Florida Insurance Claims Adjuster License Practice Exam

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Prepare for the Florida Insurance Claims Adjuster Test. Access multiple choice questions, flashcards, and detailed explanations to enhance your knowledge and confidence. Start mastering the material today!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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An HO-4 Policy is designed for what type of occupant?

Condo owner
Home owner
All of the above
Renter

The correct answer is: Renter

An HO-4 Policy is designed for renters, as it specifically covers a renter's personal property and liability within a rented dwelling. Option A is incorrect because HO-4 policies do not typically cover the physical structure of a condo, which is usually covered by the condo association's insurance. Option B is incorrect because HO-4 policies do not cover homeowners, who should instead have an HO-3 or HO-5 policy that provides coverage for both the structure and personal property. Option C is incorrect because while both condo owners and renters can benefit from an HO-4 policy, it is specifically designed for renters and may not provide adequate coverage for condo owners. Thus, the best option to protect a renter's personal property and liability would be an HO-4 policy.