Florida Claims Adjuster Exam Questions
and 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 - ANS-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 - ANS-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 - ANS-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 - ANS-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 - ANS-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 -
ANS-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 - ANS-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
C. Universal Flood Insurance
D. None of the Above - ANS-A. Preferred Risk Flood Policy
Although Flood Insurance is provided by the Federal Government, those who are not in
a "flood zone" may purchase a preferred risk policy to cover them for a flood claim.
Used only for Commercial Condominiums, it covers the unit-owners business personal
property and the personal property of others in the insured's care, custody or control:
A. Condominium Dwelling Form
B. Personal Condominium Unit Owners Form
C. Condominium Unit Owners Form
D. None of the Above - ANS-C. Condominium Unit Owners Form
Does not cover buildings since coverage would typically be provided under the Condo
Association coverage form issued.
The Commercial Property Contract includes all of the following, except:
and 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 - ANS-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 - ANS-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 - ANS-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 - ANS-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 - ANS-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 -
ANS-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 - ANS-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
C. Universal Flood Insurance
D. None of the Above - ANS-A. Preferred Risk Flood Policy
Although Flood Insurance is provided by the Federal Government, those who are not in
a "flood zone" may purchase a preferred risk policy to cover them for a flood claim.
Used only for Commercial Condominiums, it covers the unit-owners business personal
property and the personal property of others in the insured's care, custody or control:
A. Condominium Dwelling Form
B. Personal Condominium Unit Owners Form
C. Condominium Unit Owners Form
D. None of the Above - ANS-C. Condominium Unit Owners Form
Does not cover buildings since coverage would typically be provided under the Condo
Association coverage form issued.
The Commercial Property Contract includes all of the following, except:
