FLORIDA CLAIMS ADJUSTER EXAM, 6 -20 ALL LINES

FLORIDA CLAIMS ADJUSTER EXAM, 6 -20 ALL LINES

ADJUSTER- FLORIDA REVIEW -

EXAM 350 QUESTIONS AND CORRECT DETAILED

ANSWERS|ALREADY GRADED A+

Which of the following is not a duty of the claims adjuster?

Select one:

• Investigating
• Evaluating
• Negotiating
• Counseling

Counseling

The adjuster's duty to the insurer is best described as?

Select one:

• Friendly
• Factual
• Fun
• Fiduciary

Fiduciary

Errors and Omissions claims are a result of?

Select one:

• unethical behavior 1 / 4

• lack of knowledge or information
• Both unethical behavior and lack of knowledge or information are correct
• Neither unethical behavior and lack of knowledge or information are correct

Both unethical behavior and lack of knowledge or information are correct

Unethical behavior affects?

Select one:

• The claimant
• The adjuster
• All of the above
• The entire company

All of the above

All of the following are components of negotiating EXCEPT?

Select one:

• The issue should be negotiable
• There must be an exchange of value for value
• The parties should trust each other
• The claimant must be satisfied

The claimant must be satisfied

The Civil Remedies Provision of the Insurance Code states that adjusters should not? 2 / 4

Select one:

• Handle claims in a prompt manner
• Accompany claims payments with statements explaining coverage
• Settle claims in good faith
• Try to influence settlements

Try to influence settlements

The insured, a resident of Florida, was in an accident in Georgia. The Florida car was insured with liability limits of 10/20/10. Georgia's minimum liability limits are 20/40/10. How will the Florida policy respond?

Select one:

A. 10/20/10

B. 20/40/10

• No coverage

D. 20/40/20

20/40/10

Under a PAP, when does the insurance company cease to defend the insured?

Select one:

• The insurance company is not obligated to defend the insured
• After the case has been resolved
• When the policy limit is exhausted
• At the policy's expiration

When the policy limit is exhausted 3 / 4

The Florida Financial Responsibility Law is triggered by?

Select one:

• Registration of the vehicle
• Purchase of the vehicle
• An accident involving bodily injury or property damage
• Purchase of an auto policy

An accident involving bodily injury or property damage

The insured is an owner and is insured for PIP. She is injured in an accident and has the following damages? medicals-$12,000, lost wages-$6,000. How much will PIP pay if there is a $1,000 deductible?

Select one:

A. $11,200

B. $12,400

C. $9,600

D. $10,000

$10,000

Trucker insurance premiums are based on all EXCEPT?

Select one:

• Radius
• Age of the driver
• / 4