West Virginia Adjusters (2025) Actual
Exam Questions and Answers A+
Graded
Which .of .the .following .is .NOT .an .example .of .an ."indirect .loss"? .- .CORRECT
.ANSWER .-During .a .fire, .the .fire .department .hoses .down .a .house .to .extinguish
.the .flames. .The .water .damage .that .results .is .an .indirect .loss.
When .the .settlement .difference .between .an .insurer .and .a .claimant .is .minor: .-
.CORRECT .ANSWER .-it .should .be .settled .in .favor .of .the .claimant.
Which .of .the .following .activities .is .a .speculative .risk? .- .CORRECT .ANSWER .-
Betting .on .a .horse .race
Which .of .the .following .provisions .is .NOT .included .in .the .Legal .Action .Against
.the .Insurer .clause .in .an .insurance .policy? .- .CORRECT .ANSWER .-The .insurer
.will .pay .to .defend .the .insured .in .a .lawsuit, .up .to .the .policy .limit.
Sara's .vehicle .was .stolen .and .her .insurer .paid .her .theft .claim .for .the .total .value
.of .the .car. .A .week .later, .the .police .found .Sara's .car .and .returned .it .to .her.
.Which .of .the .following .statements .is .true? .- .CORRECT .ANSWER .-The
.Recovered .Property .provision .states .that .Sara .must .notify .the .insurer .and
.either .return .the .settlement .payment .or .surrender .the .vehicle .to .the .insurer.
During .a .storm, .lightning .strikes .a .tree .in .Norman's .back .yard, .causing .it .to .fall
.on .his .house .and .damage .his .roof. .In .this .case, .Norman's .fallen .tree .is
.considered: .- .CORRECT .ANSWER .-a .direct .loss.
When .an .insurer .takes .no .action .upon .realizing .material .changes .in .a .contract,
.this .is .called: .- .CORRECT .ANSWER .-an .implied .waiver.
All .of .the .following .statements .are .true .of .liability .insurance, .EXCEPT: .-
.CORRECT .ANSWER .-Liability .insurance .provides .indemnification .for .the
.insured.
Robby .carpools .to .school .with .his .friends, .and .he .enjoys .racing .the .other .cars
.on .the .road .whenever .he .can. .His .Dad .lectures .him .about .the .dangers .of
.speeding, .but .Robby .thinks .his .Dad .is .overreacting. .He's .been .driving .for .two
.whole .years, .so .he .knows .what .he's .doing. .And .besides, .they .have .good
, .insurance, .so .it .wouldn't .be .that .big .of .a .deal .even .if .Robby .did .damage .his
.car. .In .insurance .terms, .Robby's .behavior .is: .- .CORRECT .ANSWER .-a .morale
.hazard.
Jack's .home .is .valued .at .$950,000. .How .much .insurance .does .he .need .to .carry
.on .his .home .in .order .to .be .fully .insured .under .a .typical .insurance .policy? .-
.CORRECT .ANSWER .-$760,000
Bryce's .business .has .a .commercial .liability .policy .with .a .per .occurrence .limit
.and .an .aggregate .limit. .The .limits .in .the .policy .are .$100,000/$200,000. .What
.does .this .mean? .- .CORRECT .ANSWER .-Bryce's .policy .will .pay .up .to .$100,000
.per .occurrence, .and .up .to .$200,000 .during .the .whole .policy .term.
After .a .fire .destroys .Gale's .kitchen, .she .files .a .claim .with .her .insurer .and .hires
.a .contractor. .The .contractor .estimates .it .will .take .$42,250 .to .repair .the .damage,
.but .the .adjuster .estimates .it .will .only .take .$38,340. .Which .of .the .following .is
.the .best .option .for .the .adjuster's .response .to .Gale's .claim? .- .CORRECT
.ANSWER .-Negotiate .a .settlement .amount .with .Gale.
Driving .home .after .a .14-hour .shift, .Sam .falls .asleep .at .the .wheel .and .plows .into
.Sandra's .home, .causing .extensive .damage .to .the .East .wall .and .roof. .During
.repairs, .the .contractor .discovers .that .the .wooden .foundation .for .the .porch .on
.the .West .side .of .Sandra's .home .is .completely .rotted .and .must .be .replaced.
.The .adjuster .determines .that .repairs .to .the .porch .will .not .be .covered .by .the
.claim. .Why .is .this? .- .CORRECT .ANSWER .-The .proximate .cause, .Sam's .car
.crashing .into .the .house, .was .not .responsible .for .the .foundation's .rot.
Rebecca .has .Collision .coverage .in .her .Personal .Auto .Policy. .After .a .collision,
.the .adjuster .determines .that .Rebecca's .car .is .totaled. .How .much .is .Rebecca
.likely .to .receive .from .her .insurer .(ignoring .the .deductible)? .- .CORRECT
.ANSWER .-The .actual .cash .value .of .her .vehicle
Which .of .the .following .is .TRUE .of .the .Stamp .and .Coin .Collection .Personal
.Articles .Floater .of .Inland .Marine .Insurance? .- .CORRECT .ANSWER .-Under
.blanket .coverage, .the .policy .will .only .pay .up .to .$1,000 .for .any .unscheduled
.coin .collection.
An .Inland .Marine .policy .could .cover .all .of .the .following, .EXCEPT: .- .CORRECT
.ANSWER .-a .ship.
In .a .Commercial .Auto .Policy, .Symbol .#8 .represents: .- .CORRECT .ANSWER .-
Hired .autos
Monique .has .been .appointed .to .manage .Gretta's .finances .because .the .court
.has .deemed .Gretta .to .be .incompetent. .Part .of .the .court-order .required .Monique
.to .secure .a .fiduciary .bond, .which .she .did .with .David .at .Sureties-R-Us. .David
.requires .that .Monique .submit .Gretta's .monthly .bank .statements .for .his .review
.per .the .terms .of .their .contract. .This .bond .arrangement .is .known .as: .-
.CORRECT .ANSWER .-Joint .Control.
Exam Questions and Answers A+
Graded
Which .of .the .following .is .NOT .an .example .of .an ."indirect .loss"? .- .CORRECT
.ANSWER .-During .a .fire, .the .fire .department .hoses .down .a .house .to .extinguish
.the .flames. .The .water .damage .that .results .is .an .indirect .loss.
When .the .settlement .difference .between .an .insurer .and .a .claimant .is .minor: .-
.CORRECT .ANSWER .-it .should .be .settled .in .favor .of .the .claimant.
Which .of .the .following .activities .is .a .speculative .risk? .- .CORRECT .ANSWER .-
Betting .on .a .horse .race
Which .of .the .following .provisions .is .NOT .included .in .the .Legal .Action .Against
.the .Insurer .clause .in .an .insurance .policy? .- .CORRECT .ANSWER .-The .insurer
.will .pay .to .defend .the .insured .in .a .lawsuit, .up .to .the .policy .limit.
Sara's .vehicle .was .stolen .and .her .insurer .paid .her .theft .claim .for .the .total .value
.of .the .car. .A .week .later, .the .police .found .Sara's .car .and .returned .it .to .her.
.Which .of .the .following .statements .is .true? .- .CORRECT .ANSWER .-The
.Recovered .Property .provision .states .that .Sara .must .notify .the .insurer .and
.either .return .the .settlement .payment .or .surrender .the .vehicle .to .the .insurer.
During .a .storm, .lightning .strikes .a .tree .in .Norman's .back .yard, .causing .it .to .fall
.on .his .house .and .damage .his .roof. .In .this .case, .Norman's .fallen .tree .is
.considered: .- .CORRECT .ANSWER .-a .direct .loss.
When .an .insurer .takes .no .action .upon .realizing .material .changes .in .a .contract,
.this .is .called: .- .CORRECT .ANSWER .-an .implied .waiver.
All .of .the .following .statements .are .true .of .liability .insurance, .EXCEPT: .-
.CORRECT .ANSWER .-Liability .insurance .provides .indemnification .for .the
.insured.
Robby .carpools .to .school .with .his .friends, .and .he .enjoys .racing .the .other .cars
.on .the .road .whenever .he .can. .His .Dad .lectures .him .about .the .dangers .of
.speeding, .but .Robby .thinks .his .Dad .is .overreacting. .He's .been .driving .for .two
.whole .years, .so .he .knows .what .he's .doing. .And .besides, .they .have .good
, .insurance, .so .it .wouldn't .be .that .big .of .a .deal .even .if .Robby .did .damage .his
.car. .In .insurance .terms, .Robby's .behavior .is: .- .CORRECT .ANSWER .-a .morale
.hazard.
Jack's .home .is .valued .at .$950,000. .How .much .insurance .does .he .need .to .carry
.on .his .home .in .order .to .be .fully .insured .under .a .typical .insurance .policy? .-
.CORRECT .ANSWER .-$760,000
Bryce's .business .has .a .commercial .liability .policy .with .a .per .occurrence .limit
.and .an .aggregate .limit. .The .limits .in .the .policy .are .$100,000/$200,000. .What
.does .this .mean? .- .CORRECT .ANSWER .-Bryce's .policy .will .pay .up .to .$100,000
.per .occurrence, .and .up .to .$200,000 .during .the .whole .policy .term.
After .a .fire .destroys .Gale's .kitchen, .she .files .a .claim .with .her .insurer .and .hires
.a .contractor. .The .contractor .estimates .it .will .take .$42,250 .to .repair .the .damage,
.but .the .adjuster .estimates .it .will .only .take .$38,340. .Which .of .the .following .is
.the .best .option .for .the .adjuster's .response .to .Gale's .claim? .- .CORRECT
.ANSWER .-Negotiate .a .settlement .amount .with .Gale.
Driving .home .after .a .14-hour .shift, .Sam .falls .asleep .at .the .wheel .and .plows .into
.Sandra's .home, .causing .extensive .damage .to .the .East .wall .and .roof. .During
.repairs, .the .contractor .discovers .that .the .wooden .foundation .for .the .porch .on
.the .West .side .of .Sandra's .home .is .completely .rotted .and .must .be .replaced.
.The .adjuster .determines .that .repairs .to .the .porch .will .not .be .covered .by .the
.claim. .Why .is .this? .- .CORRECT .ANSWER .-The .proximate .cause, .Sam's .car
.crashing .into .the .house, .was .not .responsible .for .the .foundation's .rot.
Rebecca .has .Collision .coverage .in .her .Personal .Auto .Policy. .After .a .collision,
.the .adjuster .determines .that .Rebecca's .car .is .totaled. .How .much .is .Rebecca
.likely .to .receive .from .her .insurer .(ignoring .the .deductible)? .- .CORRECT
.ANSWER .-The .actual .cash .value .of .her .vehicle
Which .of .the .following .is .TRUE .of .the .Stamp .and .Coin .Collection .Personal
.Articles .Floater .of .Inland .Marine .Insurance? .- .CORRECT .ANSWER .-Under
.blanket .coverage, .the .policy .will .only .pay .up .to .$1,000 .for .any .unscheduled
.coin .collection.
An .Inland .Marine .policy .could .cover .all .of .the .following, .EXCEPT: .- .CORRECT
.ANSWER .-a .ship.
In .a .Commercial .Auto .Policy, .Symbol .#8 .represents: .- .CORRECT .ANSWER .-
Hired .autos
Monique .has .been .appointed .to .manage .Gretta's .finances .because .the .court
.has .deemed .Gretta .to .be .incompetent. .Part .of .the .court-order .required .Monique
.to .secure .a .fiduciary .bond, .which .she .did .with .David .at .Sureties-R-Us. .David
.requires .that .Monique .submit .Gretta's .monthly .bank .statements .for .his .review
.per .the .terms .of .their .contract. .This .bond .arrangement .is .known .as: .-
.CORRECT .ANSWER .-Joint .Control.
