Florida Claims Adjuster A+ Exam Q&As
2024
This optional provision states that if the insured becomes totally disabled, premiums are
waived but the coverage remains in force:
B. Waiver of Premium - ANS-B. Waiver of Premium
"premiums are waived"
Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks
were listed as additional interests on his homeowner policy. The insurance company will
make a payment to:
D. All listed interests - ANS-D. All listed interests
Remember that the insurer is not responsible to know the degrees of interest. In the
event of a loss, one payment is made by the insurer and it is up to the additional
interests on working out their share.
Insurance applies *separately* to each insured as if other insureds did not exist. This is
defined as:
A. Severability - ANS-A. Severability
Property insurance policies usually contain a(n) __________ clause, stating the insured
cannot *dump damaged property* on the insurer and demand its full value:
B. Abandonment - ANS-B. Abandonment
A(n) __________ is one wherein economic loss would be suffered from an adverse
happening to the subject:
,D. Insurable Interest - ANS-D. Insurable Interest
States that if the insurer adopts a revision which would *broaden* coverage without
additional premium within some period of time prior to the policy period or during the
policy period, the insured receives the benefit of such *broadened* coverage.
D. Liberalization - ANS-D. Liberalization
The time frame is typically 60 days.
The __________ states that when there is an unbroken connection between an
occurrence and damage that *grows* out of the occurrence, then the resultant damage
is all a part of the occurrence.
A. Doctrine of Proximate Cause - ANS-A. Doctrine of Proximate Cause
For example, if a property insurance policy covers the peril of fire but further damage is
caused by smoke, water used to extinguish, and the process of moving property away -
fire is considered to be the *proximate cause* of all of the damage.
The Loss Settlement Valuation that subtracts an allowance for depreciation is defined
as?
A. Actual Cash Value - ANS-A. Actual Cash Value
*A policy condition,* either based on information in the insured's application or inserted
by the insurer, is defined as:
A. Warranty - ANS-A. Warranty
The following are basic characteristics of a property or liability insurance contract,
except:
C. Loss of Settlement Contract - ANS-C. 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 - ANS-A. Conditional Contract
"may be conditioned"
Which of the following is not one of the "Thresholds" in the "No-Fault" law? B.
Temporary Injury of the Insured - ANS-B. Temporary Injury of the Insured Also
included: permanent injury other than scarring and disfigurement Under
Mechanical Breakdown Coverage, new cars are eligible for service up to:
A. 36 Months/36,000 Miles - ANS-A. 36 Months/36,000 Miles
Used vehicles: 12 Months/12,000 Miles
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 - ANS-C. Both A & B
As to required proof for future accidents by purchase of auto liability insurance, the
insurer must make a filing Form SR-22 certifying that coverage is in effect, and this
certification must remain on file for __________ years:
B. 3 - ANS-B. 3
The Business *Automobile* Policy includes all of the following coverage forms except:
B. The Trailer Interchange Coverage Form - ANS-B. The Trailer Interchange Coverage
Form
Personal Injury Protection, or PIP, has a __________ per person, per accident
limit. A. 10,000 - ANS-A. 10,000
Used to insure businesses engaged in selling, servicing, repairing, *parking or storing
, automobiles:*
B. Garage Coverage Form - ANS-B. Garage Coverage Form
The following examples are referred to as __________ liability limits: 25/50/25 or
10/20/10.
A. Split - ANS-A. Split
10/20/10 =
10,000 per person injured
20,000 all injuries combined
10,000 property damage
Example of straight liability limit = $30,000
Jeremy has a not at fault accident. If he has PIP with a $1,000 deductible, how much
can he expect his PIP coverage to pay toward his medical bills that total $3,000?
A. $1,600 - ANS-A. $1,600
3000 (bills) - 1000 (deductible) =
2000 x .80 (eighty percent)
Frank has a not-at-fault accident, he has basic PIP, no deductible and Med pay
of $5,000. How much will his Med Pay contribute to medical bills of $15,000?
B. $5,000 - ANS-B. $5,000
Medical Payment limits apply per person; Frank will receive full amount towards
medical bills.
Which of the following is not one of the rating factors for a Homeowner's Policy?
C. Age & Gender of Insured - ANS-C. Age & Gender of Insured
On a Homeowner's Policy, covers items that are *not permanently attached to the
dwelling.* This is defined as:
2024
This optional provision states that if the insured becomes totally disabled, premiums are
waived but the coverage remains in force:
B. Waiver of Premium - ANS-B. Waiver of Premium
"premiums are waived"
Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks
were listed as additional interests on his homeowner policy. The insurance company will
make a payment to:
D. All listed interests - ANS-D. All listed interests
Remember that the insurer is not responsible to know the degrees of interest. In the
event of a loss, one payment is made by the insurer and it is up to the additional
interests on working out their share.
Insurance applies *separately* to each insured as if other insureds did not exist. This is
defined as:
A. Severability - ANS-A. Severability
Property insurance policies usually contain a(n) __________ clause, stating the insured
cannot *dump damaged property* on the insurer and demand its full value:
B. Abandonment - ANS-B. Abandonment
A(n) __________ is one wherein economic loss would be suffered from an adverse
happening to the subject:
,D. Insurable Interest - ANS-D. Insurable Interest
States that if the insurer adopts a revision which would *broaden* coverage without
additional premium within some period of time prior to the policy period or during the
policy period, the insured receives the benefit of such *broadened* coverage.
D. Liberalization - ANS-D. Liberalization
The time frame is typically 60 days.
The __________ states that when there is an unbroken connection between an
occurrence and damage that *grows* out of the occurrence, then the resultant damage
is all a part of the occurrence.
A. Doctrine of Proximate Cause - ANS-A. Doctrine of Proximate Cause
For example, if a property insurance policy covers the peril of fire but further damage is
caused by smoke, water used to extinguish, and the process of moving property away -
fire is considered to be the *proximate cause* of all of the damage.
The Loss Settlement Valuation that subtracts an allowance for depreciation is defined
as?
A. Actual Cash Value - ANS-A. Actual Cash Value
*A policy condition,* either based on information in the insured's application or inserted
by the insurer, is defined as:
A. Warranty - ANS-A. Warranty
The following are basic characteristics of a property or liability insurance contract,
except:
C. Loss of Settlement Contract - ANS-C. 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 - ANS-A. Conditional Contract
"may be conditioned"
Which of the following is not one of the "Thresholds" in the "No-Fault" law? B.
Temporary Injury of the Insured - ANS-B. Temporary Injury of the Insured Also
included: permanent injury other than scarring and disfigurement Under
Mechanical Breakdown Coverage, new cars are eligible for service up to:
A. 36 Months/36,000 Miles - ANS-A. 36 Months/36,000 Miles
Used vehicles: 12 Months/12,000 Miles
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 - ANS-C. Both A & B
As to required proof for future accidents by purchase of auto liability insurance, the
insurer must make a filing Form SR-22 certifying that coverage is in effect, and this
certification must remain on file for __________ years:
B. 3 - ANS-B. 3
The Business *Automobile* Policy includes all of the following coverage forms except:
B. The Trailer Interchange Coverage Form - ANS-B. The Trailer Interchange Coverage
Form
Personal Injury Protection, or PIP, has a __________ per person, per accident
limit. A. 10,000 - ANS-A. 10,000
Used to insure businesses engaged in selling, servicing, repairing, *parking or storing
, automobiles:*
B. Garage Coverage Form - ANS-B. Garage Coverage Form
The following examples are referred to as __________ liability limits: 25/50/25 or
10/20/10.
A. Split - ANS-A. Split
10/20/10 =
10,000 per person injured
20,000 all injuries combined
10,000 property damage
Example of straight liability limit = $30,000
Jeremy has a not at fault accident. If he has PIP with a $1,000 deductible, how much
can he expect his PIP coverage to pay toward his medical bills that total $3,000?
A. $1,600 - ANS-A. $1,600
3000 (bills) - 1000 (deductible) =
2000 x .80 (eighty percent)
Frank has a not-at-fault accident, he has basic PIP, no deductible and Med pay
of $5,000. How much will his Med Pay contribute to medical bills of $15,000?
B. $5,000 - ANS-B. $5,000
Medical Payment limits apply per person; Frank will receive full amount towards
medical bills.
Which of the following is not one of the rating factors for a Homeowner's Policy?
C. Age & Gender of Insured - ANS-C. Age & Gender of Insured
On a Homeowner's Policy, covers items that are *not permanently attached to the
dwelling.* This is defined as:
