FLORIDA CLAIMS ADJUSTER EXAM 206 EXAM
PREPARATION PACK 2026 KEY CONCEPTS
AND REVISION NOTES
◉ Which of the following is not one of the rating factors for a
Homeowner's Policy.
Answer: Age & Gender of Insured
◉ On a Homeowner's Policy, covers items that are not permanently
attached to the dwelling. This is defined as.
Answer: Other Structures
Examples include sheds, fences, pool houses, detached car ports, etc.
◉ A lender has an insurable interest in a home and finds protection
in the:.
Answer: Mortgagee Clause
Mortgagee - Homeowner's policy
Loss Payee - Automobile policy
◉ Which of the following forms is "all-risk" on the dwelling policy?.
,Answer: DP-3, or the Special Form
◉ When the basic liability limits provided by the policy are
insufficient for an insureds needs, two coverage forms are used to
provide the additional amounts of coverage:
A. Excess Liability
B. Umbrella
C. Both A & B
D. None of the Above.
Answer: Both A & B
◉ Which of the following is not covered under Coverage C, Personal
Property?
A. A fire breaks out in the residence and an overnight guest loses his
clothes in the fire
B. A fish dies because he has been left alone for a week without food
C. The insureds daughters tennis racket is stolen from her locker
D. The insureds suitcase and clothing, valued at $1,500, are stolen
from his hotel.
Answer: B. A fish dies because he has been left alone for a week
without food
,Animals are listed as an "exclusion" under a Homeowner's policy.
◉ All of the following are eligible for a Homeowner's Policy, except?
A. An apartment tenant
B. A condominium owner
C. Four-family dwelling owner-occupant
D. A business condo owned by a local insurance company.
Answer: D. A business condo owned by a local insurance company
Commercial property is not eligible for a Homeowner's policy.
◉ Which of the following are characteristics of Homeowner's
Insurance?
A. Protects against economic loss to residences and household
property and legal liabilities
B. Owner-occupants of 1-4 family dwellings
C. Renters who maintain residential occupancy in any type of
building
D. All of the Above.
Answer: D. All of the Above
, Also included: personal, non-business risk, no more than 2
roomers/boarders, condominium unit owners and cooperative
apartment occupants
◉ Jeremy owns a home that is recently damaged due to a hurricane.
The repair estimate is averaged at $25,000 and Jeremy decides to
stay in a hotel because most of the damage is to his bedroom and
kitchen. Under a Homeowner's Policy, what coverage will pay for the
hotel room bill?
A. Fair Rental Value
B. Value Obligation
C. Loss of Use
D. Insurers Duties.
Answer: C. Loss of Use
The insurer will pay any necessary and reasonable expenses
associated with a daily living routine.
◉ An insured who wishes to purchase flood insurance, but is located
in a moderate or low risk flood zone may do so by purchasing a:.
Answer: Preferred Risk Flood Policy
PREPARATION PACK 2026 KEY CONCEPTS
AND REVISION NOTES
◉ Which of the following is not one of the rating factors for a
Homeowner's Policy.
Answer: Age & Gender of Insured
◉ On a Homeowner's Policy, covers items that are not permanently
attached to the dwelling. This is defined as.
Answer: Other Structures
Examples include sheds, fences, pool houses, detached car ports, etc.
◉ A lender has an insurable interest in a home and finds protection
in the:.
Answer: Mortgagee Clause
Mortgagee - Homeowner's policy
Loss Payee - Automobile policy
◉ Which of the following forms is "all-risk" on the dwelling policy?.
,Answer: DP-3, or the Special Form
◉ When the basic liability limits provided by the policy are
insufficient for an insureds needs, two coverage forms are used to
provide the additional amounts of coverage:
A. Excess Liability
B. Umbrella
C. Both A & B
D. None of the Above.
Answer: Both A & B
◉ Which of the following is not covered under Coverage C, Personal
Property?
A. A fire breaks out in the residence and an overnight guest loses his
clothes in the fire
B. A fish dies because he has been left alone for a week without food
C. The insureds daughters tennis racket is stolen from her locker
D. The insureds suitcase and clothing, valued at $1,500, are stolen
from his hotel.
Answer: B. A fish dies because he has been left alone for a week
without food
,Animals are listed as an "exclusion" under a Homeowner's policy.
◉ All of the following are eligible for a Homeowner's Policy, except?
A. An apartment tenant
B. A condominium owner
C. Four-family dwelling owner-occupant
D. A business condo owned by a local insurance company.
Answer: D. A business condo owned by a local insurance company
Commercial property is not eligible for a Homeowner's policy.
◉ Which of the following are characteristics of Homeowner's
Insurance?
A. Protects against economic loss to residences and household
property and legal liabilities
B. Owner-occupants of 1-4 family dwellings
C. Renters who maintain residential occupancy in any type of
building
D. All of the Above.
Answer: D. All of the Above
, Also included: personal, non-business risk, no more than 2
roomers/boarders, condominium unit owners and cooperative
apartment occupants
◉ Jeremy owns a home that is recently damaged due to a hurricane.
The repair estimate is averaged at $25,000 and Jeremy decides to
stay in a hotel because most of the damage is to his bedroom and
kitchen. Under a Homeowner's Policy, what coverage will pay for the
hotel room bill?
A. Fair Rental Value
B. Value Obligation
C. Loss of Use
D. Insurers Duties.
Answer: C. Loss of Use
The insurer will pay any necessary and reasonable expenses
associated with a daily living routine.
◉ An insured who wishes to purchase flood insurance, but is located
in a moderate or low risk flood zone may do so by purchasing a:.
Answer: Preferred Risk Flood Policy
