Georgia adjuster Study guides, Class notes & Summaries

Georgia Adjuster Exam -with 100% verified solutions-2023

Georgia Adjuster Exam -with 100% verified solutions-2023

2024 GEORGIA ADJUSTER EXAM WITH 100% VERIFIED ANSWERS GRADED A+ Consequential also known as Indirect Loss An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result of the insured lost income. What type of loss is this? Combined Single The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to ...

Georgia Adjuster Exam2Admitted - correct answer Which of the following is the most precise synonym for an "authorized" insurer? Insurers who meet the state's financial requirements and are approved to transact business in the state are considered authorized or admitted into the state as a legal insurer. Replacement cost - correct answer All of the following are additional causes of loss included in the broad form of a commercial property policy EXCEPT Broad form causes of loss adds...

Consequential also known as Indirect Loss Correct Answer: An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Combined Single Correct Answer: The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $500,000. This amount applies to the total of damages for any bodily injury a...

Georgia Adjuster Exam Questions and Answers (correct answers 2023 update)

Georgia Adjuster Exam2 questions with correct answers

2024 GEORGIA ADJUSTER EXAM WITH 100% VERIFIED ANSWERS GRADED A+

What is the NFIP? - answer; National flood insurance program Who is the NFIP under? - answer; Federal emergency management agency Who is flood insurance available for? - answer; Communities participating in the NFIP What must communities do to join the NFIP - answer; Use the floodplain management standards What is a flood insurance rate map (FIRM) - answer; An outline of special hazard areas and flood zones in the community What is a base flood? - answer; A flood that occurs every...

2024 GEORGIA ADJUSTER EXAM WITH 100% VERIFIED ANSWERS GRADED A+