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!

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What does the 10/20/10 rule relate to?

  1. Liability and property damage coverage amounts

  2. Minimum requirement of adjuster's professional conduct

  3. Levels of insurance claim validation

  4. Components of an insurance policy

The correct answer is: Liability and property damage coverage amounts

The 10/20/10 rule is a guideline for the amounts of liability and property damage coverage that a driver should have on their auto insurance policy. Option B, minimum requirement of adjuster's professional conduct, may seem plausible because insurance adjusters are expected to act with professionalism, but it is not related to the 10/20/10 rule. Option C, levels of insurance claim validation, is also unrelated to the 10/20/10 rule as it refers to the process of verifying the validity of an insurance claim, not the coverage amounts. Option D, components of an insurance policy, is not directly related to the 10/20/10 rule, although liability and property damage coverage would typically be included in an insurance policy. Hence, the correct answer is A, as it directly relates to the specific coverage amounts outlined in the 10/20/10 rule.