(STUDY GUIDE FOR TWIA FIELD
ADJUSTERS CERTIFICATION) EXAM
WITH COMPLETE SOLUTIONS!!
1 of 68
Definition
Replacement Cost Coverage(Dwelling). As of 2019, TWIA policies are
ACV. Insured value of 80%+ provides automatic 802 coverage.
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201 404
802 505
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2 of 68
Definition
Extensions of Coverage falling under Consequential Loss.
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510, 520, 530 310, 320, 330
210, 220, 230 410, 420, 430
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3 of 68
Definition
Applies replacement cost coverage settlement to the Dwelling
except for roof coverings. Roof Coverings will still be covered at
ACV.
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HO-567 For Liability Protection HO-123 For Comprehensive
Against Lawsuits Personal Property Coverage
, HO-999 For Coverage
HO-804 Of Secondary Homes
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4 of 68
Definition
Field adjusters are approved for up to $175 in ladder assistance. Fees
beyond that are incurred by the adjuster
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Ladder Assistance File Retention
Overhead And Profit Permit Fees
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5 of 68
Definition
Only damaged siding should be included in the estimate and
replacement for a uniform finish up to a natural break. Include house
wrap in the replacement of siding as well.
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, Bearing Walls Siding
Sheathing Roofing
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6 of 68
Definition
1. Invoice- A copy of the fee schedule can be located in the RMS
2. Activity Log
3. Estimate/Inventory- If personal property is involved, make sure
that the policyholder fills out a PPIF.
4. Loss Recap
5.General Loss Report
6.Letters/Emails to Policyholder
7.Photo Report- Each photo should have a property description and
date stamped
8.Documents from Policyholder- Can include things such as emails,
contractor estimates, invoices/receipts, photos, Proof of Loss(TFPA),
and Advance Payment Requests
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Field Adjuster Report
Documents File Documentation