CLAIMS ADJUSTER FLORIDA EXAM QUESTIONS WITH 100% CORRECT ANSWERS 2025/2026
Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ
Banks were listed as additional interests on his homeowner policy. The insurance
company will make a payment to:
A. The first mortgagee, ABC
B. The Insured
C. Jointly to ABC and XYZ
D. All listed interests
D. All listed interests
Remember that the insurer is not responsible to know the degrees of interest. In the
event of a loss, one payment is made by the insurer and it is up to the additional
interests on working out their share.
Insurance applies separately to each insured as if other insureds did not exist.
This is defined as:
A. Severability
B. Conditional
C. Warranty
D. None of the above
A. Severability
Property insurance policies usually contain a(n) __________ clause, stating the
insured cannot dump damaged property on the insurer and demand its full value:
A. Pro Rata
B. Abandonment
C. Liberalization
D. All of the above
B. Abandonment
A(n) __________ is one wherein economic loss would be suffered from an
adverse happening to the subject:
A. Conditional Contract
B. Personal Contract
C. Economic Contract
D. Insurable Interest
D. Insurable Interest