Claims Adjuster Exam Questions And Answers

Any Homeowner policy e.g. {Ans: If owner-occupant wants liability and property coverage, they must purchase... E.g.}Scoping {Ans: Property claims equivalent of investigating a loss}Immediately be paid {Ans: After all investigation is complete & you're aware that liability for insured's claim is clear, when should claim get paid?}Multi peril or package {Ans: Any policy that provides both property and liability coverage}In scenarios where things may look, feel & actually would be inappropriate: {Ans: Better to appear inappropriate than to behave innapropriate lay E.g. Insured offers adjuster gift card for doing great job & working hard--be polite and decline with appreciation}None will pay, even policy described as it is not "full coverage"--no such thing {Ans: Insured has full coverage on home, auto, & boat--falls down stairs at home, seriously injures knee, which policy might pay medical bills?}You will find this phrase in insuring agreement e.g. {Ans: Other than declaration, where in broad form policy will you find phrase "collapse of building"? E.g.}Minus PIP ($2,500) Uninsured/underinsured motorist coverage {Ans: What does TAIPA provide?}Call supervisor & find out companies rules regarding salvaged items {Ans: Adjuster pays for total loss of most contents in home following