RHODE ISLAND ADJUSTER EXAM PRACTICE QUESTIONS AND ANSWERS

RHODE ISLAND ADJUSTER EXAM PRACTICE QUESTIONS AND ANSWERS HOW MANY DAYS DOES THE INSURER HAVE TO SEND OUT FORMS WHEN NOTIFIED OF AN INCIDENT? - Ans:-10 DAYS AT WHAT TIME IS THE POLICY EFFECTIVE? - Ans:-12:01 AM WHAT IS THE MAIN DIFFERENCE BETWEEN A NON-WAIVER AGREEMENT AND A ROR? - Ans:--NON- WAIVER IS SIGNED BY THE INSURED AND INSURER -ROR IS A LETTER IF AN INSURED IS COVERED BY 2 POLICIES ON ONE LOSS AND THE INS. COMPANIES SETTLE IT, WHAT CLAUSE WOULD THIS BE UNDER? - Ans:-OTHER INSURANCE CLAUSE WHEN AN INSURED REQUESTS STATUS UPDATE, HOW MANY DAYS DOES THE ADJ HAVE TO NOTIFY THEM IN WRITING THAT STILL INVEST.? - Ans:-10 DAYS IF AN INSURED HAS A PAP & THEIR VEHICLE IS DAMAGED IN A HURRICANE WHAT KIND OF CLAIM WOULD BE OPENED? - Ans:-WINDSTORM AND FLOOD/OTHER THAN COLLISION ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER 2024 Page 2/11 HOW MANY DAYS AFTER FIRST INITIATING A CLAIM DO YOU HAVE TO REQUEST AN EXTENSION TO COMPLETE THE INVESTIGATION? - Ans:-15 DAYS IS AN ADJUSTER SUBJECT TO PUBLIC CENSURE AS A FINE? - Ans:-NO ARE THE CONDITIONS INCLUDED IN THE DECLARATIONS SECTION OF THE PAP? - Ans:-NO WOULD FENCES BE CONSIDERED APPURTENANT UNDER THE HOMEOWNERS POLICY? - Ans:-YES UNDER PAP, WOULD YOU HAVE COVERAGE FOR ROAD DAMAGE TO TIRES DUE TO THEFT? - Ans:-YES FOR $25 TO $200 WOULD AN INSURER REIMBURSE YOU FOR A TEMP. SUBSTITUTE? - Ans:-NO IN RI, IF A VEHICLE IS INSURED BY 2 INSURERS, HOW DO THEY ALLOT PAYMENTS FOR THE DAMAGES? - Ans:-PROPORTIONATE TO EACH POLICIE'S LIMITS WHAT ACT WOULD BE CONSIDERED ILLEGAL UNDER THE UNFAIR CLAIMS PRACTICE ACT? - Ans:- PAYMENT BEFORE THOROUGH INVESTIGATION IF DAMAGES ARE CAUSED UNDER LIABILITY COVERAGE, WHO HAS THE BURDEN OF PROOF FOR THE LOSS? - Ans:-THE CLAIMANT- PERSON ASSERTING THE CLAIM AN INSURED HAS THE RIGHT TO SUBROGATE FOR DAMAGES FROM WHOM? - Ans:-THE RESPONSIBLE PARTY TRUE OR FALSE ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER 2024 Page 3/11 AN UNENDORDSED PAP, RENTAL COVERAGE MAY BE AFFORDED IN THE EVENT THAT AN INSURED VEHICLE IS STOLEN. - Ans:-TRUE WHAT IS IT CALLED WHEN AN INSURED RECEIVES ADDITIONAL COVERAGE BY THE INSURER DURING POLICY PERIOD AT NO COST TO THE INSURED? - Ans:-LIBERALIZATION TRUE OR FALSE AN INSURED'S TEMP. SUBSTITUTE WOULD BE COVERED IN THE EVENT THAT IT IS A RENTAL FOR VACATION - Ans:-TRUE IN WHICH SITUATION IS COVERAGE EXCLUDED UNDER SECTION II HO COVERAGE? - Ans:-A MOTOR VEHICLE DESIGNED FOR RECREACTIONAL USE OFF PUBLIC ROADS