FLORIDA CERTIFIED CLAIMS ADJUSTER EXAM NEWEST 2025 ACTUAL EXAM COMPLETE 500 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+.PDF

Florida Claims Adjuster Exam m m m




1. Frank owned a home that was destroyed by a hurricane. Both ABC and X
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YZ Banks were listed as additional interests on his homeowner policy. Thei
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nsurance company will make a payment to:
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A. The first mortgagee, ABC
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B. The Insured m




C. Jointly to ABC and XYZ m m m m




D. All listed interests: Ans- D. All listed interests
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Remember that the insurer is not responsible to know the degrees of interest. In the
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vent of a loss, one payment is made by the insurer and it is up to the additional inte
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ests on working out their share.
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2. Insurance applies separately to each insured as if other insureds did not
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exist. This is defined as:
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A. Severability

B. Conditional

C. Warranty
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,D. None of the above: Ans- A. Severability
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3. Property insurance policies usually contain a(n)
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clause, statingthe insured cannot dump damaged property on the insurer a
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nd demand its fullvalue:
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A. Pro Rata m




B. Abandonment

C. Liberalization

D. All of the above: Ans- B. Abandonment
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4. A(n)

is one wherein economic loss would be suffered from anadverse happeni
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ng to the subject:
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A. Conditional Contract m




B. Personal Contract m




C. Economic Contract m




D. Insurable Interest: Ans- D. Insurable Interest
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5. States that if the insurer adopts a revision which would broaden coverage
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without additional premium within some period of time prior to the policy p
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eriod or during the policy period, the insured receives the benefit of such br
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oadened coverage. m




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,A. Cancellation Clause m




B. Policy Period
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C. Pro Ratam




D. Liberalization: Ans- m




mmm D. Liberalization The time frame is
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m typically 60 days.
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3m/m34

, 6. The

states that when there is an unbroken connection betweenan occurrence a
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nd damage that grows out of the occurrence, then the resul-
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tant damage is all a part of the occurrence.
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A. Doctrine of Proximate Cause m m m




B. Doctrine of Perils & Hazards m m m m




C. Insurance Policy Handbook m m




D. Doctrine of Property Insurance: A. Doctrine of Proximate Cause
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For example, if a property insurance policy covers the peril of fire but further damagei
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s caused by smoke, water used to extinguish, and the process of moving property
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away - fire is considered to be the *proximate cause* of all of the damage.
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7. The Loss Settlement Valuation that subtracts an allowance for depreciation
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is defined as? m m




A. Actual Cash Value m m




B. Replacement Cost m




C. "Old for New" m m




D. None of the Above: A. Actual Cash Value
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8. A policy condition, either based on information in the insured's application
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or inserted by the insurer, is defined as:
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4m/m34