PUBLIC ADJUSTER QUESTIONS AND ANSWERS

Program Trigger for terrorist acts must cause a collective damage in excess of? ✔✔• $100,000,000 TF A public adjuster may own no more than 50% in a salvage or similar business? ✔✔• F General Average ✔✔• Loss shared by all parties Particular Average ✔✔• Only one party shares in the loss. In a home owner policy there is no deductible for ✔✔• Liability Coverage In BOP covered property is listed and described in what part of the contract? ✔✔• Declarations