster Exam [QUESTIONS AND
CORRECT ANSWERS) VERIFIED
ANSWERS 2024/2025
If an automobile policy has split limits of 30/60/25. What is the
maximum amount of liability coverage that would be paid in a
covered loss where three people are involved. - CORRECT
ANSWER $30,000
Which of the following statements best describes an inland
marine policy? - CORRECT ANSWER Pertains to Cargo with
no fixed location
A
You are handling the claim, and your policyholder has hired a
public adjuster, which of the following is not an appropriate
response - CORRECT ANSWER Advise the policyholder you
can't work with his or her public adjuster
The defense which bars a person from recovery against a
negligent party if it can be proven that this person knew of the risk
associated with the person who is participating in? - CORRECT
ANSWER Contributory negligence
An interest by the insured person in the value of the subject of
insurance including any legal or financial relationship - CORRECT
ANSWER Insurable interest
You have received a new claim for damages caused by a leaking
pipe. You should call and make contact with your policyholder
within what time frame? - CORRECT ANSWER Within 48 hours
, Failure to comply with terms or conditions of an insurance policy
that may result in restricted coverage or void the policy? -
CORRECT ANSWER Breach of contract
You make initial contact with your insured. During this
conversation, you should? - CORRECT ANSWER Obtain the
loss facts and set an appointment to inspect the damages
A _________ is a person hired to handle a claim on behalf of the
insured - CORRECT ANSWER Independent adjuster
If the bonded individual does not perform as promised, who needs
to perform the application or pay for any damages - CORRECT
ANSWER The surety
Dante Harris's license expires in two weeks. What should he do?
- CORRECT ANSWER Complete the required continuing
education and complete the renewal form
What is the provision in an insurance policy that indicates what is
denied coverage - CORRECT ANSWER Exclusion
Your policyholder has a homeowners policy with the following
limits on it. Coverage a $140,000 coverage be $70,000 what is
the maximum that they can receive for his contents they were
stolen out of the hotel room while on vacation? Do not consider
that deductible - CORRECT ANSWER $7000
You're handling a flood came in Galveston Texas. Your
policyholder has a flood policy on his home. The replacement cost
of the darling it's $290,000. The flood related damages are better
at $270,000. He is insured for the maximum coverage available of
$250,000. How much will you pay him and his claim - CORRECT
ANSWER $250,000
CORRECT ANSWERS) VERIFIED
ANSWERS 2024/2025
If an automobile policy has split limits of 30/60/25. What is the
maximum amount of liability coverage that would be paid in a
covered loss where three people are involved. - CORRECT
ANSWER $30,000
Which of the following statements best describes an inland
marine policy? - CORRECT ANSWER Pertains to Cargo with
no fixed location
A
You are handling the claim, and your policyholder has hired a
public adjuster, which of the following is not an appropriate
response - CORRECT ANSWER Advise the policyholder you
can't work with his or her public adjuster
The defense which bars a person from recovery against a
negligent party if it can be proven that this person knew of the risk
associated with the person who is participating in? - CORRECT
ANSWER Contributory negligence
An interest by the insured person in the value of the subject of
insurance including any legal or financial relationship - CORRECT
ANSWER Insurable interest
You have received a new claim for damages caused by a leaking
pipe. You should call and make contact with your policyholder
within what time frame? - CORRECT ANSWER Within 48 hours
, Failure to comply with terms or conditions of an insurance policy
that may result in restricted coverage or void the policy? -
CORRECT ANSWER Breach of contract
You make initial contact with your insured. During this
conversation, you should? - CORRECT ANSWER Obtain the
loss facts and set an appointment to inspect the damages
A _________ is a person hired to handle a claim on behalf of the
insured - CORRECT ANSWER Independent adjuster
If the bonded individual does not perform as promised, who needs
to perform the application or pay for any damages - CORRECT
ANSWER The surety
Dante Harris's license expires in two weeks. What should he do?
- CORRECT ANSWER Complete the required continuing
education and complete the renewal form
What is the provision in an insurance policy that indicates what is
denied coverage - CORRECT ANSWER Exclusion
Your policyholder has a homeowners policy with the following
limits on it. Coverage a $140,000 coverage be $70,000 what is
the maximum that they can receive for his contents they were
stolen out of the hotel room while on vacation? Do not consider
that deductible - CORRECT ANSWER $7000
You're handling a flood came in Galveston Texas. Your
policyholder has a flood policy on his home. The replacement cost
of the darling it's $290,000. The flood related damages are better
at $270,000. He is insured for the maximum coverage available of
$250,000. How much will you pay him and his claim - CORRECT
ANSWER $250,000
