Florida 3-20 Public Adjuster Exam Outlines| 141 questions| with complete answers

Florida 3-20 Public Adjuster Exam Outlines| 141 questions| with complete answers
There are several important statutory requirements pertaining to
contracts made by public adjusters:
Must state the type of claim, including an emergency claim,
non-emergency claim or supplemental claim.
Requires the signatures of all named insureds.
If the signatures of all named insureds are not available, the
public adjuster must submit an affidavit signed by the available
named insureds attesting that they have authority to enter into
the contract and settle all claim issues on behalf of the named
insureds.
An unaltered copy of the contract must be remitted to the insurer
within 30 days after execution. This means the contract provided
to the insurer must also contain the agreed upon fee percentage.
Question 1: True or False: Both mediation and sinkhole neutral
evaluation are non-binding. Neither the insured nor the
insurance company is legally obligated to accept the outcome of
the mediation conference.
CORRECT ANSWER: True

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