Nc Adjuster Licensing Exam Questions And Correct
Answers Real Exam With Rationale Already Graded A
For Guaranteed Pass Latest Update 2025.
All of the following are types of rehabilitative services provided under a workers'
compensation policy, EXCEPT: - CORRECT ANSWER Substance abuse
Which of the following statements defines a "bailee"? - CORRECT ANSWER
Someone, other than the insured, to whom the insured property is entrusted
temporarily.
In North Carolina, the motor vehicle liability policy law requires owners of motor
vehicles to carry limits of: - CORRECT ANSWER $30/60/25
Many states amend property insurance coverage additions and extensions by statute
due to insufficient coverage amounts or time limits. All of the following are property
insurance additions or extensions that are frequently amended by state statute,
EXCEPT: - CORRECT ANSWER Other Structures
How are household personal property claims settled under the farm policy? -
CORRECT ANSWER Actual cash value
Which policy would be best for a prospective insured who wants coverage against
liability assumed by him under specific written agreements? - CORRECT ANSWER
Contractual Liability provided under a CGL policy
North Carolina law prohibits any Fire insurance policy covering property within the
state of North Carolina to be issued for a term: - CORRECT ANSWER Longer than
seven years
Collin suffered a work-related injury on the morning of February 5th and was off
work completely until he returned to work on full duty on February 19th. Collin had
worked for his employer for four years and was paid $42,125 per year. Collin's state
sets the TTD rate at 66 2/3rd percent of the average weekly wage. The state sets the
maximum compensation rate at
$420 per week and the waiting period at 3 days retroactive after 10 days. Collin was
not paid for working on February 5th, so how many days of TTD compensation is
Collin entitled to receive?
- CORRECT ANSWER 14
Which of the following is NOT excluded by Section II - Liability of the Business
Automobile policy? - CORRECT ANSWER Cost to defend the insured
The insured and her 18-year-old son, who lives in the insured's household, are
,Nc Adjuster Licensing Exam Questions And Correct
Answers Real Exam With Rationale Already Graded A
For Guaranteed Pass Latest Update 2025.
crossing the street when both of them are struck by a drunk driver. The Part B -
Medical Payments coverage of the insured's personal auto policy will: - CORRECT
ANSWER Provide coverage for both the insured and her son
,Nc Adjuster Licensing Exam Questions And Correct
Answers Real Exam With Rationale Already Graded A
For Guaranteed Pass Latest Update 2025.
All of the following are examples of insurable interest in property, EXCEPT: -
CORRECT ANSWER The interest an individual has in the property her parents will
someday leave to her.
George went out for target practice one day with his handgun. He has practiced many
times with the same target located in the woods behind his house. Unbeknownst to
George, a neighbor was walking in the woods behind the target one day and was
shot in the leg by George. Intentional acts are never covered by insurance, however,
the claim filed by the injured neighbor may be covered under George's liability
coverage. Which of the following is the most likely reason why?
- CORRECT ANSWER Shooting the gun was an intentional act committed by
George, but the consequences of act (his neighbor being shot) were not intended
The duties of the insured after a loss are included in insurance policy language to: -
CORRECT ANSWER Assist in the adjuster's investigation of the claim
The perils insured against by a Homeowners policy are contained within the: -
CORRECT ANSWER Insuring Agreements
Under a standard HO-3, the limit for Coverage C -- Personal Property for a one or
two-family dwelling: - CORRECT ANSWER Is set at 50% of Coverage A
Which of the following flood zones show a "flood depth" instead of a "base flood
elevation" on a FIRM? - CORRECT ANSWER AO
North Carolina law stipulates that buildings located within the state that are covered
under a Fire policy and suffer a total loss, the insurance company: - CORRECT
ANSWER Is not liable to pay amounts beyond the actual cash value of the insured
property at the time of the loss or damage
Which of the following is generally not considered to be a legal defense against
claims of negligence? - CORRECT ANSWER The loss to the plaintiff was caused
intentionally by the defendant. .
All of the following are true regarding the "Write Your Own" program of the NFIP,
EXCEPT: - CORRECT ANSWER Insurers are required to participate in the program
How are death benefits calculated for an employee who has died as a result of a work
related incident? - CORRECT ANSWER 66 2/3% of the employee's average weekly
wage for 500 weeks
, Nc Adjuster Licensing Exam Questions And Correct
Answers Real Exam With Rationale Already Graded A
For Guaranteed Pass Latest Update 2025.
Sharon's North Carolina home is covered under a Homeowner's policy with a
"Refrigerated Property Coverage" endorsement attached. She stores large amounts of
expensive meats in her freezer at any given time. One morning, she doesn't hear the
low hum of her freezer motor. When she opens her freezer door, she finds that the
freezer is no longer cold and all of her meat has spoiled. Sharon collects her receipts
and finds that the price of the spoiled meat totals $658 and she submits a claim for
this loss. How much will her insurer pay? - CORRECT ANSWER $500
Answers Real Exam With Rationale Already Graded A
For Guaranteed Pass Latest Update 2025.
All of the following are types of rehabilitative services provided under a workers'
compensation policy, EXCEPT: - CORRECT ANSWER Substance abuse
Which of the following statements defines a "bailee"? - CORRECT ANSWER
Someone, other than the insured, to whom the insured property is entrusted
temporarily.
In North Carolina, the motor vehicle liability policy law requires owners of motor
vehicles to carry limits of: - CORRECT ANSWER $30/60/25
Many states amend property insurance coverage additions and extensions by statute
due to insufficient coverage amounts or time limits. All of the following are property
insurance additions or extensions that are frequently amended by state statute,
EXCEPT: - CORRECT ANSWER Other Structures
How are household personal property claims settled under the farm policy? -
CORRECT ANSWER Actual cash value
Which policy would be best for a prospective insured who wants coverage against
liability assumed by him under specific written agreements? - CORRECT ANSWER
Contractual Liability provided under a CGL policy
North Carolina law prohibits any Fire insurance policy covering property within the
state of North Carolina to be issued for a term: - CORRECT ANSWER Longer than
seven years
Collin suffered a work-related injury on the morning of February 5th and was off
work completely until he returned to work on full duty on February 19th. Collin had
worked for his employer for four years and was paid $42,125 per year. Collin's state
sets the TTD rate at 66 2/3rd percent of the average weekly wage. The state sets the
maximum compensation rate at
$420 per week and the waiting period at 3 days retroactive after 10 days. Collin was
not paid for working on February 5th, so how many days of TTD compensation is
Collin entitled to receive?
- CORRECT ANSWER 14
Which of the following is NOT excluded by Section II - Liability of the Business
Automobile policy? - CORRECT ANSWER Cost to defend the insured
The insured and her 18-year-old son, who lives in the insured's household, are
,Nc Adjuster Licensing Exam Questions And Correct
Answers Real Exam With Rationale Already Graded A
For Guaranteed Pass Latest Update 2025.
crossing the street when both of them are struck by a drunk driver. The Part B -
Medical Payments coverage of the insured's personal auto policy will: - CORRECT
ANSWER Provide coverage for both the insured and her son
,Nc Adjuster Licensing Exam Questions And Correct
Answers Real Exam With Rationale Already Graded A
For Guaranteed Pass Latest Update 2025.
All of the following are examples of insurable interest in property, EXCEPT: -
CORRECT ANSWER The interest an individual has in the property her parents will
someday leave to her.
George went out for target practice one day with his handgun. He has practiced many
times with the same target located in the woods behind his house. Unbeknownst to
George, a neighbor was walking in the woods behind the target one day and was
shot in the leg by George. Intentional acts are never covered by insurance, however,
the claim filed by the injured neighbor may be covered under George's liability
coverage. Which of the following is the most likely reason why?
- CORRECT ANSWER Shooting the gun was an intentional act committed by
George, but the consequences of act (his neighbor being shot) were not intended
The duties of the insured after a loss are included in insurance policy language to: -
CORRECT ANSWER Assist in the adjuster's investigation of the claim
The perils insured against by a Homeowners policy are contained within the: -
CORRECT ANSWER Insuring Agreements
Under a standard HO-3, the limit for Coverage C -- Personal Property for a one or
two-family dwelling: - CORRECT ANSWER Is set at 50% of Coverage A
Which of the following flood zones show a "flood depth" instead of a "base flood
elevation" on a FIRM? - CORRECT ANSWER AO
North Carolina law stipulates that buildings located within the state that are covered
under a Fire policy and suffer a total loss, the insurance company: - CORRECT
ANSWER Is not liable to pay amounts beyond the actual cash value of the insured
property at the time of the loss or damage
Which of the following is generally not considered to be a legal defense against
claims of negligence? - CORRECT ANSWER The loss to the plaintiff was caused
intentionally by the defendant. .
All of the following are true regarding the "Write Your Own" program of the NFIP,
EXCEPT: - CORRECT ANSWER Insurers are required to participate in the program
How are death benefits calculated for an employee who has died as a result of a work
related incident? - CORRECT ANSWER 66 2/3% of the employee's average weekly
wage for 500 weeks
, Nc Adjuster Licensing Exam Questions And Correct
Answers Real Exam With Rationale Already Graded A
For Guaranteed Pass Latest Update 2025.
Sharon's North Carolina home is covered under a Homeowner's policy with a
"Refrigerated Property Coverage" endorsement attached. She stores large amounts of
expensive meats in her freezer at any given time. One morning, she doesn't hear the
low hum of her freezer motor. When she opens her freezer door, she finds that the
freezer is no longer cold and all of her meat has spoiled. Sharon collects her receipts
and finds that the price of the spoiled meat totals $658 and she submits a claim for
this loss. How much will her insurer pay? - CORRECT ANSWER $500
