FLORIDA CLAIMS ADJUSTER

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FLORIDA CLAIMS ADJUS TER

EXAM, 6-20 ALL LINES ADJUSTER-

FLORIDA- REVIEW(UPDATED)

Question :A public adjuster represents the interest of:

• The insurer
• The Insured
• The employer
• The interest of the general public

Correct answer:B. The insured

Question :Which of the following is the type of report that

indicates the initial results of a claim investigation?

• Field Report
• Interim Report
• Full Report
• None of the above

Correct answer:A. Field Report

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Question :States have adopted statutes regarding claims

adjusting. To avoid unfair treatment to a

claimant the adjuster must not:

• Promptly investigate the claim.
• Follow the laws regarding the number of days in which

to commence an investigation.

• Deny the claim until a fair and prompt investigation

has commenced.

• Pay the claim within a reasonable number of days after

the final proof of loss has been received.

Correct answer:C. Deny the claim until a fair and prompt

investigation has commenced.

Question :Which of the following is not a claim

settlement option?

• Forcing the insured to sue by offering less than the

claim is worth.

• Repairing property.
• Replacing with like kind and quality.

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• Replace with new

Correct answer:A. Forcing the insured to sue by offering

less than the claim is worth.

Question :The giving up of a known right is called:

• Estoppel
• Violation of policy conditions
• Rebating
• Waiver

Correct answer:D. Waiver

Question :An innocent party relies on certain statements

made by the adjuster and is damaged as a result. The guilty party may be legally prohibited from asserting that the fact does not exist

because of:

• Waiver
• Estoppel
• Duties of the adjuster

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• Law of contract

Correct answer:B. Estoppel

Question :Should an insured fail to report a claim in a

timely fashion the adjuster will usually:

• Deny the claim.
• Send the insured a reservation of rights letter.
• Cease investigating.
• Seek the advice of the company's attorney.

Correct answer:B. Send the insured a reservation of rights

letter.

Question :A company adjuster primarily represents the

interests of:

• The insured.
• The claimant.
• The insurer.
• The public.

Correct answer:C. The insurer.