Texas Adjuster Exam ( Actual Exam) Questions And Answers 2024 /100% Verified.

Your customer has HO-B homeowners policy with a Coverage A limit os $300,000. His mortgage payment is $1,400 per month. He can't stay in his home for 1 month due to a claim that was caused by smoke. He is staying in a local hotel for 1 month. The cost of the hotel is $900 for the moth. How much will you pay your policyholder for Additional Living Expenses {Ans: $900}This type of loss involves only the insurer and the {Ans: First party loss}This insurance term means a legal wrong {Ans: tort}Larry is an Insurance Agent with Texas Capital insurance company. One of his customers called his office and requested a change in coverage on his policy. Larry advised the customer he would make the change on the policy, but failed to change it in the system. His customer's claim is denied 6 months later for not having the proper coverage. The claim department paid the customers claim and filed what type of claim on Larry's commercial property. {Ans: Errors and Omissions}Joan has a workers compensation claim . She feels as though she is not being adequately compensated. The Texas department for Worker's Compensation has reviewed