Insurance Adjuster Exam TX FL

1. Question 1 of 10Additional Coverages & Exclusions

   'Extra expense' coverage differs from business income because extra expense pays for:

   The added costs of continuing operations after a covered lossEmployee bonusesDamage to the buildingLost net profit only
2. Question 2 of 10Adjuster Duties & Ethics

   Under Texas law, a public insurance adjuster is generally prohibited from:

   Communicating with the insurerInspecting the damageAlso acting as the contractor who repairs the same lossCharging any fee
3. Question 3 of 10Auto Liability

   Texas law defines an 'underinsured motor vehicle' as an insured vehicle whose collectible liability limits are:

   Higher than the insured's own limitsLess than the limit stated in the underinsured coverage of the insured's own policySet by the Commissioner each yearZero, because the driver had no policy at all
4. Question 4 of 10Bonds & Professional Liability

   A fidelity bond protects an employer against:

   Weather lossesFinancial loss from dishonest acts of its employeesFire damage to inventoryAuto accidents
5. Question 5 of 10Commercial Lines

   The Businessowners Policy (BOP) is designed for:

   Individual homeownersLarge manufacturing conglomerates onlyOcean cargo shippersSmall and mid-sized businesses, bundling property and liability
6. Question 6 of 10Inland & Ocean Marine

   TDI notes that, despite its name, inland marine coverage covers:

   Only ocean-going cargoOnly vessels under 40 feetOnly property inside a buildingProperty kept on land, not on water
7. Question 7 of 10Insurance Terms & Concepts

   Subrogation allows an insurer that has paid a claim to:

   Increase the insured's deductibleCancel the policy retroactivelyPursue recovery from the party who caused the lossDeny future claims
8. Question 8 of 10Marketing & Unfair Claim Practices

   Refusing to pay a claim without conducting a reasonable investigation is:

   A valued-policy optionA form of subrogationAn unfair claim settlement practiceAcceptable under prompt-pay law
9. Question 9 of 10Personal Lines & Homeowners

   The HO-3 (Special Form) homeowners policy insures the dwelling on which basis?

   Agreed value onlyOpen perils (all risks) except those excludedFire and lightning onlyNamed perils only
10. Question 10 of 10Standard Fire Policy

    Which act by the insured will VOID coverage under the Standard Fire Policy's concealment or fraud provision?

    Increasing the property's value through improvementsWillfully concealing a material fact about the insuranceFiling the claim one day lateFailing to install smoke detectors

Ten of 30 questions taken straight from the app’s 251-question bank. Every answer keeps the app’s own explanation and the public source it was written from.