Adjuster Pro
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ADJUSTER PRO EXAM AND PRACTICE EXAM ACTUAL EXAM 150 QUESTIONS AND CORRECT ANSWERS|AREADY GRADED A+|BRAND NEW!!
ADJUSTER PRO EXAM AND PRACTICE EXAM ACTUAL EXAM 150 QUESTIONS AND CORRECT ANSWERS|AREADY GRADED A+|BRAND NEW!!
What is a reserve, in insurance terms? - Answer A pool of collected premiums that the insurer sets aside to pay claims 
 
Which of these scenarios is NOT an example of indemnification? - Answer When trying to renew her dog's license, Ellen has to pay a penalty to the city for letting its rabies vaccination lapse. 
Ellen having to pay a fine is not an example of indemnification. Indemnification means being restored to the financial condition you were in before a loss. In three of these sit...
Subrogate Subrogation is the right for an insurer to legally pursue a third party that caused an insurance loss to the insured. This is done as a means of recovering the amount of the claim paid by the insurance carrier to the insured for the loss. 
While investigating a claim, you determine that the loss was caused by a defective mechanism in the dishwasher. You would attempt to_________________________? 
 
 
 
Appraisal 
What is the process when an insurer and an insured have a dispute regardi...
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