Florida Insurance Claims Adjuster License Practice Exam

Disable ads (and more) with a membership for a one time $4.99 payment

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!

Practice this question and more.

When a company incorporated in Massachusetts does business in Florida, what type of company is it considered in Florida?

Unauthorized company
Domestic company
Foreign company
Alien company

The correct answer is: Foreign company

A company incorporated in Massachusetts is considered a foreign company in Florida, as it is conducting business outside of its state of incorporation. An unauthorized company is one that does not have the proper permits or licenses to conduct business in a specific state. A domestic company is one that is incorporated and conducts business within the state in which it was incorporated. An alien company is one that is incorporated outside of the United States and conducts business within the country.