FLORIDA 6-20 ALL LINES ADJUSTER TEST WITH CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+||UPDATED MAY 2024!

A company adjuster primarily represents the interests of:
A. The insured.
B. The claimant.
C. The insurer.
D. The public. - <>C. The insurer.

An adjuster's license will usually be revoked for which of the following reasons:
A. Denying claims that are not covered.
B. Failing to report a change of address.
C. Having been convicted of a misdemeanor.
D. Having been convicted of a felony. - <>D. Having been convicted of a felony.

The insured has been involved in an automobile accident and has sustained bodily injuries
and damage to the insured vehicle. The adjuster will usually:
A. Withhold any payment until all the bills have been reviewed for payment.
B. Pay to repair the vehicle and pay the medical bills later.
C. Pay for the repair of the vehicle and require a release for all claims.
D. Pay to repair the damage to the vehicle and obtain a partial release and settle the
medical payments later and then seek a final release. - <>D. Pay to repair the damage to the vehicle and obtain a partial release and settle the
medical payments later and then seek a final release.

Mr. Jones has damaged his vehicle by striking a tree. He can:
A. Take the car to a repair garage recommended by the insurer.
B. Take the car to a garage of his/her choice.
C. Accept the payment based on the adjuster's estimate.
D. All of the above. - <>D. All of the above.

In case of a total loss to a vehicle the adjuster will pay the insured/claimant which of the
following?
A. The cost to replace the vehicle with like kind and quality if a current year
model.
B. Use the most recent publication of an "Official Used Car Guide".
C. If not listed in the "guide", obtain quotations from automobile dealers.
D. All of the above depending on the circumstances. - <>D. All of the above depending on the circumstances.

Which of the following is NOT a claim settlement option for liability claims?
A. Lost wages
B. Excessive amounts claimed
C. Loss of use
D. Disfigurement - <>B. Excessive amounts claimed

Which of the following results in immediate payment when the claimant signs a release
relinquishing his or her right to sue?
A. Scheduled Payment Release
B. Full Release Settlement
C. Advanced Payment
D. Structured Settlement - <>B. Full Release Settlement

Which of the following relieves the financial burden on the claimant by making certain
payments to the claimant even before the claim can be negotiated?
A. No Release or Walk-Away
B. Rehabilitation
C. Advanced Payment
D. Open-Ended Release - <>C. Advanced Payment

Which of the following statements is correct?
I. The Business Auto Policy uses 10 symbols to define covered vehicles
II. Symbols 30 and 31 apply to the Garage Policy.

A. I only.
B. II only.
C. Neither I nor II.
D. Both I and II. - <>D. Both I and II.

Which of the following is not a Business Auto endorsement?
A. Drive Other Car.
B. Change Ot