All Lines Adjuster Exam With 100% Correct Answers 2023

Which of the following losses would NOT be covered by an unendorsed Commercial Property policy with the special cause of loss form attached? {Ans: Carolyn's Fine Gifts must shut down for a month to repair flood damage..}Coverage F (Homeowners) {Ans: Medical payments to others- regards of fault. Med pay will pay for injury. Will not cover pain and suffering. You will be reimbursed. -Basic limit is $1000 per injury but can be raised. -will cover for medical treatments up to 3 years from the date of accident}How the standard Businessowners policy additional coverage of "Collapse" becomes payable? {Ans: The collapse must be such that the building cannot be used as intended.}Coverage Forms {Ans: Document that contains insuring agreements, coverages, exclusions and conditions.}What perils are covered under the broad from Homeowners Policy {Ans: include basic perils plus falling objects; weight of ice, sleet, or snow; freezing pipes; and some coverage for sudden and accidental water discharge.}Exclusions to Homeowners policy {Ans: earthquakes; termites, rats; freezing pipes while your house is unoccupied; losses if your house is vacant for the number of days specified by your policy; wear and tear or maintenance; wind or hail damage to