ADJUSTER PRO EXAM AND PRACTICE EXAM 2023-2024
ACTUAL EXAM 300 QUESTIONS AND CORRECT
ANSWERS|AREADY GRADED A+|BRAND NEW!!
Noris borrows Arnold’s truck to pick up some lumber from the hardware store. On
the way to the store, Norris collides with a car, injuring the three people inside.
The driver suffers $15,000 in injuries, one passenger suffers $25,000, and the other
passenger suffers $20,000. Norris has a PAP with liability limits of 50\/100\/50 and
Arnold’s policy has liability limits of 25\/50\/10. How much will the primary policy
pay for the injuries? – ANSWER- $50,000
Mark is driving along and looking for an address on the east side of Walker Street.
As he squints to see the numbers posted on the buildings, he plows into the back of
the car waiting a stoplight. Both the driver and the passenger of the struck car
injured. The driver suffers $60,000 in bodily injury: the passenger suffers $55,000
in bodily injury, and the vehicle Mark hit sustains $30,000 in damage. Mark has
liability coverage with split limits of 50\/100\/25. How much will mark be
responsible for out-of-pocket after this accident? – ANSWER- $20,000
In which case with the insured be indemnified by her liability coverage? –
ANSWER- She has to pay a fee to retrieve relevant court documents
When Wanda gets into an accident, her car is towed to Ted’s auto shop for repair.
Which of these statements is TRUE? – ANSWER- Wanda’s insurer must give her
the opportunity to specify in writing the type of auto parts she wants to shop to use
Taylor is involved in a hit-and-run accident. He is stunned by the encounter and
doesn’t get any info on the vehicle. Which type of coverage can he use to pay for
the damages? – ANSWER- Collision Coverage
D’anton spills coffee on his lap when driving and hits a car. What type of coverage
could he use to pay for the damages? – ANSWER- Collision Coverage
Minimum liability limits in Indiana – ANSWER- 25\/25<\/p>\n\n\n\n
Which of these statements about Personal Auto Policy is FALSE? – ANSWER- It
will pay for punitive damages in court
Jada crashes her car and has to take the bus for 3 months. Which of these
coverages will pay for her transportation? – ANSWER- Transportation expenses
Ian purchased a nice new car yesterday. He has not yet reported his new car to his
insurance and does not have collision or comprehensive coverage. Why should he
not be too worried? – ANSWER- The first 4 days of purchasing a new car
automatically includes collision and comprehensive coverage with a $500
deductible
Which of the following occurrences would be covered under other than collision
coverage? – ANSWER- Jane’s windshield is cracked when she hits a bird
Hank has collision coverage with a $2,000 deductible and wrecks his car. He paid
$43,000 for the car but the ACV is $25,000. How much will Hank be indemnified
for the damage? – ANSWER- $23,000
Which of the following is not true of PIP coverage? – ANSWER- PIP coverage is
usually secondary coverage
Jack failed to pay his premiums and his auto insurance has been canceled again.
Since Jack has already been caught driving without insurance once before what
will be his penalty the second time? – ANSWER- Suspension of his license for 1
year
Paul is driving in the mountains to do some hunting and hits a deer causing $5,000
in damage to his car and $1,000 in injuries. What type of coverage would
indemnify him? – ANSWER- Collision Coverage
Which of the following is not a nearly universal condition of a PAP policy? –
ANSWER- The insurer will require the insured to not park in high crime areas
In which situation would the insurer not be able to increase premiums
immediately? – ANSWER- After an accident
Which of the following is not part of the ‘policy territory’ for PAP – ANSWERMexico City<\/p>\n\n\n\n
If PAP has been in affect for more than 60 days, the insured must give them a
cancelation notice at least.. – ANSWER- 20 days in advance
Sonia maintains collision coverage with a $1,000 deductible on her 2015 sedan.
While returning home from work, Sonia swerves to miss a raccoon and ends up
crashing into a telephone pole. Sonia’s car sustains $25,000 in damages, yet the
actual cash value of the vehicle is only $15,000. Which of the following statements
is TRUE? – ANSWER- Sonia will be indemnified by her insurer for $14,000.
Bonnie’s PAP includes Comprehensive coverage. Which of the following losses
could this coverage pay for? – ANSWER- Bonnie’s car catches fire.
PIP coverage will pay for injuries to all of the following persons, EXCEPT –
ANSWER- the driver you struck.
Kelly took her eyes off the road and ended up smashing into the back of a
passenger van. All five passengers were injured, and each one ended up with
$25,000 in medical costs. Assuming Kelly has liability coverage with limits of
50\/100\/50, how much will she have to pay out of pocket? – ANSWER- $25,000
In which case would the insured be indemnified by her auto liability coverage? –
ANSWER- She has to pay a fee to retrieve relevant court documents.
Having insurance is required by Indiana law in order to drive your car on public
roads. In which of the following scenarios would you NOT need to have insurance
on your vehicle? – ANSWER- Using your vehicle seasonally for agricultural
purposes
Which of these statements about the Personal Auto Policy is FALSE? – ANSWERIt provides coverage for punitive damages awarded in court.
George lives in Connecticut and carries the minimum amount of auto liability
insurance for that state, which is 20\/40\/10. On a trip to Indiana, George causes an
accident that leaves the other motorist with $35,000 in bodily injuries and $12,000
in property damage. How much will George’s liability coverage pay the other
driver? – ANSWER- Since George meets his home state’s liability insurance
requirements, the out-of-state provision says that his policy will provide the
minimum required liability in any other state where George may cause damages.
Since Indiana’s minimum liability limits are 25\/50\/25, George’s policy will pay up
to $25,000 for injuries to one person and up to $25,000 for property damage.<\/p>\n\n\n\n
Farm insurance policies can include all of the following except: – ANSWER- Farm
insurance for raising show animals
Terry is fully insured by his farm policy. When a tornado rips through Terry’s
farm, it destroys a barn worth $15,600, a corral and two livestock chutes worth
$6,200, and a light pole worth $400. How much indemnification can Terry expect
to receive for this claim – ANSWER- $22,050 (corral+chutes+barn at actual cash
value but the light pole is subject to a $250 limit)
Rodney has a typical farm policy with a limit of $200,000 for the main house.
During a storm, lightning strikes a $2,500 satellite dish, which sparks a fire that
destroys a little guest house worth $25,000. How much can Rodney receive from
his insurer in response to his claim? – ANSWER- $20,000 (The guest house and
satellite dish fall under coverage B\u2026which is limited to 10% of the coverage A
limit)
Which of the following would NOT be covered under Barns, outbuildings, and
other farm structures coverage? – ANSWER- pasture fencing
Jamie is hauling a load of hay from the market to her farm when a strong gust of
wind tips over the trailer on the highway and scatters her hay everywhere. If Jamie
has Scheduled Farm Personal Property coverage, why won’t the insurer pay for her
loss? – ANSWER- The hay was being transported.
Which of the following is false about Livestock Coverage Form? – ANSWER- it
would cover chickens
which of the following losses to livestock would be covered by the causes of loss –
broad form, but NOT by the causes of loss – basic form – ANSWER- accidental
shooting of livestock
Lanny was unloading his steers from the transport when the ramp slipped off the
back of the trailer and two steers fell and broke their legs. As a result of this
accident, Lanny had to put down the injured steers. Which farm policy cause of
loss form would indemnify Lanny for this loss? – ANSWER- broad and special
form
Rosa’s barn burned down when it was struck by lightning during a storm. The barn
was fully insured at replacement cost under Rosa’s Farm policy. At the time of the
<\/p>\n","protected":false},"excerpt":{"rendered":"
ADJUSTER PRO EXAM AND PRACTICE EXAM 2023-2024ACTUAL EXAM 300 QUESTIONS AND CORRECTANSWERS|AREADY GRADED A+|BRAND NEW!!Noris borrows Arnold’s truck to pick up some lumber from the hardware store. Onthe way to the store, Norris collides with a car, injuring the three people inside.The driver suffers $15,000 in injuries, one passenger suffers $25,000, and the otherpassenger suffers […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-112383","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/112383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=112383"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/112383\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=112383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=112383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=112383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}