California Adjuster PSI Exam Questions and Answers (100% CORRECT ANSWERs)
Question : Which of the following is not a duty of an insurer
in case of a loss?
Conduct a thorough investigation
Establish claim procedures and methods of documentation
Acknowledge receipt of a claim in a timely fashion
Separate the damaged property from the undamaged property
and protect the property from further loss
CORRECT ANSWER: The CORRECT ANSWER is:
Separate the damaged property from the undamaged property
and protect the property from further loss.
EXPLANATION: The insurance company is not required to
separate the damaged property from the undamaged property
nor to protect the property from further loss. This is the
responsibility of the insured.
Question : Which of the following statements is true about
"additional coverages" in most insurance policies?
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