Florida Insurance Claims Adjuster License Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

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.

Start Multiple Choice Practice Test
Start Flash Cards

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.

Which is the largest limit available for commercial vehicles in the residual market?

  1. A. Any higher limits required by any law

  2. B. 100/300/50

  3. C. 250/500/250

  4. D. 250/500/100

The correct answer is: A. Any higher limits required by any law

In the commercial vehicle market, there are several limit options available for insurance coverage. Option B, 100/300/50, represents a limit of $100,000 for bodily injury coverage per person, $300,000 for bodily injury coverage per accident, and $50,000 for property damage coverage. Option C, 250/500/250, represents a limit of $250,000 for bodily injury coverage per person, $500,000 for bodily injury coverage per accident, and $250,000 for property damage coverage. Option D, 250/500/100, represents a limit of $250,000 for bodily injury coverage per person, $500,000 for bodily injury coverage per accident, and $100,000 for property damage coverage. However, the largest limit available for commercial vehicles in the residual market is any higher limits required by law, as stated in option

More Questions Like This