6/28/25, 9:29
AM
EXAM 1 INSURANCE LICENSING FLORIDA EXAM QUESTIONS
AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
LATEST UPDATE GRADED A++ 2025/2026
What is the primary A staff adjuster works for an insurance company and an
difference between a independent adjuster works
staff adjuster and an independently for themselves or for adjusting firms who
independent adjuster? represent many clients.
A couple has insured their The valued policy law.
home for
$150,000. A fire ensues
and guts their home,
resulting in a total loss.
An appraisal of the
home prior to loss
results in a value of
$120,000, yet the
adjuster is required by
1/
9
, 6/28/25, 9:29
AM
law to pay the couple
$150,000. This is
known as the
application of:
The doctrine of If there is an unbroken chain of events, or
proximate cause is series of consequences, flowing from the initial
defined as: loss caused by the insured peril to a
subsequent loss, the insured peril causing the
initial loss will be considered the "proximate
cause" of the subsequent loss.
An adjuster's The adjuster represents, and controls, the
responsibility as a property and financial interests of the client, to
fiduciary means: whom he/she owes a high degree of loyalty
and good faith.
The Adjuster's Code of The work of adjusting engages the public trust.
Ethics starts with a
basic premise which
states:
Breach of contract by If found guilty of a breach of contract, the
a carrier or its carrier could be punished with a "bad faith"
adjuster, through non- verdict that would cost it millions of dollars.
payment or non-
2/
9
AM
EXAM 1 INSURANCE LICENSING FLORIDA EXAM QUESTIONS
AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
LATEST UPDATE GRADED A++ 2025/2026
What is the primary A staff adjuster works for an insurance company and an
difference between a independent adjuster works
staff adjuster and an independently for themselves or for adjusting firms who
independent adjuster? represent many clients.
A couple has insured their The valued policy law.
home for
$150,000. A fire ensues
and guts their home,
resulting in a total loss.
An appraisal of the
home prior to loss
results in a value of
$120,000, yet the
adjuster is required by
1/
9
, 6/28/25, 9:29
AM
law to pay the couple
$150,000. This is
known as the
application of:
The doctrine of If there is an unbroken chain of events, or
proximate cause is series of consequences, flowing from the initial
defined as: loss caused by the insured peril to a
subsequent loss, the insured peril causing the
initial loss will be considered the "proximate
cause" of the subsequent loss.
An adjuster's The adjuster represents, and controls, the
responsibility as a property and financial interests of the client, to
fiduciary means: whom he/she owes a high degree of loyalty
and good faith.
The Adjuster's Code of The work of adjusting engages the public trust.
Ethics starts with a
basic premise which
states:
Breach of contract by If found guilty of a breach of contract, the
a carrier or its carrier could be punished with a "bad faith"
adjuster, through non- verdict that would cost it millions of dollars.
payment or non-
2/
9
