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FLORIDA CERTIFIED ADJUSTER
PRELICENSING EXAM NEWEST 2025 ACTUAL
EXAM COMPLETE 200 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
Question: Acme Construction, Inc. has one contractor and one
receptionist. The contractor makes $25/hr, and the receptionist makes $10/hr. The contractor worked exactly 8 hours in 2010, so he made $200. The receptionist worked 10 hours, so she made $100. Therefore, Acme's entire payroll for 2010 was $300.Assume that, for every $100 of payroll, the WC rate for contractors is $50 and the rate for receptionists is $5. How much did Acme owe in WC premiums?ANSWER: $105 (Calculation: Contractor payroll = $200, WC premium = ($200 / $100) × $50 = $100; Receptionist payroll = $100, WC premium = ($100 / $100) × $5 = $5; Total WC premium = $100 + $5 = $105)
Question: While shopping at Acme, Mark slips and falls on a
wet floor, knocking over some shelves, smashing a window, and injuring his knee. The medical costs for Mark's knee surgery total $8,000, and he will live the rest of his life with a limp since
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his knee may never fully heal. Which of these costs will be most difficult for Acme's insurer and Mark to negotiate?
ANSWER: The mental anguish associated with never fully
recovering
Question: Anna's Rare Books in Birmingham needs to ship three
- Scott Fitzgerald first editions to a customer in Mobile. The
combined value of the books is over $400,000. What type of Inland Marine insurance policy should Anna's Rare Books buy to cover this shipment?
ANSWER: A trip transit policy
Question: Bill is going to switch employers, and therefore
switch healthcare providers. Which federal law ensures that he won’t be denied coverage when he switches health plans?
ANSWER: HIPAA
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Question: Mark is a college student and frequently needs to
either rent a car or borrow his friend’s car. Although he doesn’t own a car of his own, he wants to buy himself some liability coverage that would apply whenever he drives someone else’s car. Which coverage should Mark get?
ANSWER: Non-Owner Coverage
Question: One day, a customer at Jim’s Tire Sales was severely
injured when a rack of tires collapsed and fell on her. Later, the customer filed a lawsuit against Jim for $750,000. Jim has a commercial general liability policy, but the limit for this type of loss is only $500,000. Not wanting to use his entire limit on this one claim, Jim tries to use his excess liability policy first, which has a limit of $1,000,000, so he can retain most of the aggregate limit in his base policy. Unfortunately for Jim, this is not
possible because:
ANSWER: An excess liability policy pays only after the base
policy’s limit has been exhausted
Question: Cameron is fully insured by a DP-2 on his $130,000
home. His monthly mortgage payment is $775 per month, and
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he usually pays $400 per month in groceries. When a kitchen fire damages his house, causing $61,000 in damage, he is forced to move out for a month while the repairs can be made.Cameron’s hotel bill for the month comes to $1,250 and he spends $600 eating at restaurants. Based only on this information, how much indemnification can Cameron expect to receive for this claim?
ANSWER: Coverage A - $61,000; Coverage E - $1,450
(Calculation: Coverage A covers dwelling damage = $61,000;
Coverage E [Additional Living Expense] covers hotel bill $1,250 + extra restaurant costs ($600 - $400 groceries = $200) =
$1,450)
Question: As a staff adjuster, one of Abigail’s most important
responsibilities is reporting to the principal. This would include
all of the following except:
ANSWER: Keeping the claimant up-to-date on the progress and
status of the claim
Question: Jay’s Chip Factory makes potato chips, and it gets
chip bags from Bags, Inc. One day, the bag-making machine at