Florida Insurance Claims Adjuster License Practice Exam

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Prepare for the Florida Insurance Claims Adjuster License Exam with this informative quiz. Engage with multiple-choice questions and explanations to boost your understanding and confidence for the official exam.

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!

Practice this question and more.

Property covered by the policy is limited to what criteria?

Any property located within the property bounds
Only business personal property
Property the named insured owns, holds, or is legally liable for
Only leased or rented property

The correct answer is: Property the named insured owns, holds, or is legally liable for

The other options, A, B, and D, are incorrect because they do not cover all possible property that may be covered under the policy. Option A is too broad, as it includes any property even if it is not owned or legally liable for by the named insured. Option B is too narrow, as it only covers business personal property and not all other types of property that the named insured may own or be legally liable for. Option D is also too narrow, as it only covers leased or rented property and not all other types of property covered under the policy. Option C is the most accurate and comprehensive option, covering any property that the named insured owns, holds, or is legally liable for. Thus, limiting the policy criteria to this option ensures that all relevant property is covered.