GA CLAIMS ADJUSTER LICENSING EXAM 2025 /2026 TEST
BANK ACTUAL TEST AND A NEW UPDATED STUDY GUIDE
COMPLETE ACCURATE QUESTIONS WITH WELL
ELABORATED ANSWERS (CORRECT VERIFIED ANSWERS)
|ALREADY GRADED A+
What kind of property is not covered by flood insurance?
Answer- Basements and underground structure (ex. septic
tanks), animals, money/accounts/bills, land, anything else
covered by other policies (motor vehicles, aircraft, watercraft)
Loss Valuation on flood insurance
Answer- (amount of insurance purchased/80% Dwellings Total
replacement cost) x Loss Amount
Standard deductible on flood insurance
Answer- $1K for Dwelling and $1K for Content
Personal Inland Marine Insurance
,Answer- Floaters or policies for world-wide coverage of
personal property on an open-peril basis.
Is flood excluded from Personal Inland Marine Insurance?
Answer- NOPE. It's covered!
What are the floaters available on Personal Inland Marine
Insurance?
Answer- Personal Articles Floaters, Personal Property Floaters,
and Personal Effects Floaters
What perils are covered under Personal Inland Marine Insurance
floaters?
Answer- all; open-peril
,Which PIMI floater would be appropriate for a diamond ring?
Why?
Answer- Personal Articles Floater - itemizes valuables such as
jewelry and furs
What is a Personal Effects Floater good for? What deductible
does it have?
Answer- world-wide open peril coverage of personal property
for people who are traveling - luggage, sports equipment,
clothes, and camera. NO DEDUCTIBLE.
What is a Personal Property Floater good for? What kind of
limit do they have?
Answer- World-wide open peril coverage of personal property -
usually for special occasions like weddings or exhibitions. There
is a blanket limit!
, Does personal inland marine insurance cover flood?
Answer- Yes. Somehow.
All of the following coverage is available under a Standard
Flood Insurance Policy issued by the National Flood Insurance
Program except:
a. Loss of Use
b. Dwelling
c. Personal Property
d. Removal
answer- A. Loss of Use
The maximum number of days that a Standard Flood Insurance
Policy will cover property removed is:
a. 15 days
b. 20 days
c. 30 days
BANK ACTUAL TEST AND A NEW UPDATED STUDY GUIDE
COMPLETE ACCURATE QUESTIONS WITH WELL
ELABORATED ANSWERS (CORRECT VERIFIED ANSWERS)
|ALREADY GRADED A+
What kind of property is not covered by flood insurance?
Answer- Basements and underground structure (ex. septic
tanks), animals, money/accounts/bills, land, anything else
covered by other policies (motor vehicles, aircraft, watercraft)
Loss Valuation on flood insurance
Answer- (amount of insurance purchased/80% Dwellings Total
replacement cost) x Loss Amount
Standard deductible on flood insurance
Answer- $1K for Dwelling and $1K for Content
Personal Inland Marine Insurance
,Answer- Floaters or policies for world-wide coverage of
personal property on an open-peril basis.
Is flood excluded from Personal Inland Marine Insurance?
Answer- NOPE. It's covered!
What are the floaters available on Personal Inland Marine
Insurance?
Answer- Personal Articles Floaters, Personal Property Floaters,
and Personal Effects Floaters
What perils are covered under Personal Inland Marine Insurance
floaters?
Answer- all; open-peril
,Which PIMI floater would be appropriate for a diamond ring?
Why?
Answer- Personal Articles Floater - itemizes valuables such as
jewelry and furs
What is a Personal Effects Floater good for? What deductible
does it have?
Answer- world-wide open peril coverage of personal property
for people who are traveling - luggage, sports equipment,
clothes, and camera. NO DEDUCTIBLE.
What is a Personal Property Floater good for? What kind of
limit do they have?
Answer- World-wide open peril coverage of personal property -
usually for special occasions like weddings or exhibitions. There
is a blanket limit!
, Does personal inland marine insurance cover flood?
Answer- Yes. Somehow.
All of the following coverage is available under a Standard
Flood Insurance Policy issued by the National Flood Insurance
Program except:
a. Loss of Use
b. Dwelling
c. Personal Property
d. Removal
answer- A. Loss of Use
The maximum number of days that a Standard Flood Insurance
Policy will cover property removed is:
a. 15 days
b. 20 days
c. 30 days
