1|Page
FLORIDA ADJUSTERS LICENSE EXAM NEWEST 2025
ACTUAL EXAM TEST BANK| COMPLETE 350 REAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED
A+|| BRAND NEW!!
The HIPAA was enacted by the US Congress in _________. - ANSWER
- 1996
Guaranty Associations are funded by: - ANSWER - Insurers
The set of patient privacy rules that all health care providers, insurance
companies, physicians offices, hospitals, and pharmacies must follow is
called the - ANSWER - HIPAA - Health Insurance Portability and
Accountability Act
What is one thing that an adjuster is not able to negotiate? - ANSWER -
Punitive Damages
Which one of the adjuster's reports usually includes the initial claim
reserve amount? - ANSWER - Preliminary report
After a loss covered under a dwelling policy, Ordinance or Law
coverage pays for: - ANSWER - Increased repair cost due to laws or
codes
pg. 1
,2|Page
Homeowner's insurance policy that provides coverage on an open-peril
basis for personal property without an endorsement - ANSWER - HO-5
is the only one
Personal property is covered anywhere in the world, portable electronics
outside of the dwelling however have a special limit of - ANSWER -
1,500
Which business auto policy endorsement covers employees while using
their personal cars for business purposes? - ANSWER - Employee as
Additional Insured
Inland Marine insurance protects - ANSWER - property being
transported.
Bill is going to switch employers, and therefore switch healthcare
providers. Which federal law ensures that he won't be denied coverage
when he switches health plans? - ANSWER - HIPAA
States that have special legislation that requires workers' compensation
coverage to be provided exclusively by the states workers comp program
are - ANSWER - monopolistic
Which must be proven in order for Time Element Insurance to cover a
loss? - ANSWER - The indirect losses were a result of covered direct
loss
pg. 2
,3|Page
One morning, Jill arrives to open the bank, only to find the door already
unlocked. Upon entering the bank, she sees the vault door has been
blown open and a large amount of money has been burned when an
explosive charge went off. Which commercial crime insurance coverage
might cover the loss? - ANSWER - Inside the premise: theft of money
and securities
Which endorsement is mandatory for all Florida residential property
policies - ANSWER - Catastrophic ground cover collapse
Under the longshore and harbor workers' compensation act, how much
would the surviving spouse of a deceased worker receive in benefits? -
ANSWER - 50% of the deceased workers average weekly wage
Wendy hires Jim to build an addition to her house. Jim takes the job and
finishes it in good time. Unfortunately, as Wendy is walking across the
threshold of the new addition, a floorboard gives way and Wendy falls
into the crawl-space below, injuring her leg and back. Which
commercial general liability coverage could help cover the cost of
Wendy's injuries? - ANSWER - Completed Operations Liability
Frequently included in mechanical breakdown insurance policies -
ANSWER - subrogation
Tony's dry cleaner business burns down destroying all the clothing along
with it. Which type of coverage in his commercial policy could help
Tony with the cost of paying for his customers destroying clothing -
ANSWER - Legal Liability Coverage
pg. 3
, 4|Page
An oral or written statement providing temporary insurance coverage
until an insurance policy can be issued - ANSWER - is called a binder
under replacement cost valuation, insurers may safeguard the principle
of indemnity by requiring policyholders to - ANSWER - replace insured
items before making full reparations
When an insurer issues an insurance policy, the actual item, person, or
organization that is being insured is called the - ANSWER - risk
Which insurance professional is responsible for investigating and
negotiating claims? - ANSWER - adjuster
Who is responsible for maintaining the claim file during the claim
process? - ANSWER - The adjuster
An insurance adjuster is responsible for updating and maintaining an
accurate record of all the information pertinent to an individual's
insurance claim, including copies of all written documentation, photos
and properties sketches, witness statements and copies of medical bills -
ANSWER - Claim Files
By signing a settlement release, the claimant gives up the right to -
ANSWER - Seek any further damages
pg. 4
FLORIDA ADJUSTERS LICENSE EXAM NEWEST 2025
ACTUAL EXAM TEST BANK| COMPLETE 350 REAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED
A+|| BRAND NEW!!
The HIPAA was enacted by the US Congress in _________. - ANSWER
- 1996
Guaranty Associations are funded by: - ANSWER - Insurers
The set of patient privacy rules that all health care providers, insurance
companies, physicians offices, hospitals, and pharmacies must follow is
called the - ANSWER - HIPAA - Health Insurance Portability and
Accountability Act
What is one thing that an adjuster is not able to negotiate? - ANSWER -
Punitive Damages
Which one of the adjuster's reports usually includes the initial claim
reserve amount? - ANSWER - Preliminary report
After a loss covered under a dwelling policy, Ordinance or Law
coverage pays for: - ANSWER - Increased repair cost due to laws or
codes
pg. 1
,2|Page
Homeowner's insurance policy that provides coverage on an open-peril
basis for personal property without an endorsement - ANSWER - HO-5
is the only one
Personal property is covered anywhere in the world, portable electronics
outside of the dwelling however have a special limit of - ANSWER -
1,500
Which business auto policy endorsement covers employees while using
their personal cars for business purposes? - ANSWER - Employee as
Additional Insured
Inland Marine insurance protects - ANSWER - property being
transported.
Bill is going to switch employers, and therefore switch healthcare
providers. Which federal law ensures that he won't be denied coverage
when he switches health plans? - ANSWER - HIPAA
States that have special legislation that requires workers' compensation
coverage to be provided exclusively by the states workers comp program
are - ANSWER - monopolistic
Which must be proven in order for Time Element Insurance to cover a
loss? - ANSWER - The indirect losses were a result of covered direct
loss
pg. 2
,3|Page
One morning, Jill arrives to open the bank, only to find the door already
unlocked. Upon entering the bank, she sees the vault door has been
blown open and a large amount of money has been burned when an
explosive charge went off. Which commercial crime insurance coverage
might cover the loss? - ANSWER - Inside the premise: theft of money
and securities
Which endorsement is mandatory for all Florida residential property
policies - ANSWER - Catastrophic ground cover collapse
Under the longshore and harbor workers' compensation act, how much
would the surviving spouse of a deceased worker receive in benefits? -
ANSWER - 50% of the deceased workers average weekly wage
Wendy hires Jim to build an addition to her house. Jim takes the job and
finishes it in good time. Unfortunately, as Wendy is walking across the
threshold of the new addition, a floorboard gives way and Wendy falls
into the crawl-space below, injuring her leg and back. Which
commercial general liability coverage could help cover the cost of
Wendy's injuries? - ANSWER - Completed Operations Liability
Frequently included in mechanical breakdown insurance policies -
ANSWER - subrogation
Tony's dry cleaner business burns down destroying all the clothing along
with it. Which type of coverage in his commercial policy could help
Tony with the cost of paying for his customers destroying clothing -
ANSWER - Legal Liability Coverage
pg. 3
, 4|Page
An oral or written statement providing temporary insurance coverage
until an insurance policy can be issued - ANSWER - is called a binder
under replacement cost valuation, insurers may safeguard the principle
of indemnity by requiring policyholders to - ANSWER - replace insured
items before making full reparations
When an insurer issues an insurance policy, the actual item, person, or
organization that is being insured is called the - ANSWER - risk
Which insurance professional is responsible for investigating and
negotiating claims? - ANSWER - adjuster
Who is responsible for maintaining the claim file during the claim
process? - ANSWER - The adjuster
An insurance adjuster is responsible for updating and maintaining an
accurate record of all the information pertinent to an individual's
insurance claim, including copies of all written documentation, photos
and properties sketches, witness statements and copies of medical bills -
ANSWER - Claim Files
By signing a settlement release, the claimant gives up the right to -
ANSWER - Seek any further damages
pg. 4
