FLORIDA CLAIMS ADJUSTER LAT
g g g
EST EXAM 2023-
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2024/CLAIMS ADJUSTER (FLORIDA) 2g g g
70+ REAL EXAM QUESTIONS AND CO
g g g g g
RRECT
ANSWERS|AGRADE
Thegfollowinggaregbasicgcharacteristicsgofgagpropertygorgliability
insurancegcontract,gexcept:
A.gPersonalgContract
B.gConditionalgContract
C.gLossgofgSettlementgContract
D.gContractgofgAdhesiong-gANSWER-gLossgofgSettlementgContract
ThegInsurer'sgresponsibilitygtogpaygforgagpropertyglossgmaygbegconditioned
gongtheginsuredghavinggusedgreasonablegmeans gtogavoidgthegloss,gtogprotect
gthegpropertygagainstgfurthergloss,gandgtoggivegtheginsurergproofgofgtheglossg
isgdefinedgas?
A.gConditionalgContract
B.gAdhesiongContract
C.gIndemnitygContract
D.gAllgofgthegAboveg-gANSWER-gConditionalgContract
"maygbegconditioned"
Ifgfinancialgresponsibilitygdoesn'tgexistgatgthegtimegofgangaccident,gwhich
ofgthegfollowinggthingsgmustghappengtogavoidgpenalties?
A.gTheglegallygvalidgclaimsgofgothersgmustgbegsatisfiedg(upgtog10/20/10)
B.gThegownergandgoperatorgmustgprovidegcertificationgofgfuturegresponsibi
litygforgfuturegaccidents
,C.gBothgAg&gB
D.gNonegofgthegAboveg-gANSWER-gC.gBothgAg&gB
Aglenderghasganginsurableginterestgingaghomegandgfindsgprotectiongingthe:
A. LossgPayeegClause
B. MortgageegClause
C.gLendergClause
D.gAdditionalgInsuredgClauseg-gANSWER-gB.gMortgageegClause
Mortgageeg-gHomeowner'sgpolicy
LossgPayeeg-gAutomobilegpolicy
Whichgofgthegfollowinggformsgisg"all-risk"gongthegdwellinggpolicy?
DP-1,gorgthegBasicgForm
DP-2,gorgthegBroad
DP-3,gorgthegSpecialgForm
D.gNonegofgthegAboveg-gANSWER-gC.gDP-3,gorgthegSpecialgForm
WhichgofgthegfollowinggisgnotgcoveredgundergCoveragegC,gPersonal
Property?
A.gAgfiregbreaksgoutgingthegresidencegandgangovernightgguestglosesghis
clothesgingthegfire
B.gAgfishgdiesgbecausegheghasgbeengleftgalonegforgagweekgwithoutgfood
C.gTheginsuredsgdaughtersgtennisgracketgisgstolengfromgherglocker
D.gTheginsuredsgsuitcasegandgclothing,gvaluedgatg$1,500,garegstolengfrom
hisghotelg-gANSWER-gB.gAgfishgdiesgbecausegheghasgbeengleftgalone
forgagweekgwithoutgfood
Animalsgareglistedgasgang"exclusion"gundergagHomeowner'sgpolicy.
WhichgofgthegfollowinggaregcharacteristicsgofgHomeowner'sgInsurance?
A.gProtectsgagainstgeconomicglossgtogresidencesgandghouseholdgproperty
andglegalgliabilities
B.gOwner-occupantsgofg1-4gfamilygdwellings
,C.gRentersgwhogmaintaingresidentialgoccupancyginganygtypegofgbuilding
D.gAllgofgthegAboveg-gANSWER-gD.gAllgofgthegAbove
Alsogincluded:gpersonal,gnon-businessgrisk,gnogmoregthang2
roomers/boarders,gcondominiumgunitgownersgandgcooperativegapartment
occupants
Anginsuredgwhogwishesgtogpurchasegfloodginsurance,gbutgisglocatedginga
moderategorglowgriskgfloodgzonegmaygdogsogbygpurchasingga:
A.gPreferredgRiskgFloodgPolicy
B.gStandardgFloodgPolicy
C.gUniversalgFloodgInsurance
D.gNonegofgthegAboveg-gANSWER-gA.gPreferredgRiskgFloodgPolicy
AlthoughgFloodgInsurancegisgprovidedgbygthegFederalgGovernment,
thosegwhogaregnotgingag"floodgzone"gmaygpurchasegagpreferredgrisk
policygtogcovergthemgforgagfloodgclaim.
UsedgonlygforgCommercialgCondominiums,gitgcoversgthegunit-owners
businessgpersonalgpropertygandgthegpersonalgpropertygofgothersgingthe
insured'sgcare,gcustodygorgcontrol:
A.gCondominiumgDwellinggForm
B.gPersonalgCondominiumgUnitgOwnersgForm
C.gCondominiumgUnitgOwnersgForm
D.gNonegofgthegAboveg-gANSWER-
gC.gCondominiumgUnitgOwnersgFormgDoesgnotgcovergbuildingsgsincegc
overagegwouldgtypicallygbegprovidedgundergthegCondogAssociationgco
veragegformgissued.
ThegCommercialgPropertygContractgincludesgallgofgthegfollowing,gexcept:
A.gCommongPolicygConditions
B.gCommercialgPropertygConditions
C.gCoveragegForm
D.gCommercialgLossgScheduleg-gANSWER-gCommercialgLossgSchedule
Alsogincluded:gDeclarations,gCausesgofgLossgForm,gEndorsements
, Insuresgagcondominiumgassociationgagainstgdirectgphysicalglossgorgdamag
egtogbuildings,gbusinessgpersonalgpropertygandgpersonalgpropertygofgother
sgingthegcare,gcustodygorgcontrolgofgthegassociationgandglocatedgatgthegprem
ises:
A. CondominiumgAssociationgForm
B. CondominiumgUnitgOwnersgForm
C. CondominiumgInsuredgOwnergForm
D. NonegofgthegAboveg-gANSWER-gA.gCondominiumgAssociationgForm
This,galonggwithgCondogUnitgOwners Form,gisglocatedgundergCondo
Coverage.
Sometimesgreferredgtogasgcommercialgfiregandgalliedglines,gthisgisgthe
formgofginsurancegthatgcoversgdirectgandgindirectglossesgrelatedgto
propertiesgothergthangone-to-fourgfamilygdwellingsgandgfarmgproperties:
A.gBusinessgPropertygInsurance
B.gBuildinggPropertygInsurance
C. CommercialgPropertygInsurance
D. NonegofgthegAboveg-gANSWER-gC.gCommercialgPropertygInsurance
(thegquestiongisgthegdefinitiongforgthisgterm)
g UndergCommercialgPropertygPolicies,gFloridaglawgrequiresganginsurer
giveg theg insuredg atg leastg
gto daysg advanceg writteng noticeg ofg
nonrenewal.
25
90
45
NonegofgthegAboveg-gANSWER-gC.g45
Also,gnoticegmustgstategreasonsgthegpolicygisgnotgtogbegrenewed.
g g g
EST EXAM 2023-
g g
2024/CLAIMS ADJUSTER (FLORIDA) 2g g g
70+ REAL EXAM QUESTIONS AND CO
g g g g g
RRECT
ANSWERS|AGRADE
Thegfollowinggaregbasicgcharacteristicsgofgagpropertygorgliability
insurancegcontract,gexcept:
A.gPersonalgContract
B.gConditionalgContract
C.gLossgofgSettlementgContract
D.gContractgofgAdhesiong-gANSWER-gLossgofgSettlementgContract
ThegInsurer'sgresponsibilitygtogpaygforgagpropertyglossgmaygbegconditioned
gongtheginsuredghavinggusedgreasonablegmeans gtogavoidgthegloss,gtogprotect
gthegpropertygagainstgfurthergloss,gandgtoggivegtheginsurergproofgofgtheglossg
isgdefinedgas?
A.gConditionalgContract
B.gAdhesiongContract
C.gIndemnitygContract
D.gAllgofgthegAboveg-gANSWER-gConditionalgContract
"maygbegconditioned"
Ifgfinancialgresponsibilitygdoesn'tgexistgatgthegtimegofgangaccident,gwhich
ofgthegfollowinggthingsgmustghappengtogavoidgpenalties?
A.gTheglegallygvalidgclaimsgofgothersgmustgbegsatisfiedg(upgtog10/20/10)
B.gThegownergandgoperatorgmustgprovidegcertificationgofgfuturegresponsibi
litygforgfuturegaccidents
,C.gBothgAg&gB
D.gNonegofgthegAboveg-gANSWER-gC.gBothgAg&gB
Aglenderghasganginsurableginterestgingaghomegandgfindsgprotectiongingthe:
A. LossgPayeegClause
B. MortgageegClause
C.gLendergClause
D.gAdditionalgInsuredgClauseg-gANSWER-gB.gMortgageegClause
Mortgageeg-gHomeowner'sgpolicy
LossgPayeeg-gAutomobilegpolicy
Whichgofgthegfollowinggformsgisg"all-risk"gongthegdwellinggpolicy?
DP-1,gorgthegBasicgForm
DP-2,gorgthegBroad
DP-3,gorgthegSpecialgForm
D.gNonegofgthegAboveg-gANSWER-gC.gDP-3,gorgthegSpecialgForm
WhichgofgthegfollowinggisgnotgcoveredgundergCoveragegC,gPersonal
Property?
A.gAgfiregbreaksgoutgingthegresidencegandgangovernightgguestglosesghis
clothesgingthegfire
B.gAgfishgdiesgbecausegheghasgbeengleftgalonegforgagweekgwithoutgfood
C.gTheginsuredsgdaughtersgtennisgracketgisgstolengfromgherglocker
D.gTheginsuredsgsuitcasegandgclothing,gvaluedgatg$1,500,garegstolengfrom
hisghotelg-gANSWER-gB.gAgfishgdiesgbecausegheghasgbeengleftgalone
forgagweekgwithoutgfood
Animalsgareglistedgasgang"exclusion"gundergagHomeowner'sgpolicy.
WhichgofgthegfollowinggaregcharacteristicsgofgHomeowner'sgInsurance?
A.gProtectsgagainstgeconomicglossgtogresidencesgandghouseholdgproperty
andglegalgliabilities
B.gOwner-occupantsgofg1-4gfamilygdwellings
,C.gRentersgwhogmaintaingresidentialgoccupancyginganygtypegofgbuilding
D.gAllgofgthegAboveg-gANSWER-gD.gAllgofgthegAbove
Alsogincluded:gpersonal,gnon-businessgrisk,gnogmoregthang2
roomers/boarders,gcondominiumgunitgownersgandgcooperativegapartment
occupants
Anginsuredgwhogwishesgtogpurchasegfloodginsurance,gbutgisglocatedginga
moderategorglowgriskgfloodgzonegmaygdogsogbygpurchasingga:
A.gPreferredgRiskgFloodgPolicy
B.gStandardgFloodgPolicy
C.gUniversalgFloodgInsurance
D.gNonegofgthegAboveg-gANSWER-gA.gPreferredgRiskgFloodgPolicy
AlthoughgFloodgInsurancegisgprovidedgbygthegFederalgGovernment,
thosegwhogaregnotgingag"floodgzone"gmaygpurchasegagpreferredgrisk
policygtogcovergthemgforgagfloodgclaim.
UsedgonlygforgCommercialgCondominiums,gitgcoversgthegunit-owners
businessgpersonalgpropertygandgthegpersonalgpropertygofgothersgingthe
insured'sgcare,gcustodygorgcontrol:
A.gCondominiumgDwellinggForm
B.gPersonalgCondominiumgUnitgOwnersgForm
C.gCondominiumgUnitgOwnersgForm
D.gNonegofgthegAboveg-gANSWER-
gC.gCondominiumgUnitgOwnersgFormgDoesgnotgcovergbuildingsgsincegc
overagegwouldgtypicallygbegprovidedgundergthegCondogAssociationgco
veragegformgissued.
ThegCommercialgPropertygContractgincludesgallgofgthegfollowing,gexcept:
A.gCommongPolicygConditions
B.gCommercialgPropertygConditions
C.gCoveragegForm
D.gCommercialgLossgScheduleg-gANSWER-gCommercialgLossgSchedule
Alsogincluded:gDeclarations,gCausesgofgLossgForm,gEndorsements
, Insuresgagcondominiumgassociationgagainstgdirectgphysicalglossgorgdamag
egtogbuildings,gbusinessgpersonalgpropertygandgpersonalgpropertygofgother
sgingthegcare,gcustodygorgcontrolgofgthegassociationgandglocatedgatgthegprem
ises:
A. CondominiumgAssociationgForm
B. CondominiumgUnitgOwnersgForm
C. CondominiumgInsuredgOwnergForm
D. NonegofgthegAboveg-gANSWER-gA.gCondominiumgAssociationgForm
This,galonggwithgCondogUnitgOwners Form,gisglocatedgundergCondo
Coverage.
Sometimesgreferredgtogasgcommercialgfiregandgalliedglines,gthisgisgthe
formgofginsurancegthatgcoversgdirectgandgindirectglossesgrelatedgto
propertiesgothergthangone-to-fourgfamilygdwellingsgandgfarmgproperties:
A.gBusinessgPropertygInsurance
B.gBuildinggPropertygInsurance
C. CommercialgPropertygInsurance
D. NonegofgthegAboveg-gANSWER-gC.gCommercialgPropertygInsurance
(thegquestiongisgthegdefinitiongforgthisgterm)
g UndergCommercialgPropertygPolicies,gFloridaglawgrequiresganginsurer
giveg theg insuredg atg leastg
gto daysg advanceg writteng noticeg ofg
nonrenewal.
25
90
45
NonegofgthegAboveg-gANSWER-gC.g45
Also,gnoticegmustgstategreasonsgthegpolicygisgnotgtogbegrenewed.
