Usaa P&c Insurance Adjuster Exam Questions And Answers 100% Accurate

Assignment {Ans: Insured requests payment of the claim to 3rd party. Must be made in writing. Insurer must approve. Not in the case of death}Direct Liability {Ans: Insured is the wrong door (tortforsear)}Defense Against Negligence {Ans: Contributory negligence-The plaintiff suing the defendant is confident that they have zero liability for the damages they incurred The defendant is 100% liable (negligent)}HO Section 1 Coverage C {Ans: Personal property of the owner that is in or on premises. 50% of coverage A}Dwelling Form (DP-3) {Ans: Special form- Open perils EXPECT exclusions}Coverage C {Ans: Personal property}HO3 {Ans: Special Form all perils EXPECT exclusions}Morale Hazard {Ans: Carelessness or indifference ( attitude). Takes additional risks (negligence)}Appraisal {Ans: Dollar amount dispute}Perils {Ans: Causes of loss identified in the policy (Fire, lightening, internal explosion ,Wind, Hail, Collision)}Excess Policy {Ans: This policy pays AFTER primary has been exhausted}HO Section 2 Coverage E {Ans: Personal liability}Endorsement {Ans: Is a modification to the policy ( EXCEPT CANCEL) Must be in writing. Guaranteed replacement cost value}Comparative Negligence {Ans: Reduces the amount of damages awarded to a plaintiff by the extent to which his own negligence contributed to