Texas Adjuster Exam QUESTIONS &
ANSWERS SOLUTION 2026 COMPLETE
EXAM | 100% CORRECT
If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage
that would be paid in a covered loss where three people are involved. - CORRECT ANSWERS
$30,000
Which of the following statements best describes an inland marine policy? - CORRECT ANSWERS
Pertains to Cargo with no fixed location
Alex is traveling through College Station and hits a deer, and the damages are $1500. He has
comprehensive coverage with a $500 deductible. What will you pay? - CORRECT ANSWERS
$1000
This department is responsible for making rates and determines the rates charged by the insurer -
CORRECT ANSWERS Actuarial department
Johnny has 30/60/25 limits on his auto policy, and he negligently ran into a parked car driven by Steve
Garcia. What is the maximum amount of coverage that can be provided for the damage to Steve's car? -
CORRECT ANSWERS 25,000
Your customer has HO-B homeowners policy with a Coverage A limit os $300,000. His mortgage
payment is $1,400 per month. He can't stay in his home for 1 month due to a claim that was caused by
smoke. He is staying in a local hotel for 1 month. The cost of the hotel is $900 for the moth. How much
will you pay your policyholder for Additional Living Expenses - CORRECT ANSWERS $900
Insurance for ocean vessels is the ______ type of insurance? - CORRECT ANSWERS oldest
, Your insured has a homeowners policy with a Coverage A limit of $50,000, His coverage B limit is
$20,000. His deductible is 1%. He has 30 trees that are damaged during the fire. How much are you
going to pay on his claim? - CORRECT ANSWERS 2500
If you have a covered loss, in excess of a limit, you can apply that excess towards the deductible. This
best describes? - CORRECT ANSWERS Absorbing the deductible
What type of contract exists when the insurance policy is valid even though there is an unequal
exchange? - CORRECT ANSWERS Aleatory Contract
What is the intentional or unintentional impression by the insurance company that a certain fact exists
when it does not? - CORRECT ANSWERS Estoppel
An event that results in an insured loss / damages. - CORRECT ANSWERS Occurrence
Joseph ross owns a 2014 Toyota Avalon. while at the mall shopping, someone hit his car and left a big
dent on the right side of his car. He does not know who hit his car, and there are no witnesses to this
accident. What type of insurance protection does he need to protect him from financial loss in this
situation - CORRECT ANSWERS Comprehensive
Morris has a Texas Dwelling policy on his property. His property burns down in a fire. He claims that he
has also sustained a financial loss because he is not able to rent the property to his tenants. What can
you tell him? - CORRECT ANSWERS He has coverage for loss of fair Rental Value
Method of dispute resolution that occurs when there is a dispute regarding whether or not something is
covered under the policy - CORRECT ANSWERS Arbitration
A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The only way the
customer will have a successful claim against John's insurance is? - CORRECT ANSWERS John
must be found legally liable for the incident
ANSWERS SOLUTION 2026 COMPLETE
EXAM | 100% CORRECT
If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage
that would be paid in a covered loss where three people are involved. - CORRECT ANSWERS
$30,000
Which of the following statements best describes an inland marine policy? - CORRECT ANSWERS
Pertains to Cargo with no fixed location
Alex is traveling through College Station and hits a deer, and the damages are $1500. He has
comprehensive coverage with a $500 deductible. What will you pay? - CORRECT ANSWERS
$1000
This department is responsible for making rates and determines the rates charged by the insurer -
CORRECT ANSWERS Actuarial department
Johnny has 30/60/25 limits on his auto policy, and he negligently ran into a parked car driven by Steve
Garcia. What is the maximum amount of coverage that can be provided for the damage to Steve's car? -
CORRECT ANSWERS 25,000
Your customer has HO-B homeowners policy with a Coverage A limit os $300,000. His mortgage
payment is $1,400 per month. He can't stay in his home for 1 month due to a claim that was caused by
smoke. He is staying in a local hotel for 1 month. The cost of the hotel is $900 for the moth. How much
will you pay your policyholder for Additional Living Expenses - CORRECT ANSWERS $900
Insurance for ocean vessels is the ______ type of insurance? - CORRECT ANSWERS oldest
, Your insured has a homeowners policy with a Coverage A limit of $50,000, His coverage B limit is
$20,000. His deductible is 1%. He has 30 trees that are damaged during the fire. How much are you
going to pay on his claim? - CORRECT ANSWERS 2500
If you have a covered loss, in excess of a limit, you can apply that excess towards the deductible. This
best describes? - CORRECT ANSWERS Absorbing the deductible
What type of contract exists when the insurance policy is valid even though there is an unequal
exchange? - CORRECT ANSWERS Aleatory Contract
What is the intentional or unintentional impression by the insurance company that a certain fact exists
when it does not? - CORRECT ANSWERS Estoppel
An event that results in an insured loss / damages. - CORRECT ANSWERS Occurrence
Joseph ross owns a 2014 Toyota Avalon. while at the mall shopping, someone hit his car and left a big
dent on the right side of his car. He does not know who hit his car, and there are no witnesses to this
accident. What type of insurance protection does he need to protect him from financial loss in this
situation - CORRECT ANSWERS Comprehensive
Morris has a Texas Dwelling policy on his property. His property burns down in a fire. He claims that he
has also sustained a financial loss because he is not able to rent the property to his tenants. What can
you tell him? - CORRECT ANSWERS He has coverage for loss of fair Rental Value
Method of dispute resolution that occurs when there is a dispute regarding whether or not something is
covered under the policy - CORRECT ANSWERS Arbitration
A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The only way the
customer will have a successful claim against John's insurance is? - CORRECT ANSWERS John
must be found legally liable for the incident
