California Insurance Adjuster Exam Test Bank New Latest Version Updated with 800+ Questions and 100% Correct Answers Other structures are excluded from coverage under the HO-3
when they are:
Question 1:
Smaller than 100 square feet or larger than 1,000 square feet Smaller than 100 square feet or larger than 500 square feet Used for storage purposes Used for business purposes
CORRECT ANSWER: Used for business purposes
An insurance company must give how many days notice of cancellation for a vacancy of more than 60 days, when the government has ordered demolition, or when fixed items are being removed and not replaced?
Question 2:
5 21 10 30
CORRECT ANSWER: 5
Upon request made by the consumer, a person who procures an investigative consumer report on the consumer must make a complete and accurate disclosure to the consumer of the
nature of the report and investigation within:
Question 3:
In writing and mailed to the consumer within 30 days of the request.In writing and mailed to the consumer within 15 days of the request.
In writing and mailed to the consumer within 10 days of the request.In writing and mailed to the consumer within 5 days of the request.
CORRECT ANSWER: In writing and mailed to the consumer
within 5 days of the request.
The insured has primary bodily injury and property damage liability coverage with a $100,000 limit, and a $1 million umbrella liability policy with a $5,000 self-insured retention limit. In which one of the following situations would the insured's umbrella liability policy typically not provide defense coverage?
Question 4:
Five people sued the insured for property damage arising out of one occurrence. One of the cases was settled out of court for $100,000.The insured was sued for $150,000 in personal injury damages.
The insured was sued for $10,000 in bodily injury damages.The umbrella liability policy would provide a defense in all three cases.
CORRECT ANSWER: The insured was sued for $10,000 in
bodily injury damages.
Question 5:
The BAP liability exclusion pertaining to pollution removes
coverage for each of the following, except:
The cost of governmentally ordered clean-up of pollutants.The escape of pollutants while being transported by a covered auto.The escape of pollutants caused by damage to the property containing them when the damage results from the use of a covered auto.The escape of pollutants before they are accepted by the insured for movement onto a covered auto.