Fl Adjuster Practice Test Questions And Answers

The first step in the claim process is to {Ans: Determining time and cost of repairs}A typical workers' compensation policy combines two basic forms of coverage. They are {Ans: Workers' Compensation and Employers Liability}Which of the following is NOT eligible for Dwelling coverage? {Ans: An 8-unit apartment building in which the owner resides}Which of the following statements about insurable interest is FALSE? {Ans: Maintaining property values allows your neighbor to have an insurable interest in your house}Which of the following lines of coverage could be found in a Commercial Package Policy? {Ans: Business Auto insurance}Tim is the plaintiff in a case involving an auto accident. To recover monies he feels are due him, Tim produces documents to prove he had to pay over $55,000 in medical bills. If the court were to award Tim $55,000, the damages would be classified as: {Ans: special damages}In the Standard Fire Policy, "intentional losses" and "extreme perils that cause catastrophic damage to a large number of policyholders" would be considered examples of: {Ans: exclusions.}Greta's Ski Supply is covered under the Building and Personal Property Coverage Form with limits of $50,000 for business personal property and $100,000 for