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Adjuster Exam 2: Questions With Correct Solutions

Adjuster Exam Simulator Questions with 100% Correct Answers Coverage F on HO-3 will pay medical expenses for - Answer- Anyone invited onto your property and injured while there not a resident "Medical Payments to Others" Negligence or a tort - Answer- A legal duty owed is proven and breach of legal duty owed is also present A common carrier is not liable for the loss of a shipper's goods when the loss results from - Answer- An act of God such as floods, hurricanes or negligence of the ...

ADJUSTER EXAM STUDY PREP LATEST EXAM QUESTIONS WITH COMPLETE SOLUTIONS ANSWERED CORRECTLY 100% GUARANTEED PASSED When mary leaves her stove on by accident, she starts a fire that destroys her kitchen and leaves smmoke damage throughout her home. While the fire department puts the fire out, the influx of water causes extensive damage as well. On top of all that, Mary is forced to board her three dogs at a kennel for several weeks while her house is under repair. The kennel charge would be co...

Adjuster Exam With Questions and Answers ...

Adjuster Exam Simulator Questions with 100% Correct Answers Coverage F on HO-3 will pay medical expenses for - Answer- Anyone invited onto your property and injured while there not a resident "Medical Payments to Others" Negligence or a tort - Answer- A legal duty owed is proven and breach of legal duty owed is also present A common carrier is not liable for the loss of a shipper's goods when the loss results from - Answer- An act of God such as floods, hurricanes or negligence of the ...

Adjuster Exam Simulator Questions with 100% Correct Answers Coverage F on HO-3 will pay medical expenses for - Answer- Anyone invited onto your property and injured while there not a resident "Medical Payments to Others" Negligence or a tort - Answer- A legal duty owed is proven and breach of legal duty owed is also present A common carrier is not liable for the loss of a shipper's goods when the loss results from - Answer- An act of God such as floods, hurricanes or negligence of the ...

Accumulated Depreciation - CORRECT ANSWERThe total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - CORRECT ANSWERA valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion - CORRECT ANSWEROne of the characteristics of an insurance contract. Means that one party (the insurer) sets the ...

This optional provision states that if the insured becomes totally disabled, premiums are waived but the coverage remains in force: A. Waiver of Subrogation B. Waiver of Premium C. Waiver of Value D. None of the Above - correct answerB. Waiver of Premium "premiums are waived" Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgage...

Adjuster Pro Exam 2024 Questions and Answers John is doing some lawn maintenance using a steel blade on his weed-whacker. He fails to properly tighten the blade and it comes loose while he is trimming some tall grass at the edge of his property. The blade flies off towards his neighbor's house and crashes into the HVAC unit, severing the lines and effectively destroying the unit. Which coverage in John's homeowners policy might pay for the damage he caused to his neighbor's HVAC system?...

Adjusters license Exam Questions and Answers 2024 An adjuster shall exercise _____ care when dealing with elderly clients -Answer- Extraordinary The cost of mediation is paid -Answer-Equally by both parties The settlement of a claim arising out of a contract of insurance is also known as - Answer-Transacting insurance An authorized insurer means one duty authorized by a -Answer-Certificate of authority Solicitation negotiation and effectuation of a contract of insurance are best described...