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University of Southern California (Risk
Management and Insurance Program)
State Insurance Claims Adjusters Certification
California Claims Adjuster Exam
Course Title and Number: Claims Adjuster Exam Exam Title: Board Exam Exam Date: Exam 2024- 2025 Instructor: [Insert Instructor’s Name] Student Name: [Insert Student’s Name] Student ID: [Insert Student ID]
Examination
180 minutes
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State Insurance Claims Adjusters Certification 2024- California C.A Claims Adjuster Exam Review Questions with Correct Answers | 100% Pass Guaranteed | Graded A+ | Read All Instructions Carefully and Answer All the Questions Correctly Good Luck: - The ordinance or law limitation in a homeowner's policy may cause a gap in coverage in which of the following situations? - =Answer>> The insured's home is damaged by fire and must be rebuilt to meet present building codes. The additional cost of complying with the codes is 50% What is one way in which the HO2, HO4, and HO6 are similar? - =Answer>> perils insured against under coverage C Which homeowners form is best for use on a brand- new single family dwelling? - =Answer>> HO Which coverage's are typically provided in a boat owners policy? - =Answer>> physical damage, liability and medical payments The watercraft endorsement on a homeowners policy extends coverage for - =Answer>> liability coverage for watercraft listed on the schedule Mary has an HO3 policy with replacement cost coverage on the insured buildings. The cost of replacement on the dwelling is $100,000, and the other structure (a garage) is $20,000. To be certain of replacement cost coverage on a Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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boat, and the HO3 covers injuries to other outside the home What is the primary difference between a HO2 and HO policy? - =Answer>> the perils insured against Which of the following perils is insured against in the special form, but not in the basic form? - =Answer>> collapse Which of the following persons is not an insured under section1 of a homeowners policy? - =Answer>> the named insured's( non-resident) spouse The watercraft endorsement on homeowners policy extends coverage for - =Answer>> liability coverage for watercraft listed on schedule What is the primary difference between an HO3 and an HO5? - =Answer>> coverage C broad named perils Your HO3 insured wants to make sure he has liability protection against claims for false arrest, libel and slander. You should - =Answer>> tell him he should add the personal injury endorsement If the limit of liability on a structure are $75,000 and the structure is worth$125,000, how much would be owed on fire loss of $50,000 if the policy has an 80% coinsurance requirement (disregard any deductibles?) - =Answer>> $37, Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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The applicant wants a homeowner policy that has open peril coverage on his home(building structure) assuming he is eligible for the policy, which would you recommend? - =Answer>> HO What additional coverage is provided in DP3 that is not included in DP1? - =Answer>> collapse What is one reason a person may purchase a dwelling policy instead of homeowners policy? - =Answer>> the owner does not reside in the dwelling Which of the following perils is included in the broad form, but not in the basic form - =Answer>> falling objects Which peril(s) is - =Answer>> are included in vacancy permit endorsement?/ all of the above Which of the following is most likely to be eligible for CA FAIR plan? - =Answer>> a well- maintained dwelling located in a hazardous brush area What is one difference between a homeowners policy and dwelling policy for personal property coverage? - =Answer>> there is no appreciable difference What perils are insured against under the "additional coverage's property removed" of a homeowners policy? - =Answer>> all perils Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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the building structure and other common areas. Which homeowners form would you recommend - =Answer>> HO If the named insured has been charged with arson in reference to a total loss to the insured's building, what effect will the insured's action have on the mortgage holder's claim for damages? - =Answer>> the mortgagee is entitled to receive 100% of their loss What items of personal property are included in a coverage A under HO3 policy - =Answer>> paint on the premises to be applied to the interior What is one peril included in DP2 that is not included in a DP1 - =Answer>> falling objects What is an additional coverage provided by HO3 policy - =Answer>> tree, shrubs, and other plants The ordinance or law exclusionlimitation found in property policies such as the commercial property coverage, and in the homeowner policy have the following effect:/ - =Answer>> it excludes that part of the loss resulting from the enforcement of a building ordinance or law A hoe is damages two hours after an earthquake, first by fire and then by fuel pipes bursting and causing an explosion. Under a homeowner's HO3 form: - =Answer>> there is coverage, but only for the damage caused by the ensuing fire and explosion Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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The water damage exclusion in the cause of loss- special for applies to all the following, EXCEPT: - =Answer>> plumbing system leakage An insured duties after a loss are described in the homeowner's section 1 conditions. Which of the following is NOT a correct statement about these duties? The insured must: - =Answer>> make all necessary repairs to protect the property from further damage. The excludes that part of the loss resulting from the enforcement of a building ordinance or law A home is damage exclusion in the cause of loss- special form applies to all the following EXCEPT: - =Answer>> plumbing system leakage An insured' duties after a loss are described in the homeowner's section 1 conditions. Which of the following is NOT correct statement about these duties? The insured must: - =Answer>> make sure all necessary repairs to protect the property from further damage. The expense is paid by the insured Under section 2 of a homeowner's policy, comprehensive personal liability, coverage is extended to which of the following - =Answer>> premise described in the policy and all personal activities of the insured on or off the described premised The limit of liability in a personal auto policy proving coverage for "damage to your automobile" is stated as " the Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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registered/ licensed personal auto while used on his own property which includes 10 acres of undeveloped land The ordinance or law limitation in a homeowners policy may cause a gap in coverage in which of the following situations? - =Answer>> the insured's home is damaged by fire and must be rebuilt to meet present building codes. The additional cost of complying with the codes is 50% What is one way in which the HO2, HO4, and HO6 are similar? - =Answer>> perils insured against under coverage C Which homeowners form is best for use on a brand- new single family dwelling? - =Answer>> HO Which coverage's are typically provided in a boat owners policy? - =Answer>> physical damage, liability and medical payments The watercraft endorsement on a homeowners policy extends coverage for - =Answer>> liability coverage for watercraft listed on the schedule Mary has an HO3 policy with replacement cost coverage on the insured buildings. The cost of replacement on the dwelling is $100,000, and the other structure( a garage) is $20,000. To be certain of replacement cost coverage on a partial loss to either structure, she must carry a miniumum of - =Answer>> $80,000 on the dwelling; $16,000 garage Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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A home is damaged two hours after an earthquake, first by fire, then by fuel pipes bursting and causing an explosion. Under an HO3 form: - =Answer>> there is coverage, but only for the damage caused by the fire and explosion Which of the following perils is covered by a "causes of loss- basic form"? - =Answer>> riot or civil commotion How are the HO3 and HO5 Similar? - =Answer>> both provide open peril coverage for the dwelling Which of the following would be used for a new single- family dwelling? - =Answer>> HO Which of items of real property under HO3 are valued on an actual cash value basis? - =Answer>> Built- in appliance Which is a valid reason for an applicant to purchase a HO policy instead of dwelling policy? - =Answer>> the insured desires broader coverage Grace has a homeowners policy that includes section 1 coverage's A,B and C. A,B and C provide coverage for - =Answer>> dwelling, other structures, and personal property What is the primary medical payment coverage difference between a boat owners policy and HO3 policy? - =Answer>> the boat owners policy covers injuries to the people on the boat, and the HO3 covers injuries to other outside the home Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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is eligible for the policy, which would you recommend? - =Answer>> HO What additional coverage is provided in DP3 that is not included in DP1? - =Answer>> collapse What is one reason a person may purchse a dwelling policy insyead of homeowners policy? - =Answer>> the owner does not reside in the dwelling Which of the following perils is included in the broad form, but not in the basic form - =Answer>> falling objects Which peril(s) is/are included in vacancy permit endorsement? - =Answer>> all of the above Which of the following is most likely to be eligible for CA FAIR plan? - =Answer>> a well- maintained dwelling located in a hazardous brush area What is one difference between a homeowners policy and dwelling policy for personal property coverage? - =Answer>> there is no appreciable difference What perils are insured against under the "additional coverage's propery removed" of a homeowners policy? - =Answer>> all perils What additional coverage's are available under the scheduled personal property endorsement that is not Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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available under an unendorsed homeowners policy? - =Answer>> breakage of glassware by an earthquake Which exclusion in the "causes of loss-special form" excludes coverage for mudflow - =Answer>> water(flood) Under abuilding and personal property coverage form, if the insured has been vacant for more than 60 consecutive days. What effect will this have on vandalism loss - =Answer>> the loss is excluded What is the primary difference between a HO2 and a HO policy? - =Answer>> property insured under coverage A How much coverage, if any, is available under HO3 for landlord's furninshgs? - =Answer>> ...$2, What additional coverage does a DP2 have compared to a DP1? - =Answer>> additional living expenses Ordinance or law coverage provides protection which of the following losses - =Answer>> the increased expense incurred for the insurer to repair or rebuild property according to building code specification Jack, a condo owners, wants a fire and allied lines coverage for personal property, liability coverage for him and family members, and protection for assessments or damage for the building structure and other common areas. Which homeowners form would you recommend - =Answer>> HO Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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An insured duties after a loss are described in the homeowner's section 1 conditions. Which of the following is NOT a correct statement about these duties? The insured must: - =Answer>> make all necessary repairs to protect the property from further damage. The expenses is paid by the insured Under section 2 of homeowner's policy, comprehensive personal liability,coverage is extended to which of the following - =Answer>> premsies described in the policy and all personal activities of the insure on or off the described premises Which of the following suggest the need for an attachment of the additional residence rented to others endorsement to an insured's homeowners policy? The insured also owns a two family dwelling rents it our to two families. The insured - =Answer>> is concerned that she might be liable to the renter for liable to the renter for injuries that might occur in connection with the rental Under a standard (ISO)HO3, real property and personal property are covered for the perils on - =Answer>> "all risks", coverage applies to real property , broad form named perils coverage applies to personal property Which of the following is covered under section 2 of a homeowner's policy - =Answer>> all of these are covered Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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All of the following loss exposures are covered under the liability section of a homeowner's policy, EXCEPT - =Answer>> the insured is using his new personal auto, fully registered and licensed, on his premises which includes a large parcel of undeveloped land Damaged caused by burglary of personal property is not covered under which dwelling form(except by endorsement) - =Answer>> basic form Which type of policy would provide both property and liability covergage for the owner of a condonminum as well as for assessments following damage to the building and other structures? - =Answer>> HO In an insured has n Ho3 policy, with replacement cost coverage on the building, what minimum amount must the insured carry to ensure that he has dwelling--$200,00 and other structure --$40,000 replacement cost coverage for a partial loss to ensure the dwelling or other structures if the replacement cost is $10,000 on the dwelling and $32,000 on the other structures - =Answer>> $160,000 on the dwelling and $32,000 on the other structures. Why would an insured want to use HO3 policy instead of dwelling policy? - =Answer>> broader coverage is needed by the insured All homeowners polices specifically describe the duties of the insured following a loss. Identify which of the following is not a duty of the insured following a loss - =Answer>> Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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The coverage that is the broadest, is found in which of the following dwelling insurance contracts? - =Answer>> the special form A standard "unendorsed" HO3 policy would cover which of the following types of losses/ - =Answer>> the insured's furnitutre is damaged when it is removed from the insured's residence during the fire at the residence An individual is driving home from the store with a new 48- inch flat screen TV. An accident occurs and TV is destroyed. The driver carries a homeowners policy (HO) as well as a personal auto policy (PAP). Will the damaged TV be covered? if yes , how? - =Answer>> yes under the personal property party of his HO policy Which of these Dwelling policy types do not include coverage for burglary of personal property - =Answer>> none of these covers theft of personal property, except by endorsement The coverage found under both a homeowners section 2and a comprehensive personal liability policy extends to which of the following? - =Answer>> both personal activities and premises of the insured as well as any activates of the insured that occurs off the named premises A homeowners policy contains liability insurance coverage under section 2. Which of these would be covered under this part of the policy/ - =Answer>> these are all covered Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
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Coverage for personal property under an HO4 with no deductible. Provide coverages for personal property for the insured while vacationing in Europe: the bed and breakfast inn. The hotel they are staying at burns down, the insured's chothing and suitcase are destroyed from the fire: clothing and suitcase--$ 20,000 (replacement cost), jewery--$ 20,000(replacement cost). Additionally , all of this property has depreciated by 20% in value. What will the insurer pay under this policy? - =Answer>> $32, The type of homeowners contract that should be considered and then purchased by one of your propectives insured's, who is a tenant renting 2,500sq foot 2 story house is which of the following - =Answer>> HO What is the coverage under a homeowners policy that is personal property of the insured, when personal property is away from the premises, while the insured is traveling anywhere in the world/ - =Answer>> the identical coverage limits to that of coverage personal property on the premises All of the following meet the definaition of the insured under a HO3 policy, EXCEPT - =Answer>> a 70-year old grandparent residing in an adult care facility Which of the following is reason why someone would purchase a Dwelling policy instead of an HO3? - =Answer>> broader coverage is desired Need Writing 🤔Help? We've Got You Covered! ✍️ 100% NO A I or Plagiarism Guaranteed🤔
