Exam for adjuster pro Study guides, Class notes & Summaries

INDIANA PRO ADJUSTER EXAM 2024 | ACCURATE CURRENTLY TESTING EXAM QUESTIONS AND ANSWERS | VERIFIED AND ACCURATE FOR GUARANTEED PASS | LATEST UPDATE WITH A STUDY GUIDE AT THE END

Adjuster Pro - Insurance Adjusting Exam Questions Reviewed And Revised With Correct Answers <Guarantee Pass |Updated!!> 1. Depreciation formula - ANSWER allocation of original costs over the estimated useful life of a tangible asset 2. 3 Types of Deductibles - ANSWER Percentage Franchise 3. Fixed deductible - ANSWER Fixed Specific set amount 4. Percentage deductible - ANSWER Insured party pays a percentage of the total cost, insurance pays ...

INDIANA PRO ADJUSTER EXAM 2024 | ACCURATE CURRENTLY TESTING EXAM QUESTIONS AND ANSWERS | VERIFIED AND ACCURATE FOR GUARANTEED PASS | LATEST UPDATE WITH A STUDY GUIDE AT THE END

NC Adjuster License Practice Exam Combined Set Questions With Reviewed Correct Answers What type of insurance operation is used to insure unusual risks? ANSWER Lloyds of London An insurance company that has its headquarters in New York state doing business in North Carolina would be considered which of the following under North Carolina insurance regulations? ANSWER Foreign Insurer A __________ is a contract type in which the insurer agrees to pay a specific sum of m...

Adjuster Pro - Indiana - Chapter 4 Commercial Lines Exam (100% Correct) Adjuster Pro - Indiana - Chapter 4 Commercial Lines Exam (100% Correct) Adjuster Pro - Indiana - Chapter 4 Commercial Lines Exam (100% Correct) Adjuster Pro - Indiana - Chapter 4 Commercial Lines Exam (100% Correct) Commercial Package Policies: BOP Endorsements - Outdoor Signs - ANSWER - provides open-peril coverage for signs unattached to building Commercial Property Insurance - ANSWER - Covers direct and indirect loss...

USAA P&C Insurance Adjuster Exam Already Passed Perils Causes of loss identified in the policy (Fire, lightening, internal explosion ,Wind, Hail, Collision) Hazard Condition that create or increases the chance or loss or contributes to the loss Physical Hazard Visible ( operational features of a risk) Moral Hazard Intentional dishonesty or illegal actions of a person (arson) Morale Hazard Carelessness or indifference ( attitude). Takes additional risks (negligence) Pure Ris...

Adjuster Pro - Insurance Adjusting Exam Questions Reviewed And Revised With Correct Answers <Guarantee Pass |Updated!!> 1) Ron works from home. After a kitchen fire renders his home uninhabitable, he is forced to rent an apartment in town while the repairs are made. Which type of coverage could help Ron pay the cost of renting the apartment? A. Coverage B - Other Structures B. Coverage A - Dwelling C. None D. Coverage D - Loss of Use - ANSWER D 2) John's hom...

Adjuster Pro - Florida Certified Adjuster Glossary Exam Questions with Correct Answers Commercial Property Floater - Answer-A means of protecting a business' property that is not in one fixed location. Common Law - Answer-Based on court decisions and customs when statutory law does not provide an answer; creates precedent. Compensatory Damages - Answer-Money awarded in civil court for tangible and intangible damages caused by a policyholder Compensatory damages -Special - Answer-Mon...

Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers insurance - ANSWER - transfer of risk insurance - ANSWER - transfer of risk Accident Insurance - ANSWER - Covers expenses associated with a covered accident and can extend to ambulance...