Florida Claims Adjuster Exam Study Guide Updated 2023/24: Florida Claims Adjuster Exam 206 Questions 100% Correct!!

A motor vehicle or mobile home which is a total loss is defined as: A. Lost Profit B. Salvage C. Salvageable D. All of the Above {Ans: B. Salvage It cannot be restored to prior condition}Other Structures {Ans: Homeowner's Policy, covers items not permanently attached to main dwelling (shed, fence, etc.)}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 {Ans: B. Abandonment}A policy may contain a provision which states a period of time between issuance and acceptance before sickness benefits begin. This is defined as: A. Waiting Period B. Elimination Period C. Both A & B D. None of the Above {Ans: C. Both A & B This helps keep premiums reasonable by eliminating chance of persons buying coverage only when they are sick}All of the following are requirements for the "Code of Ethics," except: A. Adjusters should not give legal advice B. Adjusters may negotiate with a claimant who is represented by an attorney C. A witness who requests a copy of a statement given must be provided with