Page 1 of 76
New York Fire Adjuster Exam LATEST 2026-2027
QUESTIONS AND CORRECT VERIFIED ANSWERS
JUST RELEASED THIS YEAR
Question: Which of the following describes a moral hazard?
Faulty wiring
An arsonist applying for property insurance
Laziness and apathy
Twelve appliances plugged into one electrical outlet - CORRECT ANSWER✔✔An arsonist
applying for property insurance
Question: A weather report would be considered what type of evidence? - CORRECT
ANSWER✔✔Documentary
Question: What is the purpose of freight insurance? - CORRECT ANSWER✔✔Covers
shipper fees
1
SUCCESS!
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Question: What are the automatic perils covered under every dwelling policy form?
I. Fire.
II. Lightning.
III. Internal explosion.
IV. Flood. - CORRECT ANSWER✔✔I, II, and III only
Question: Which of the following is correct regarding the duties and responsibilities of the
insured
following a loss under a Homeowners policy?
The insured must prepare an inventory of the damaged property which includes the
dollar amount of its replacement cost.
Within 24 hours of the loss, the insured must notify the insurance company.
The insured must attempt to protect the property from further damage.
The insured must file a police report, regardless of the type of loss. - CORRECT ANSWER✔✔The
insured must attempt to protect the property from further damage
2
SUCCESS!
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Question: Mr. Jamison owns a summer home in the woods that he rents to others. During his
absence bears enter the home and do considerable damage. The insured reports the
claim to his insurance company. The adjuster advises Mr. Jamison to report the claim
as vandalism damage. The claim report is investigated by the insurance department.
How should the Department of Insurance treat this action on the part of the adjuster? -
CORRECT ANSWER✔✔Charge the adjuster with an unfair claims act
Question: The amount it would cost to repair or replace property minus depreciation is the
definition of: - CORRECT ANSWER✔✔Actual cash value
Question: An insured carries an unendorsed HO-2 policy. He has suffered a partial loss to his
dwelling and the authorities have advised him that the property cannot be repaired and
must be demolished. What will the insurer pay? - CORRECT ANSWER✔✔The cost of the value of
the damaged property plus 10%
Question: The deductible under a homeowner policy does not apply to which of the following?
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SUCCESS!
, Page 4 of 76
Liability coverage
Theft coverage
Glass coverage
Vandalism coverage - CORRECT ANSWER✔✔Liability coverage
Question: The Terrorism Risk Insurance Program Reauthorization Act of 2015 excludes all of
the
following, EXCEPT:
Commercial Auto
Farmowners
Commercial Property
Flood - CORRECT ANSWER✔✔Commercial Property
Question: An insured has purchased a personal watercraft policy with liability limits of
$300,000
and medical coverage in the amount of $5,000. The boat accidentally tips over and both
4
SUCCESS!
New York Fire Adjuster Exam LATEST 2026-2027
QUESTIONS AND CORRECT VERIFIED ANSWERS
JUST RELEASED THIS YEAR
Question: Which of the following describes a moral hazard?
Faulty wiring
An arsonist applying for property insurance
Laziness and apathy
Twelve appliances plugged into one electrical outlet - CORRECT ANSWER✔✔An arsonist
applying for property insurance
Question: A weather report would be considered what type of evidence? - CORRECT
ANSWER✔✔Documentary
Question: What is the purpose of freight insurance? - CORRECT ANSWER✔✔Covers
shipper fees
1
SUCCESS!
,Page 2 of 76
Question: What are the automatic perils covered under every dwelling policy form?
I. Fire.
II. Lightning.
III. Internal explosion.
IV. Flood. - CORRECT ANSWER✔✔I, II, and III only
Question: Which of the following is correct regarding the duties and responsibilities of the
insured
following a loss under a Homeowners policy?
The insured must prepare an inventory of the damaged property which includes the
dollar amount of its replacement cost.
Within 24 hours of the loss, the insured must notify the insurance company.
The insured must attempt to protect the property from further damage.
The insured must file a police report, regardless of the type of loss. - CORRECT ANSWER✔✔The
insured must attempt to protect the property from further damage
2
SUCCESS!
,Page 3 of 76
Question: Mr. Jamison owns a summer home in the woods that he rents to others. During his
absence bears enter the home and do considerable damage. The insured reports the
claim to his insurance company. The adjuster advises Mr. Jamison to report the claim
as vandalism damage. The claim report is investigated by the insurance department.
How should the Department of Insurance treat this action on the part of the adjuster? -
CORRECT ANSWER✔✔Charge the adjuster with an unfair claims act
Question: The amount it would cost to repair or replace property minus depreciation is the
definition of: - CORRECT ANSWER✔✔Actual cash value
Question: An insured carries an unendorsed HO-2 policy. He has suffered a partial loss to his
dwelling and the authorities have advised him that the property cannot be repaired and
must be demolished. What will the insurer pay? - CORRECT ANSWER✔✔The cost of the value of
the damaged property plus 10%
Question: The deductible under a homeowner policy does not apply to which of the following?
3
SUCCESS!
, Page 4 of 76
Liability coverage
Theft coverage
Glass coverage
Vandalism coverage - CORRECT ANSWER✔✔Liability coverage
Question: The Terrorism Risk Insurance Program Reauthorization Act of 2015 excludes all of
the
following, EXCEPT:
Commercial Auto
Farmowners
Commercial Property
Flood - CORRECT ANSWER✔✔Commercial Property
Question: An insured has purchased a personal watercraft policy with liability limits of
$300,000
and medical coverage in the amount of $5,000. The boat accidentally tips over and both
4
SUCCESS!
