Alaska Adjuster Questions and Answers
2025
Driver other car coverage --- correct answer ---Barry's Vending, Inc.
has a business auto policy (BAP). The owner, Barry, does not own a
car since he always drives a company car. What coverage should be
added to the BAP to provide Barry with liability coverage while
driving a vehicle not owned by the corporation?
21 Days --- correct answer ---How many days does the insurer have to
file a controversial notice of a disputed workers compensation claim
after employer new of the injury?
Theft of building materials from a dwelling under construction ---
correct answer ---Under homeowner's policy, "theft" does not include
What does "diminution of value" mean? --- correct answer ---A
reduction in the value of a vehicle even after repairs have been made
3 years --- correct answer ---The insurer has _______ after policy
expiration to audit the insured's payroll records in order to determine
final premium
,A change in the mailing address --- correct answer ---Which of the
following events would require a change on a homeowner policy?
pain and suffering --- correct answer ---Workers compensation
benefits does not provide payments for
Coverage for Damage to Your Auto --- correct answer ---Under a
personal auto policy, what is Coverage D?
Aleatory --- correct answer ---The promise by one party that is
conditioned on an uncertain event and where the value given by each
party is unequal is called
104 --- correct answer ---If an employee has a permanent physical
impairment from any cause or origin incurs a subsequent disability by
injury arising out or and in the course of employment, the insurance
carrier will be reimbursed ______weeks of disability payments paid
Less than $500,000 --- correct answer ---What is the maximum
obligation of the Alaska Insurance Guaranty Association on a covered
claims that is not an unearned premium claim or a Workers
Compensation claim?
, named non owner coverage --- correct answer ---What personal auto
coverage would a person need if he or she does not own a vehicle?
60 --- correct answer ---An unendorsed claims made form CGL policy
will respond to claims reported during the policy period and up to
_____days after the policy expires
15 --- correct answer ---How many days are given to submit proof of
loss
$1,000 --- correct answer ---What is the loss assessment limit
provided by Section II of the homeowner policy?
$2,000 --- correct answer ---Supplementary payments under the
liability section of a commercial auto policy include the cost of a bail
bond up to
Send the insured a reservation of rights letter --- correct answer ---If
an insured fail to report a claim in a timely fashion the adjuster will
usually
2025
Driver other car coverage --- correct answer ---Barry's Vending, Inc.
has a business auto policy (BAP). The owner, Barry, does not own a
car since he always drives a company car. What coverage should be
added to the BAP to provide Barry with liability coverage while
driving a vehicle not owned by the corporation?
21 Days --- correct answer ---How many days does the insurer have to
file a controversial notice of a disputed workers compensation claim
after employer new of the injury?
Theft of building materials from a dwelling under construction ---
correct answer ---Under homeowner's policy, "theft" does not include
What does "diminution of value" mean? --- correct answer ---A
reduction in the value of a vehicle even after repairs have been made
3 years --- correct answer ---The insurer has _______ after policy
expiration to audit the insured's payroll records in order to determine
final premium
,A change in the mailing address --- correct answer ---Which of the
following events would require a change on a homeowner policy?
pain and suffering --- correct answer ---Workers compensation
benefits does not provide payments for
Coverage for Damage to Your Auto --- correct answer ---Under a
personal auto policy, what is Coverage D?
Aleatory --- correct answer ---The promise by one party that is
conditioned on an uncertain event and where the value given by each
party is unequal is called
104 --- correct answer ---If an employee has a permanent physical
impairment from any cause or origin incurs a subsequent disability by
injury arising out or and in the course of employment, the insurance
carrier will be reimbursed ______weeks of disability payments paid
Less than $500,000 --- correct answer ---What is the maximum
obligation of the Alaska Insurance Guaranty Association on a covered
claims that is not an unearned premium claim or a Workers
Compensation claim?
, named non owner coverage --- correct answer ---What personal auto
coverage would a person need if he or she does not own a vehicle?
60 --- correct answer ---An unendorsed claims made form CGL policy
will respond to claims reported during the policy period and up to
_____days after the policy expires
15 --- correct answer ---How many days are given to submit proof of
loss
$1,000 --- correct answer ---What is the loss assessment limit
provided by Section II of the homeowner policy?
$2,000 --- correct answer ---Supplementary payments under the
liability section of a commercial auto policy include the cost of a bail
bond up to
Send the insured a reservation of rights letter --- correct answer ---If
an insured fail to report a claim in a timely fashion the adjuster will
usually
