TEXAS ALL LINES ADJUSTER EXAM BRAND NEW (2000+ QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS

TEXAS ALL LINES ADJUSTER EXAM BRAND NEW (2000+ QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS

Texas All Lines

Insurance Adjuster

Exam – Latest 2026/2027;

All Correct & Verified

Define Accident?

Correct Answer

An unforeseen, unintended even; something unexpected

Define Additional Living Expenses?

Correct Answer

Extra charges covered by homeowner's policies over and above the

policyholder's customary living expenses due to damage by a covered peril that

makes the home temporarily uninhabitable.

Define Actual Cash Value?

Correct Answer

The value of your property, based on the current cost to replace it minus

depreciation.

Define Adjuster?

Correct Answer

A person who investigates and settles insurance claims.

Define Continuing Education Requirement?

Correct Answer

State level requirement that insurance licensees periodically complete a

minimum number of house of insurance related education in order to be

eligible for license renewal.

How many hours of CE and how often does Texas require?

Correct Answer

30 hours every 2 years.

Depreciation is based on what three things?

Correct Answer

Age, Condition and Life Expectancy

Define Exclusion?

Correct Answer

Provision in an insurance policy that indicates what is denied coverage.

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Texas All Lines Adjuster

Latest Exam

Mary Johnson owns a local maid service. She wants to get some form of

protection to protect their company against dishonesty on the part of her

employees. What type of bond does she need to get to protect her company?

Answer:

Fidelity bond

When a loss occurs, an individual should be restored to the appropriate

financial condition he or she was in before the loss. This is known as?

Answer:

Principle of indemnity

Mona insurer is going to cancel her insurance policy. In order for the

cancellation to be legal, what must the insured do?

Answer:

Notify Mona in writing that her policy is being canceled with the reason why.

Which of the following is not ground for license denial or revocation?

Answer:

Never having lived or never intending to reside in the state of Texas