FLORIDA CLAIMS ADJUSTER EXAM, 6 20 ALL

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FLORIDA CLAIMS ADJUSTER EXAM, 6 -20 ALL

LINES ADJUSTER- FLORIDA- REVIEW

Question 1: A public adjuster represents the interest of:

• The insurer
• The Insured
• The employer
• The interest of the general public

CORRECT ANSWER : B. The insured

Question 2: Which of the following is the type of report that

indicates the initial results of a claim investigation?

• Field Report
• Interim Report
• Full Report
• None of the above

CORRECT ANSWER : A. Field Report

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Question 3: States have adopted statutes regarding claims

adjusting. To avoid unfair treatment to a claimant the adjuster

must not:

• Promptly investigate the claim.
• Follow the laws regarding the number of days in which to

commence an investigation.

• Deny the claim until a fair and prompt investigation has

commenced.

• Pay the claim within a reasonable number of days after the

final proof of loss has been received.

CORRECT ANSWER : C. Deny the claim until a fair and

prompt investigation has commenced.

Question 4: Which of the following is not a claim settlement

option?

• Forcing the insured to sue by offering less than the claim is

worth.

• Repairing property.
• Replacing with like kind and quality.
• Replace with new

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CORRECT ANSWER : A. Forcing the insured to sue by offering

less than the claim is worth.

Question 5: The giving up of a known right is called:

• Estoppel
• Violation of policy conditions
• Rebating
• Waiver

CORRECT ANSWER : D. Waiver

Question 6: An innocent party relies on certain statements made

by the adjuster and is damaged as a result. The guilty party may be legally prohibited from asserting that the fact does not exist

because of:

• Waiver
• Estoppel
• Duties of the adjuster
• Law of contract

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CORRECT ANSWER : B. Estoppel

Question 7: Should an insured fail to report a claim in a timely

fashion the adjuster will usually:

• Deny the claim.
• Send the insured a reservation of rights letter.
• Cease investigating.
• Seek the advice of the company's attorney.

CORRECT ANSWER : B. Send the insured a reservation of

rights letter.

Question 8: A company adjuster primarily represents the

interests of:

• The insured.
• The claimant.
• The insurer.
• The public.

CORRECT ANSWER : C. The insurer.