FLORIDA ADJUSTER EXAM LATEST ACTUAL

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Florida Adjuster EXAM Latest Actual EXAM 200 Questions AND Correct Answers Guaranteed Success 1 / 3

FLORIDA ADJUSTER EXAM LATEST ACTUAL

EXAM 200 QUESTIONS AND CORRECT ANSWERS

(VERIFIED ANSWERS) |AGRADE

Which of the following is TRUE? - ANSWER- If an appointment is terminated, an adjuster has 48 months to secure another appointment

Bad Faith & Adjusting Practices - Under the Florida Unfair Trade Practices Act & the Unfair Methods of Competition and Unfair or

Deceptive Acts, all of the following are prohibited, EXCEPT: -

ANSWER- Adjuster keeps accurate records on a claim

Florida's Administrative Code contains a Code of Ethics for Adjuster - which of the following is FALSE? - ANSWER- An Adjuster owes fair and prompt treatment to their own company's policyholders only

Which of the following is a duty owed to an invitee? - ANSWER- land owner must make reasonable efforts to maintain property in safe condition

What is the difference between liability and coverage? - ANSWER- liability is a legal doctrine and coverage is a contractual obligation

Which of the following is NOT one of the fiduciary responsibilities of an adjuster? - ANSWER- Withhold pertinent information from the company to please a client

Which of the following is NOT one of the duties of the Florida Department of Financial Services? - ANSWER- The Department writes policies for the non-standard insurance companies.

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Continuing education requirements to maintain a Customer

representative license are: - ANSWER- 24 hours every two years.

When an insurance licensee ends his appointment with an authorized company in Florida, he has how long to secure another appointment? - ANSWER- 48 months

When an insurance licensee moves, he has how long to notify the Florida Dept. of Financial Services of his change of address? - ANSWER- 30 Days

Activities that may result in license suspension or revocation include: -

ANSWER- Using discriminatory practices Making false entries on an insurance application Defaming another agent or company

Activities that may result in license suspension or revocation include: -

ANSWER- Lacking reasonable knowledge & technical competence Misappropriation of funds Failure to notify the Dept. of Insurance in writing within 30 days after pleading guilty to a felony

All of the following are true concerning Joint Underwriting Associations

EXCEPT : - ANSWER- It is not possible to purchase a Homeowners or

Dwelling Policy from Citizens

John wrote a policy through the Florida Automobile Joint Underwriting Association, and the company issued the policy. What is the company issuing the policy called ? - ANSWER- A servicing carrier

The business auto policy has flexibility to meet the needs of various commercial enterprises. It is used to cover vehicles NOT covered by the Personal Auto Policy. Which the following vehicle would NOT be

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