TEXAS ALL LINES ADJUSTER EXAM
BRAND NEW!! (200+ QUESTIONS AND
CORRECT ANSWERS) VERIFIED ANSWERS
What is the failure to use that degree of care which n ordinary person of reasonable
prudence would use under similar circumstances? - ANSWER✅ Negligence
What is a situation involving a person other than an insured? - ANSWER✅ Third Party Loss
What is the responsibility to another for one's negligence? - ANSWER✅ Liability
Mary has a homeowner's policy. Her Coverage A limit of liability is $250,000 and her
Coverage B limit of liability is $125,000. Her policy has a 2% deductible. What is her
deductible? - ANSWER✅ $5,000
The part of the insurance policy that details the rights and duties of the insured and the
insurance company in the policy? - ANSWER✅ Conditions
What is a partial legal defense that reduces the amount of damages that a person can
recover based upon the amount that this person's own negligence contributed to the loss? -
ANSWER✅ Comparative Negligence
,Value of property based on the current cost to replace it minus depreciation? - ANSWER✅
Actual Cash Vale
This type of Auto Coverage pays for your damages if you were involved in a hit and run: -
ANSWER✅ Uninsured Motorist
What is the cost associated with replacing property at current market prices? -
ANSWER✅ Replacement Cost
The process when an insurer and insured have a dispute regarding the amount of the
damage: - ANSWER✅ Appraisal
The intentional misrepresentation of a material fact that may void a contract? - ANSWER✅
Fraud
What is the type of negotiation that is also sometimes called positional or hard-bargaining? -
ANSWER✅ Distributive
An event that results in an insured loss and damages? - ANSWER✅ Occurrence
What is the period a policy is in force, from the beginning or effective date? - ANSWER✅
Policy Period
,The amount the insured must pay in a loss before any payment is due? - ANSWER✅
Deductible
The insurer must review the claim and accept or reject within how many days? -
ANSWER✅ 15 calendar
Oral or written false statement that is malicious - ANSWER✅ Defamation
Time requirements does the policy holder have to complete the requirements that the
insurer has requested? - ANSWER✅ No requirements
Days for insurer to pay the claim - ANSWER✅ 5 business
Insurer must acknowledge the claim begin the investigation, and request all the information
needed in what time frame? - ANSWER✅ 15 Calendar days
What must an insurer provide for the declination, cancellation, or nonrenewal of an
insurance policy? - ANSWER✅ Written Statement
Established in 1991 to ensure prompt payment of insurance claims? - ANSWER✅ Article
21.55
An insurer may not consider a _______ as a basis for declination? - ANSWER✅ Customer
Inquiry
, An insurer may refuse to renew a policy if the insurer has mailed notice of nonrenewal to
the insured at least_____ days before the policy's expiration date? - ANSWER✅ 30
If the insurer needs additional time to evaluate and investigate a claim, they can request
how many additional days? - ANSWER✅ 45 Calendar Days
Under the Texas HO-B, the structure is covered for what type of losses? - ANSWER✅ All
risk of physical loss, unless excluded
Under the Texas HO-B, jewelry, watches, and furs are limited to? - ANSWER✅ $500 for
losses caused by theft
Under the Texas HO-B policy, the most paid for a tree? - ANSWER✅ $250
The Special Limit of Liability for Bullion/ Valuable Papers is? - ANSWER✅ $500
HO-B policy, you would choose the Deductible Clause 1 for losses caused by? - ANSWER✅
Windstorm, Hurricane, Hail
Trees, shrubs, plants, and lawns are not covered for losses caused by? - ANSWER✅
Windstorm
BRAND NEW!! (200+ QUESTIONS AND
CORRECT ANSWERS) VERIFIED ANSWERS
What is the failure to use that degree of care which n ordinary person of reasonable
prudence would use under similar circumstances? - ANSWER✅ Negligence
What is a situation involving a person other than an insured? - ANSWER✅ Third Party Loss
What is the responsibility to another for one's negligence? - ANSWER✅ Liability
Mary has a homeowner's policy. Her Coverage A limit of liability is $250,000 and her
Coverage B limit of liability is $125,000. Her policy has a 2% deductible. What is her
deductible? - ANSWER✅ $5,000
The part of the insurance policy that details the rights and duties of the insured and the
insurance company in the policy? - ANSWER✅ Conditions
What is a partial legal defense that reduces the amount of damages that a person can
recover based upon the amount that this person's own negligence contributed to the loss? -
ANSWER✅ Comparative Negligence
,Value of property based on the current cost to replace it minus depreciation? - ANSWER✅
Actual Cash Vale
This type of Auto Coverage pays for your damages if you were involved in a hit and run: -
ANSWER✅ Uninsured Motorist
What is the cost associated with replacing property at current market prices? -
ANSWER✅ Replacement Cost
The process when an insurer and insured have a dispute regarding the amount of the
damage: - ANSWER✅ Appraisal
The intentional misrepresentation of a material fact that may void a contract? - ANSWER✅
Fraud
What is the type of negotiation that is also sometimes called positional or hard-bargaining? -
ANSWER✅ Distributive
An event that results in an insured loss and damages? - ANSWER✅ Occurrence
What is the period a policy is in force, from the beginning or effective date? - ANSWER✅
Policy Period
,The amount the insured must pay in a loss before any payment is due? - ANSWER✅
Deductible
The insurer must review the claim and accept or reject within how many days? -
ANSWER✅ 15 calendar
Oral or written false statement that is malicious - ANSWER✅ Defamation
Time requirements does the policy holder have to complete the requirements that the
insurer has requested? - ANSWER✅ No requirements
Days for insurer to pay the claim - ANSWER✅ 5 business
Insurer must acknowledge the claim begin the investigation, and request all the information
needed in what time frame? - ANSWER✅ 15 Calendar days
What must an insurer provide for the declination, cancellation, or nonrenewal of an
insurance policy? - ANSWER✅ Written Statement
Established in 1991 to ensure prompt payment of insurance claims? - ANSWER✅ Article
21.55
An insurer may not consider a _______ as a basis for declination? - ANSWER✅ Customer
Inquiry
, An insurer may refuse to renew a policy if the insurer has mailed notice of nonrenewal to
the insured at least_____ days before the policy's expiration date? - ANSWER✅ 30
If the insurer needs additional time to evaluate and investigate a claim, they can request
how many additional days? - ANSWER✅ 45 Calendar Days
Under the Texas HO-B, the structure is covered for what type of losses? - ANSWER✅ All
risk of physical loss, unless excluded
Under the Texas HO-B, jewelry, watches, and furs are limited to? - ANSWER✅ $500 for
losses caused by theft
Under the Texas HO-B policy, the most paid for a tree? - ANSWER✅ $250
The Special Limit of Liability for Bullion/ Valuable Papers is? - ANSWER✅ $500
HO-B policy, you would choose the Deductible Clause 1 for losses caused by? - ANSWER✅
Windstorm, Hurricane, Hail
Trees, shrubs, plants, and lawns are not covered for losses caused by? - ANSWER✅
Windstorm
