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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In what capacity do Independent Adjusters work?

Salaried by insurers
On a fee-plus-expenses basis
Offer services on a fee-for-service basis
As salaried employees of adjustment bureaus

The correct answer is: On a fee-plus-expenses basis

Independent adjusters are self-employed and select clients on a fee-plus-expenses basis. This means they are paid by clients on a per-service basis, receiving a fee in addition to expenses earned while working for that client. Options A, C, and D involve a direct salary payment instead of a separate fee. This would require employers or bureaus to pay for expenses, which is typically not the arrangement or practice for independent adjusters.