New York State General Adjuster Exam (17-70) – 799+
Real Exam Questions & Verified Answers | NY Adjuster
License Prep, Business Auto, BOP, Workers Comp,
Property & Casualty, Commercial Lines & Insurance Law.
An employee has been asked to use his own personal vehicle to perform certain tasks on behalf
of his employer. What coverage is used under the business auto policy to protect the employer
for lawsuits when the employee has an accident that causes legal action against the employer?
Employers non-ownership coverage. This coverage protects the employer and not the
employee. The employee is covered under his own PAP policy.
Replacement cost coverage is best defined as:
Replacement without deduction for depreciation.With replacement cost coverage, the insured
is permitted to replace old with new at today's cost without a deduction for depreciation.
Which of the following would be considered a "supplementary payment" coverage under a
business auto policy? 1)All post-judgment interest in a suit defended by the insurer 2)Payment
for an insured employee's truck being used by the employee on a business-related trip 3)Costs
for a private investigator hired by an employee to prove he was not involved in a hit and run
accident of which he has been accused 4)Up to $2,000 for the cost of bail bonds for an
employee involved in an accident while he was on a trip to Mexico that he won for exceeding
sales goals set by the company
1) All post-judgment interest in a suit defended by the insurer.
Supplementary payments do not include physical damages, nor personal expenses of
employees. The bail bonds would be covered except that Mexico is outside the coverage area.
Which of the following professional liability policies would cover a dishonest, fraudulent or
criminal act of the manager of a LLC?
1)Fiduciary Liability
2)Malpractice Liability
3)Errors and Omissions
4)None of the policies cover these acts
4) None of the policies cover these acts.
,When securing a recorded statement over the telephone, an adjuster must:
1 Identify him or herself.
2 Advise he or she would like to record the statement and request and receive permission to do
so.
3 State the time and date.
4 All responses listed are correct.
4 All responses listed are correct. The adjuster must identify him or herself, state the date and
time and get permission to record the statement.
Uninsured Motorist coverage includes the named insured's:
I. Medical bills and pain and suffering.
II. Lost wages.
Both I and II is correct.
Coverage C (Uninsured Motorists) provides for payments to or on behalf of the named insured
for injuries sustained through the negligence of an uninsured driver.
Substitute services will provide:
$25 per day for one year.
Basic economic loss benefits will provide up to $25 per day for substitute services for a
maximum of one year if the injured party is not gainfully employed.
Which of the following is not a violation of the Unfair Trade Practices Act?
1 Not attempting in good faith to settle claims
2 Denying an uncovered claim
3 Failing to promptly settle claims under one portion of coverage in order to influence
settlements under other portions of coverage
4 Not setting forth the coverage under which a claim payment is being made
Denying a claim that is not covered is not a violation.
In case of a total loss in an automobile accident, the adjuster can do the insured which of the
following?
I. Pay cost to replace the vehicle with like kind and quality if the vehicle is a current year model.
II. Use the most recent publication of an "Official Used Car Guide."
III. If not listed in the "Guide," obtain quotations from local automobile dealers.
I, II and III depending on the circumstances
All the responses listed can be options in settling a total loss claim.
,Personal umbrella liability policies usually cover liability as a result of:
1 Performing a professional service.
2 Serving as an officer or director of a nonprofit corporation or association.
3 For a work related activity
4 None of the activities are covered
2 Serving as an officer or director of a nonprofit corporation or association..
Coverage is included while serving as an officer or director of a nonprofit corporation or
association.
The Now Company carries a special BOP policy with a liability limit of $500,000. The company is
involved in an accident causing $200,000 bodily injury damage and $200,000 property damage.
The total amount collectible under the policy is:
1 $500,000
2 $400,000
3 $200,000
4 $100,000
2 $400,000
BOP policies provide a single limit of liability. Both bodily injury and property damage coverage
is provided. Since the amounts for bodily injury and property damage combined do not exceed
the 500,000 occurrence limit, the total amount of the claim would be covered.
A tram, tape and centering gauges are being used to quick reference a unibody vehicle.
Technician A says the tram gauge is used to determine vehicle centerline. Technician B says that
centering gauges should be used to determine vehicle centerline. Who is right?
1 Technician A only
2 Technician B only
3 Both technicians are correct
4 Neither technician is correct
2 Technician B only
Technician B is correct. Centering gauges use centering pins to locate centerline. A tram is used
to make point-to-point measurements.
The maximum payable for damage or loss to signs attached to the building covered under a BOP
is:
1 $2500
, 2 The building limit since it's attached to the building
3 $1000
4 $5000
3 The correct answer is: $1000.
Damage or loss to a sign attached to the building is limited to $1000 even though it is attached
to the building and considered part of the building.
Which of the following basic workers compensation benefits compensates a widow or other
dependent family members of an employee whose death results from a work-related injury?
1 Disability income benefits
2 Medical benefits
3 Survivor benefits
4 Rehabilitation benefits
3 Survivor benefits
Survivor benefits compensate a widow or other dependent family members.
Lawful economic interest in the preservation of the subject of insurance, free from loss or
destruction or monetary impairment is the definition of:
1 Insurable Interest
2 Right of Ownership
3 An Amendatory Endorsement
4 Contractual Obligation
1 Insurable Interest
This is the definition of insurable interest. In property and casualty insurance, insurable interest
must exist at the time of the loss.
In a property loss the insured is required to do all of the following, EXCEPT:
Repair the property within 20 days of notifying the insurer.
The insured should not repair the property until agreed upon by the insurer.
The prefix "neo" refers to:
1 Old.
2 New.
3 Flat.
4 After.
Real Exam Questions & Verified Answers | NY Adjuster
License Prep, Business Auto, BOP, Workers Comp,
Property & Casualty, Commercial Lines & Insurance Law.
An employee has been asked to use his own personal vehicle to perform certain tasks on behalf
of his employer. What coverage is used under the business auto policy to protect the employer
for lawsuits when the employee has an accident that causes legal action against the employer?
Employers non-ownership coverage. This coverage protects the employer and not the
employee. The employee is covered under his own PAP policy.
Replacement cost coverage is best defined as:
Replacement without deduction for depreciation.With replacement cost coverage, the insured
is permitted to replace old with new at today's cost without a deduction for depreciation.
Which of the following would be considered a "supplementary payment" coverage under a
business auto policy? 1)All post-judgment interest in a suit defended by the insurer 2)Payment
for an insured employee's truck being used by the employee on a business-related trip 3)Costs
for a private investigator hired by an employee to prove he was not involved in a hit and run
accident of which he has been accused 4)Up to $2,000 for the cost of bail bonds for an
employee involved in an accident while he was on a trip to Mexico that he won for exceeding
sales goals set by the company
1) All post-judgment interest in a suit defended by the insurer.
Supplementary payments do not include physical damages, nor personal expenses of
employees. The bail bonds would be covered except that Mexico is outside the coverage area.
Which of the following professional liability policies would cover a dishonest, fraudulent or
criminal act of the manager of a LLC?
1)Fiduciary Liability
2)Malpractice Liability
3)Errors and Omissions
4)None of the policies cover these acts
4) None of the policies cover these acts.
,When securing a recorded statement over the telephone, an adjuster must:
1 Identify him or herself.
2 Advise he or she would like to record the statement and request and receive permission to do
so.
3 State the time and date.
4 All responses listed are correct.
4 All responses listed are correct. The adjuster must identify him or herself, state the date and
time and get permission to record the statement.
Uninsured Motorist coverage includes the named insured's:
I. Medical bills and pain and suffering.
II. Lost wages.
Both I and II is correct.
Coverage C (Uninsured Motorists) provides for payments to or on behalf of the named insured
for injuries sustained through the negligence of an uninsured driver.
Substitute services will provide:
$25 per day for one year.
Basic economic loss benefits will provide up to $25 per day for substitute services for a
maximum of one year if the injured party is not gainfully employed.
Which of the following is not a violation of the Unfair Trade Practices Act?
1 Not attempting in good faith to settle claims
2 Denying an uncovered claim
3 Failing to promptly settle claims under one portion of coverage in order to influence
settlements under other portions of coverage
4 Not setting forth the coverage under which a claim payment is being made
Denying a claim that is not covered is not a violation.
In case of a total loss in an automobile accident, the adjuster can do the insured which of the
following?
I. Pay cost to replace the vehicle with like kind and quality if the vehicle is a current year model.
II. Use the most recent publication of an "Official Used Car Guide."
III. If not listed in the "Guide," obtain quotations from local automobile dealers.
I, II and III depending on the circumstances
All the responses listed can be options in settling a total loss claim.
,Personal umbrella liability policies usually cover liability as a result of:
1 Performing a professional service.
2 Serving as an officer or director of a nonprofit corporation or association.
3 For a work related activity
4 None of the activities are covered
2 Serving as an officer or director of a nonprofit corporation or association..
Coverage is included while serving as an officer or director of a nonprofit corporation or
association.
The Now Company carries a special BOP policy with a liability limit of $500,000. The company is
involved in an accident causing $200,000 bodily injury damage and $200,000 property damage.
The total amount collectible under the policy is:
1 $500,000
2 $400,000
3 $200,000
4 $100,000
2 $400,000
BOP policies provide a single limit of liability. Both bodily injury and property damage coverage
is provided. Since the amounts for bodily injury and property damage combined do not exceed
the 500,000 occurrence limit, the total amount of the claim would be covered.
A tram, tape and centering gauges are being used to quick reference a unibody vehicle.
Technician A says the tram gauge is used to determine vehicle centerline. Technician B says that
centering gauges should be used to determine vehicle centerline. Who is right?
1 Technician A only
2 Technician B only
3 Both technicians are correct
4 Neither technician is correct
2 Technician B only
Technician B is correct. Centering gauges use centering pins to locate centerline. A tram is used
to make point-to-point measurements.
The maximum payable for damage or loss to signs attached to the building covered under a BOP
is:
1 $2500
, 2 The building limit since it's attached to the building
3 $1000
4 $5000
3 The correct answer is: $1000.
Damage or loss to a sign attached to the building is limited to $1000 even though it is attached
to the building and considered part of the building.
Which of the following basic workers compensation benefits compensates a widow or other
dependent family members of an employee whose death results from a work-related injury?
1 Disability income benefits
2 Medical benefits
3 Survivor benefits
4 Rehabilitation benefits
3 Survivor benefits
Survivor benefits compensate a widow or other dependent family members.
Lawful economic interest in the preservation of the subject of insurance, free from loss or
destruction or monetary impairment is the definition of:
1 Insurable Interest
2 Right of Ownership
3 An Amendatory Endorsement
4 Contractual Obligation
1 Insurable Interest
This is the definition of insurable interest. In property and casualty insurance, insurable interest
must exist at the time of the loss.
In a property loss the insured is required to do all of the following, EXCEPT:
Repair the property within 20 days of notifying the insurer.
The insured should not repair the property until agreed upon by the insurer.
The prefix "neo" refers to:
1 Old.
2 New.
3 Flat.
4 After.
