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CLAIMS ADJUSTER EXAM LATEST TEST BANK WITH
450 QUESTIONS AND CORRECT VERIFIED
ANSWERS/ FL CLAIMS ADJUSTERS TEST 2025/ FL
GENERAL ADJUSTER
Frank owned a home that was destroyed by a hurricane.
Both ABC and XYZ Banks were listed as additional
interests on his homeowner policy. The insurance
company will make a payment to:
A. The first mortgagee, ABC
B. The Insured
C. Jointly to ABC and XYZ
D. All listed interests - ...ANSWER...✓✓D. All listed
interests
Remember that the insurer is not responsible to know the
degrees of interest. In the event of a loss, one payment is
made by the insurer and it is up to the additional interests
on working out their share.
Insurance applies separately to each insured as if other
insureds did not exist. This is defined as:
A. Severability
B. Conditional
C. Warranty
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D. None of the above - ...ANSWER...✓✓A. Severability
Property insurance policies usually contain a(n)
__________ clause, stating the insured cannot dump
damaged property on the insurer and demand its full
value:
A. Pro Rata
B. Abandonment
C. Liberalization
D. All of the above - ...ANSWER...✓✓B. Abandonment
A(n) __________ is one wherein economic loss would be
suffered from an adverse happening to the subject:
A. Conditional Contract
B. Personal Contract
C. Economic Contract
D. Insurable Interest - ...ANSWER...✓✓D. Insurable
Interest
States that if the insurer adopts a revision which would
broaden coverage without additional premium within
some period of time prior to the policy period or during
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the policy period, the insured receives the benefit of such
broadened coverage.
A. Cancellation Clause
B. Policy Period
C. Pro Rata
D. Liberalization - ...ANSWER...✓✓D. Liberalization
The time frame is typically 60 days.
The __________ states that when there is an unbroken
connection between an occurrence and damage that
grows out of the occurrence, then the resultant damage
is all a part of the occurrence.
A. Doctrine of Proximate Cause
B. Doctrine of Perils & Hazards
C. Insurance Policy Handbook
D. Doctrine of Property Insurance - ...ANSWER...✓✓A.
Doctrine of Proximate Cause
For example, if a property insurance policy covers the
peril of fire but further damage is caused by smoke,
water used to extinguish, and the process of moving
property away - fire is considered to be the *proximate
cause* of all of the damage.
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The Loss Settlement Valuation that subtracts an
allowance for depreciation is defined as?
A. Actual Cash Value
B. Replacement Cost
C. "Old for New"
D. None of the Above - ...ANSWER...✓✓A. Actual Cash
Value
A policy condition, either based on information in the
insured's application or inserted by the insurer, is defined
as:
A. Warranty
B. Misrepresentation
C. Concealment
D. None of the Above - ...ANSWER...✓✓A. Warranty
The following are basic characteristics of a property or
liability insurance contract, except:
A. Personal Contract
B. Conditional Contract
C. Loss of Settlement Contract
CLAIMS ADJUSTER EXAM LATEST TEST BANK WITH
450 QUESTIONS AND CORRECT VERIFIED
ANSWERS/ FL CLAIMS ADJUSTERS TEST 2025/ FL
GENERAL ADJUSTER
Frank owned a home that was destroyed by a hurricane.
Both ABC and XYZ Banks were listed as additional
interests on his homeowner policy. The insurance
company will make a payment to:
A. The first mortgagee, ABC
B. The Insured
C. Jointly to ABC and XYZ
D. All listed interests - ...ANSWER...✓✓D. All listed
interests
Remember that the insurer is not responsible to know the
degrees of interest. In the event of a loss, one payment is
made by the insurer and it is up to the additional interests
on working out their share.
Insurance applies separately to each insured as if other
insureds did not exist. This is defined as:
A. Severability
B. Conditional
C. Warranty
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D. None of the above - ...ANSWER...✓✓A. Severability
Property insurance policies usually contain a(n)
__________ clause, stating the insured cannot dump
damaged property on the insurer and demand its full
value:
A. Pro Rata
B. Abandonment
C. Liberalization
D. All of the above - ...ANSWER...✓✓B. Abandonment
A(n) __________ is one wherein economic loss would be
suffered from an adverse happening to the subject:
A. Conditional Contract
B. Personal Contract
C. Economic Contract
D. Insurable Interest - ...ANSWER...✓✓D. Insurable
Interest
States that if the insurer adopts a revision which would
broaden coverage without additional premium within
some period of time prior to the policy period or during
,3|Page
the policy period, the insured receives the benefit of such
broadened coverage.
A. Cancellation Clause
B. Policy Period
C. Pro Rata
D. Liberalization - ...ANSWER...✓✓D. Liberalization
The time frame is typically 60 days.
The __________ states that when there is an unbroken
connection between an occurrence and damage that
grows out of the occurrence, then the resultant damage
is all a part of the occurrence.
A. Doctrine of Proximate Cause
B. Doctrine of Perils & Hazards
C. Insurance Policy Handbook
D. Doctrine of Property Insurance - ...ANSWER...✓✓A.
Doctrine of Proximate Cause
For example, if a property insurance policy covers the
peril of fire but further damage is caused by smoke,
water used to extinguish, and the process of moving
property away - fire is considered to be the *proximate
cause* of all of the damage.
, 4|Page
The Loss Settlement Valuation that subtracts an
allowance for depreciation is defined as?
A. Actual Cash Value
B. Replacement Cost
C. "Old for New"
D. None of the Above - ...ANSWER...✓✓A. Actual Cash
Value
A policy condition, either based on information in the
insured's application or inserted by the insurer, is defined
as:
A. Warranty
B. Misrepresentation
C. Concealment
D. None of the Above - ...ANSWER...✓✓A. Warranty
The following are basic characteristics of a property or
liability insurance contract, except:
A. Personal Contract
B. Conditional Contract
C. Loss of Settlement Contract
