Texas Adjuster Exam
Study online at https://quizlet.com/_a9bfqo
Texas Adjuster Exam Text Bank. Latest 2024-
2025
1. 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.: $30,000
2. Which of the following statements best describes an inland marine policy?-
: Pertains to Cargo with no fixed location
3. Alex is traveling through College Station and hits a deer, and the damages are
$1500. He has comprehensive coverage with a $500 deductible. What will you
pay?: $1000
4. This department is responsible for making rates and determines the rates
charged by the insurer: Actuarial department
5. Johnny has 30/60/25 limits on his auto policy, and he negligently ran into a
parked car driven by Steve Garcia. What is the maximum amount of coverage
that can be provided for the damage to Steve's car?: 25,000
6. Your customer has HO-B homeowners policy with a Coverage A limit os
$300,000. His mortgage payment is $1,400 per month. He can't stay in his home
for 1 month due to a claim that was caused by smoke. He is staying in a local
hotel for 1 month. The cost of the hotel is $900 for the moth. How much will you
pay your policyholder for Additional Living Expenses: $900
7. Insurance for ocean vessels is the ______ type of insurance?: oldest
8. Your insured has a homeowners policy with a Coverage A limit of $50,000, His
coverage B limit is $20,000. His deductible is 1%. He has 30 trees that are damaged
during the fire. How much are you going to pay on his claim?: 2500
9. If you have a covered loss, in excess of a limit, you can apply that excess towards
the deductible. This best describes?: Absorbing the deductible
10. What type of contract exists when the insurance policy is valid even though there
is an unequal exchange?: Aleatory Contract
11. What is the intentional or unintentional impression by the insurance company
that a certain fact exists when it does not?: Estoppel
12. An event that results in an insured loss / damages.: Occurrence
13. Joseph ross owns a 2014 Toyota Avalon. while at the mall shopping, someone
hit his car and left a big dent on the right side of his car. He does not know who
hit his car, and there are no witnesses to this accident. What type of insurance
protection does he need to protect him from financial loss in this situation:
Comprehensive
14. Morris has a Texas Dwelling policy on his property. His property burns down
in a fire. He claims that he has also sustained a financial loss because he is not
1/8
, . Adjuster Exam
Texas
Study online at https://quizlet.com/_a9bfqo
able to rent the property to his tenants. What can you tell him?: He has coverage
for loss of fair Rental Value
15. Method of dispute resolution that occurs when there is a dispute regarding
whether or not something is covered under the policy: Arbitration
16. A customer claims he tripped on a stair in John's Art Gallery and broke his
leg. The only way the customer will have a successful claim against John's insurance
is?: John must be found legally liable for the incident
17. Janet thompson works for universal insurance company of Texas. She is
involved in a work related accident in the supply room. She immediately notifies her
supervisor about the accident. Universal insurance company must report the
injuries within how many days of being notified of the injury?: 8 days
18. Provisions in an insurance policy that indicates what is not covered?:
Exclusions
19. As a public administrator you want to get insurance for your county's bridges
and tunnels. What kind of policy would you look for?: Inland Marine
20. Lewis has a Texas dwelling policy on his property in Lewisville Texas. His
tenant called him to tell him that the property was broke into and all of his contents
were stolen. Lewis files a claim for his tenant's stolen contents. What do you tell
Lewis about his claim?: The contents are covered up to 10% of the Coverage B limit of
liability.
21. Is the size of a loss, the extent of damages: Severity
22. What is the intentional relinquishment of a known right by the insurance
company or agent upon which the insured relies: Wavier
23. You have concluded your claim investigation and called your policyholder to
discuss the settlement of their claim. How long do you have to make payment to
your policyholder?: 5 Calendar days
24. The cost having the most significant impact in bringing about the loss under a
first-party insurance policy: Proximate Cause
25. Steve Garcia is exempted from taking the State Adjuster License Exam. Which
of the following is a reason for his exemption?: Within the past 12 months he
completed a certified adjuster pre-licenseing education program and pass the
required exam.
26. while derrick is taking inventory he accidentally drops a crate of milk on a
customer foot. what is the stores liability?: Premises Liability
27. Pam's home has been burglarized. The total value of the stolen contents is
$7,000. You advise her that she needs to file a police report. Which of the
following statements is correct?: A police report is needed per section 1 conditions
28. What are the types of adjuster licenses approved for issuance in Texas?: All
Lines, Property, Property and Casualty, Surety, Workers Compensation
2/8
Study online at https://quizlet.com/_a9bfqo
Texas Adjuster Exam Text Bank. Latest 2024-
2025
1. 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.: $30,000
2. Which of the following statements best describes an inland marine policy?-
: Pertains to Cargo with no fixed location
3. Alex is traveling through College Station and hits a deer, and the damages are
$1500. He has comprehensive coverage with a $500 deductible. What will you
pay?: $1000
4. This department is responsible for making rates and determines the rates
charged by the insurer: Actuarial department
5. Johnny has 30/60/25 limits on his auto policy, and he negligently ran into a
parked car driven by Steve Garcia. What is the maximum amount of coverage
that can be provided for the damage to Steve's car?: 25,000
6. Your customer has HO-B homeowners policy with a Coverage A limit os
$300,000. His mortgage payment is $1,400 per month. He can't stay in his home
for 1 month due to a claim that was caused by smoke. He is staying in a local
hotel for 1 month. The cost of the hotel is $900 for the moth. How much will you
pay your policyholder for Additional Living Expenses: $900
7. Insurance for ocean vessels is the ______ type of insurance?: oldest
8. Your insured has a homeowners policy with a Coverage A limit of $50,000, His
coverage B limit is $20,000. His deductible is 1%. He has 30 trees that are damaged
during the fire. How much are you going to pay on his claim?: 2500
9. If you have a covered loss, in excess of a limit, you can apply that excess towards
the deductible. This best describes?: Absorbing the deductible
10. What type of contract exists when the insurance policy is valid even though there
is an unequal exchange?: Aleatory Contract
11. What is the intentional or unintentional impression by the insurance company
that a certain fact exists when it does not?: Estoppel
12. An event that results in an insured loss / damages.: Occurrence
13. Joseph ross owns a 2014 Toyota Avalon. while at the mall shopping, someone
hit his car and left a big dent on the right side of his car. He does not know who
hit his car, and there are no witnesses to this accident. What type of insurance
protection does he need to protect him from financial loss in this situation:
Comprehensive
14. Morris has a Texas Dwelling policy on his property. His property burns down
in a fire. He claims that he has also sustained a financial loss because he is not
1/8
, . Adjuster Exam
Texas
Study online at https://quizlet.com/_a9bfqo
able to rent the property to his tenants. What can you tell him?: He has coverage
for loss of fair Rental Value
15. Method of dispute resolution that occurs when there is a dispute regarding
whether or not something is covered under the policy: Arbitration
16. A customer claims he tripped on a stair in John's Art Gallery and broke his
leg. The only way the customer will have a successful claim against John's insurance
is?: John must be found legally liable for the incident
17. Janet thompson works for universal insurance company of Texas. She is
involved in a work related accident in the supply room. She immediately notifies her
supervisor about the accident. Universal insurance company must report the
injuries within how many days of being notified of the injury?: 8 days
18. Provisions in an insurance policy that indicates what is not covered?:
Exclusions
19. As a public administrator you want to get insurance for your county's bridges
and tunnels. What kind of policy would you look for?: Inland Marine
20. Lewis has a Texas dwelling policy on his property in Lewisville Texas. His
tenant called him to tell him that the property was broke into and all of his contents
were stolen. Lewis files a claim for his tenant's stolen contents. What do you tell
Lewis about his claim?: The contents are covered up to 10% of the Coverage B limit of
liability.
21. Is the size of a loss, the extent of damages: Severity
22. What is the intentional relinquishment of a known right by the insurance
company or agent upon which the insured relies: Wavier
23. You have concluded your claim investigation and called your policyholder to
discuss the settlement of their claim. How long do you have to make payment to
your policyholder?: 5 Calendar days
24. The cost having the most significant impact in bringing about the loss under a
first-party insurance policy: Proximate Cause
25. Steve Garcia is exempted from taking the State Adjuster License Exam. Which
of the following is a reason for his exemption?: Within the past 12 months he
completed a certified adjuster pre-licenseing education program and pass the
required exam.
26. while derrick is taking inventory he accidentally drops a crate of milk on a
customer foot. what is the stores liability?: Premises Liability
27. Pam's home has been burglarized. The total value of the stolen contents is
$7,000. You advise her that she needs to file a police report. Which of the
following statements is correct?: A police report is needed per section 1 conditions
28. What are the types of adjuster licenses approved for issuance in Texas?: All
Lines, Property, Property and Casualty, Surety, Workers Compensation
2/8
