1|Page
NC ADJUSTER LICENSE EXAM LATEST 2026-2027 ACTUAL EXAM
WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
Sam and Dan are working to clean out the gutters around the roof
on Sam's house. Sam and Dan are standing at the top of
separate ladders that are propped against the side of Sam's
house, when Dan's ladder begins to wobble and ultimately falls
into Sam's ladder. Both men and their ladders crash to the
ground. Whose injuries will be covered by Sam's Homeowners
policy under Coverage E - Personal Liability? - ANSWER-Only
Dan's injuries would be covered
Torts that can be covered by insurance policies include all of the
following, EXCEPT: - ANSWER-Intentional torts purposely
committed to cause harm to another.
The insured has a $1,000,000 personal umbrella policy with a
$5,000 retention limit. For a $7,000 liability loss not covered under
the insured's personal auto policy, but covered under the umbrella
policy, the insurance company would pay: - ANSWER-$2,000
,2|Page
All of the following is considered an "insured" under a CGL policy,
EXCEPT: - ANSWER-Lawyers of the named insured
What specific type of liability policy gives an owner protection
against liability claims arising out of the acts of its independent
contractors? - ANSWER-Owners and Contractors Protective
Liability Policy.
Which of the following would be eligible for coverage under a
Businessowners policy? - ANSWER-A small retail store
Which of the following is NOT a correct statement in determining
the cost of a "comparable automobile" when a physical damage
loss has a occurred? - ANSWER-The cost of a comparable
automobile as determined by a computerized automobile
valuation service that produces statistically valid fair market
values within the United States market
All of the following statements are TRUE of North Carolina
automobile liability policies, EXCEPT - ANSWER-If the insured
carries limits greater than the minimum financial responsibility
,3|Page
limits required by state law, they are not required to carry
Uninsured/Underinsured Motorists coverage.
The basic limit for Coverage F -- Medical Payments of the
standard Homeowners forms is: - ANSWER-$1,000 per person
Oliver Dogwood was in an auto accident which destroyed his car.
While investigating the accident, Adjuster Doright found that Mr.
Dogwood paid $1,000 for the vehicle. After checking with others
he found the same vehicle with an asking price of $1,700, a retail
price of $2,150 and a dealer price of $1,750. What amount will Mr.
Dogwood receive? - ANSWER-$2,150
When a claims representative is collecting information from a
third-party claimant, which of the following is the information that
should be obtained first? - ANSWER-The nature and extent of the
injuries or property damage claimed.
The Business Auto uses Symbol 7 to cover "specifically described
autos" identified in the declarations. An auto acquired during the
policy period will only be covered: - ANSWER-If the insured
, 4|Page
insures all of their vehicles with the company or it replaces a
covered auto..
What coverage under the BOP automatically applies if a customer
slips and falls on the named insured's premises, regardless of
legal liability? - ANSWER-Medical expense coverage
When an insurer is called upon to defend a suit under a CGL
policy, the amount that can be paid for the defense costs is: -
ANSWER-Not limited
Any North Carolina lender in making or servicing real estate
mortgage or deed of trust loans on one to four family residences
must accept a binder as proof of insurance. The binder presented
to the lender must include all of the following, EXCEPT -
ANSWER-A sworn statement that the insurance will be kept in
force.
Which of the following statements is TRUE concerning Part A -
Liability coverage on a standard Personal Automobile policy? -
NC ADJUSTER LICENSE EXAM LATEST 2026-2027 ACTUAL EXAM
WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
Sam and Dan are working to clean out the gutters around the roof
on Sam's house. Sam and Dan are standing at the top of
separate ladders that are propped against the side of Sam's
house, when Dan's ladder begins to wobble and ultimately falls
into Sam's ladder. Both men and their ladders crash to the
ground. Whose injuries will be covered by Sam's Homeowners
policy under Coverage E - Personal Liability? - ANSWER-Only
Dan's injuries would be covered
Torts that can be covered by insurance policies include all of the
following, EXCEPT: - ANSWER-Intentional torts purposely
committed to cause harm to another.
The insured has a $1,000,000 personal umbrella policy with a
$5,000 retention limit. For a $7,000 liability loss not covered under
the insured's personal auto policy, but covered under the umbrella
policy, the insurance company would pay: - ANSWER-$2,000
,2|Page
All of the following is considered an "insured" under a CGL policy,
EXCEPT: - ANSWER-Lawyers of the named insured
What specific type of liability policy gives an owner protection
against liability claims arising out of the acts of its independent
contractors? - ANSWER-Owners and Contractors Protective
Liability Policy.
Which of the following would be eligible for coverage under a
Businessowners policy? - ANSWER-A small retail store
Which of the following is NOT a correct statement in determining
the cost of a "comparable automobile" when a physical damage
loss has a occurred? - ANSWER-The cost of a comparable
automobile as determined by a computerized automobile
valuation service that produces statistically valid fair market
values within the United States market
All of the following statements are TRUE of North Carolina
automobile liability policies, EXCEPT - ANSWER-If the insured
carries limits greater than the minimum financial responsibility
,3|Page
limits required by state law, they are not required to carry
Uninsured/Underinsured Motorists coverage.
The basic limit for Coverage F -- Medical Payments of the
standard Homeowners forms is: - ANSWER-$1,000 per person
Oliver Dogwood was in an auto accident which destroyed his car.
While investigating the accident, Adjuster Doright found that Mr.
Dogwood paid $1,000 for the vehicle. After checking with others
he found the same vehicle with an asking price of $1,700, a retail
price of $2,150 and a dealer price of $1,750. What amount will Mr.
Dogwood receive? - ANSWER-$2,150
When a claims representative is collecting information from a
third-party claimant, which of the following is the information that
should be obtained first? - ANSWER-The nature and extent of the
injuries or property damage claimed.
The Business Auto uses Symbol 7 to cover "specifically described
autos" identified in the declarations. An auto acquired during the
policy period will only be covered: - ANSWER-If the insured
, 4|Page
insures all of their vehicles with the company or it replaces a
covered auto..
What coverage under the BOP automatically applies if a customer
slips and falls on the named insured's premises, regardless of
legal liability? - ANSWER-Medical expense coverage
When an insurer is called upon to defend a suit under a CGL
policy, the amount that can be paid for the defense costs is: -
ANSWER-Not limited
Any North Carolina lender in making or servicing real estate
mortgage or deed of trust loans on one to four family residences
must accept a binder as proof of insurance. The binder presented
to the lender must include all of the following, EXCEPT -
ANSWER-A sworn statement that the insurance will be kept in
force.
Which of the following statements is TRUE concerning Part A -
Liability coverage on a standard Personal Automobile policy? -
