Florida Claims Adjuster Exam | 206 Questions with
100% Correct Answers | 33 Pages
Course
Claims Adjuster
1. What is the primary role of a claims adjuster?
A) Sell insurance policies
B) Assess and settle insurance claims
C) Represent clients in court
D) Underwrite new insurance policies
✅ Answer: B) Assess and settle insurance claims
2. Which of the following best describes an adjuster's duty of good faith?
A) Maximizing company profits
B) Acting fairly and honestly in claim handling
C) Rejecting all suspicious claims
D) Settling all claims in favor of the insurer
✅ Answer: B) Acting fairly and honestly in claim handling
3. Under Florida law, how many days does an insurer have to acknowledge receipt of a claim?
A) 7 days
B) 10 days
C) 14 days
D) 30 days
✅ Answer: C) 14 days
4. What is the statute of limitations for filing a property insurance claim in Florida?
A) 2 years
B) 3 years
C) 4 years
D) 5 years
✅ Answer: A) 2 years
5. Which type of insurance adjuster works directly for an insurance company?
,A) Independent adjuster
B) Public adjuster
C) Staff adjuster
D) Catastrophe adjuster
✅ Answer: C) Staff adjuster
6. What is the primary purpose of Florida’s Unfair Insurance Trade Practices Act?
A) To increase insurance company profits
B) To regulate insurance marketing
C) To protect consumers from deceptive practices
D) To ensure adjusters are properly licensed
✅ Answer: C) To protect consumers from deceptive practices
7. Which of the following perils is typically excluded from a standard homeowner’s insurance
policy?
A) Fire
B) Windstorm
C) Flood
D) Theft
✅ Answer: C) Flood
8. What type of insurance policy covers losses from employee dishonesty?
A) Business Income Insurance
B) Commercial Property Insurance
C) Fidelity Bond
D) General Liability Insurance
✅ Answer: C) Fidelity Bond
9. Under Florida law, how long does an insurer have to pay or deny a claim after receiving
proof of loss?
A) 15 days
B) 30 days
C) 60 days
D) 90 days
✅ Answer: D) 90 days
10. What is the primary function of a public adjuster?
,A) Represent the insurance company
B) Investigate insurance fraud
C) Represent policyholders in claim settlements
D) Set state insurance regulations
✅ Answer: C) Represent policyholders in claim settlements
11. Which of the following is an example of an insurable interest?
A) A homeowner’s financial stake in their property
B) A neighbor’s concern for their friend’s house
C) A bank's investment in an unrelated business
D) A tenant’s concern for a landlord’s building
✅ Answer: A) A homeowner’s financial stake in their property
12. What type of insurance adjuster is hired by an insured to negotiate a claim settlement on
their behalf?
A) Independent Adjuster
B) Staff Adjuster
C) Public Adjuster
D) Company Adjuster
✅ Answer: C) Public Adjuster
13. Under Florida law, which of the following would be considered an unfair claims settlement
practice?
A) Denying a claim after a thorough investigation
B) Failing to acknowledge and act promptly on a claim
C) Requesting additional documentation for proof of loss
D) Negotiating a settlement offer
✅ Answer: B) Failing to acknowledge and act promptly on a claim
14. Which type of insurance policy covers legal liability for bodily injury and property damage
to others?
A) Homeowners Insurance
B) General Liability Insurance
C) Property Insurance
, D) Health Insurance
✅ Answer: B) General Liability Insurance
15. What is the primary purpose of reinsurance?
A) To increase insurance premiums
B) To transfer risk from one insurer to another
C) To eliminate claims altogether
D) To provide coverage for uninsured individuals
✅ Answer: B) To transfer risk from one insurer to another
16. What does an adjuster’s license allow them to do in Florida?
A) Sell insurance policies
B) Represent policyholders in court
C) Investigate and settle insurance claims
D) Modify insurance policies
✅ Answer: C) Investigate and settle insurance claims
17. What is the minimum number of continuing education hours required for a licensed
adjuster in Florida every two years?
A) 10 hours
B) 20 hours
C) 24 hours
D) 40 hours
✅ Answer: C) 24 hours
18. Which Florida statute governs insurance claim practices?
A) Florida Statute 626
B) Florida Statute 627
C) Florida Statute 624
D) Florida Statute 631
✅ Answer: A) Florida Statute 626
100% Correct Answers | 33 Pages
Course
Claims Adjuster
1. What is the primary role of a claims adjuster?
A) Sell insurance policies
B) Assess and settle insurance claims
C) Represent clients in court
D) Underwrite new insurance policies
✅ Answer: B) Assess and settle insurance claims
2. Which of the following best describes an adjuster's duty of good faith?
A) Maximizing company profits
B) Acting fairly and honestly in claim handling
C) Rejecting all suspicious claims
D) Settling all claims in favor of the insurer
✅ Answer: B) Acting fairly and honestly in claim handling
3. Under Florida law, how many days does an insurer have to acknowledge receipt of a claim?
A) 7 days
B) 10 days
C) 14 days
D) 30 days
✅ Answer: C) 14 days
4. What is the statute of limitations for filing a property insurance claim in Florida?
A) 2 years
B) 3 years
C) 4 years
D) 5 years
✅ Answer: A) 2 years
5. Which type of insurance adjuster works directly for an insurance company?
,A) Independent adjuster
B) Public adjuster
C) Staff adjuster
D) Catastrophe adjuster
✅ Answer: C) Staff adjuster
6. What is the primary purpose of Florida’s Unfair Insurance Trade Practices Act?
A) To increase insurance company profits
B) To regulate insurance marketing
C) To protect consumers from deceptive practices
D) To ensure adjusters are properly licensed
✅ Answer: C) To protect consumers from deceptive practices
7. Which of the following perils is typically excluded from a standard homeowner’s insurance
policy?
A) Fire
B) Windstorm
C) Flood
D) Theft
✅ Answer: C) Flood
8. What type of insurance policy covers losses from employee dishonesty?
A) Business Income Insurance
B) Commercial Property Insurance
C) Fidelity Bond
D) General Liability Insurance
✅ Answer: C) Fidelity Bond
9. Under Florida law, how long does an insurer have to pay or deny a claim after receiving
proof of loss?
A) 15 days
B) 30 days
C) 60 days
D) 90 days
✅ Answer: D) 90 days
10. What is the primary function of a public adjuster?
,A) Represent the insurance company
B) Investigate insurance fraud
C) Represent policyholders in claim settlements
D) Set state insurance regulations
✅ Answer: C) Represent policyholders in claim settlements
11. Which of the following is an example of an insurable interest?
A) A homeowner’s financial stake in their property
B) A neighbor’s concern for their friend’s house
C) A bank's investment in an unrelated business
D) A tenant’s concern for a landlord’s building
✅ Answer: A) A homeowner’s financial stake in their property
12. What type of insurance adjuster is hired by an insured to negotiate a claim settlement on
their behalf?
A) Independent Adjuster
B) Staff Adjuster
C) Public Adjuster
D) Company Adjuster
✅ Answer: C) Public Adjuster
13. Under Florida law, which of the following would be considered an unfair claims settlement
practice?
A) Denying a claim after a thorough investigation
B) Failing to acknowledge and act promptly on a claim
C) Requesting additional documentation for proof of loss
D) Negotiating a settlement offer
✅ Answer: B) Failing to acknowledge and act promptly on a claim
14. Which type of insurance policy covers legal liability for bodily injury and property damage
to others?
A) Homeowners Insurance
B) General Liability Insurance
C) Property Insurance
, D) Health Insurance
✅ Answer: B) General Liability Insurance
15. What is the primary purpose of reinsurance?
A) To increase insurance premiums
B) To transfer risk from one insurer to another
C) To eliminate claims altogether
D) To provide coverage for uninsured individuals
✅ Answer: B) To transfer risk from one insurer to another
16. What does an adjuster’s license allow them to do in Florida?
A) Sell insurance policies
B) Represent policyholders in court
C) Investigate and settle insurance claims
D) Modify insurance policies
✅ Answer: C) Investigate and settle insurance claims
17. What is the minimum number of continuing education hours required for a licensed
adjuster in Florida every two years?
A) 10 hours
B) 20 hours
C) 24 hours
D) 40 hours
✅ Answer: C) 24 hours
18. Which Florida statute governs insurance claim practices?
A) Florida Statute 626
B) Florida Statute 627
C) Florida Statute 624
D) Florida Statute 631
✅ Answer: A) Florida Statute 626
