FLORIDA PUBLIC ADJUSTER STATE

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FLORIDA PUBLIC ADJUSTER STATE

TEST

WITH CORRECT SOLUTIONS.

Florida No-Fault Tort Exemption - correct answer- Those who comply with the law are granted limited immunity from suits of others through PIP coverage.

• Exceptions to Tort Exemption(Threshold of No-Fault) - correct

answer- 1. Significant and Permanent loss of bodily function.

2.Permanent injury other than scarring and disfigurement.

3.Significant and Permanent scarring or disfigurement.

4.Death

What does NFIP stand for? - correct answer- National Flood Insurance Program

Form SR-22 - correct answer- Drivers Convicted of DUI or a traffic felony over the prior 3 years are required to have 100/300/50 coverage or a certificate of self insurance of

$350,000.

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Contents of a CGL Contract - correct answer- 1.Declarations Form 2.Common Policy Conditions Form

3. One of:

A.Occurrence Form B.Claims Made Form 4.Nuclear Energy Liability Exclusion Endorsement.

Declarations of a CGL Contract(4) - correct answer- 1.Named Insured(including address) 2.Policy Period 3.Premium 4.Limits of Coverage

• Common CGL Conditions - correct answer- 1.Cancellation(30

Days by insurer option, 10 Days By no payment).

2.Changes 3.Examination of Books 4.Inspections and Surveys 5.Premiums 6.Transfer 7.Nuclear Endorsement

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CGL Coverage A - correct answer- Bodily Injury and Property Damage Insuring Agreement

The 3 Conditions that define work as "completed" - correct answer- 1.When all work called for in the contract is completed.

2.When all work to be done at the site has been completed if one contract calls for work at more than one site.

3.When that part of the work done at a job site has been put to its intended use by any person or organization other than another contractor or subcontractor.

Occurance - correct answer- An accident, including continuous or repeated exposure to substantially the same general harmful conditions.

accident - correct answer- Sudden, unexpected event

The Difference between "Occurance" and "Claims Made" CGL

Coverages - correct answer- The Coverage Trigger:

The Occurance Form applies to BI and PD regardless of any later time at which the claim is made.The Claims-Made Form applies only to BI and PD that occurs on or after the "Retro-Active date"

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