Online Access Free NY-Independent-General-Adjuster Practice Test

After a loss occurs to an insured automobile, according to the conditions of a personal automobile insurance policy, what MUST the insured party do?

• A.Permit the insurer to inspect the vehicle before it is repaired.
• B.Refrain from legal action without the insurer's approval.
• C.Report the vehicle collision to the local police.
• D.Ensure premiums are paid up to date.

Broad theft coverage may ONLY be endorsed on a Dwelling Policy if the

• A.insured personal property belongs to the landlord.
• B.insured is the landlord.
• C.building is vacant.
• D.insured is the owner-occupant.

According to the conditions of Commercial General Liability (CGL), what are the insured's duties in the event of an occurrence, claim, or suit?

• A.They must promptly notify the insurer of an occurrence that may result in a claim.
• B.They must provide written notice of a claim or suit within 7 days of an occurrence.
• C.They should provide notice to the insurer of all business matters.
• D.They should cooperate and assist in the investigation of a claim if they feel they can be helpful.

Under a Crop-Hail insurance policy, which of the following is true?

• A.It restores the amount of insurance after each loss.
• B.It covers only damage to the insured crop.
• C.It automatically covers rain, wind, hail, and frost damage.
• D.It covers the crop as soon as it is planted.

Under an equipment breakdown coverage form, a breakdown would include

• A.wear and tear.
• B.leakage of valves.
• C.failure of a safety device.
• D.explosion of a pressure vessel.