Property and Casualty Adjuster — Information & Free Practice
US-MN · Examination information
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Property and Casualty Adjuster
- Provider
- PSI Services LLC
- Format
- Written examination
- Exam questions
- 35 scored questions
Examination outline
Licensing - 4 items
- License Requirements for Adjusters
- License Classes
- License Exemptions for Adjusters
- Powers of the Commissioner of Commerce
- Ethical Standards
Insurance Contract - 5 items
- Basic Components
- Basic Components / Elements
- Basic Components / Characteristics
- Basic Components / Legal Rights of Parties
- Types of Policies
- Types of Policies / Homeowners
- Types of Policies / Personal Automobile
- Types of Policies / Commercial Policies
- Types of Policies / Farm Policy
- Types of Policies / Inland Marine-Personal Article Floater and Pleasure Craft
- Types of Policies / General and Excess Liability and Umbrella
Analyzing Coverage - 7 items
- Declarations
- Coverages
- Definition of the Insured
- Limits of Insurance
- Conditions
- Exclusions
- Insuring Agreement
- Duties of the Insured
- Obligations of the Company
- Additional (supplementary) Payments
- Vacancy and Unoccupancy
- Abandonment
- Mortgagee Rights
- Proof of Loss
- Assignment
Adjustment Process - 9 items
- Loss Information
- Investigation
- Evaluation
- Evaluation / Suspected Fraudulent Claims
- Settlement
- Settlement / Replacement Cost
- Settlement / Actual Cash Value
- State Value Policy
- Remedies for Disputes
- Remedies for Disputes / Arbitration
- Remedies for Disputes / Litigation
- Remedies for Disputes / Appraisal
- Minnesota Insurance Unfair Claims Practices Act
Types of Loss Investigation and Adjustment - 5 items
- First-Party Losses
- First-Party Losses / Building
- First-Party Losses / Condominium
- First-Party Losses / Individual Contents
- First-Party Losses / Business Contents
- First-Party Losses / Business Interruption and Extra Expense
- First-Party Losses / Crime
- First-Party Losses / Flood and Mudslides
- Automobile Physical Damage
- No-Fault / Personal Injury Protection
- Underinsured/Uninsured Automobile
- Third-Party Bodily Injury
- Third-Party Property Damage
Additional Terms and Insurance-Related Concepts - 5 items
- Accident
- All-Risk
- Coinsurance
- Comparative Negligence
- Contribution
- Depreciation
- Hazard
- Indemnity
- Insurable Interest
- Liability
- Loss
- Negligence
- Occurrence
- Perils
- Risk
- Salvage
- Subrogation
- Waiver
Examination sources
- PSI — Property and Casualty Adjuster Content Outline
Complete published content outline, page 1
- PSI — Property and Casualty Adjuster Content Outline
Complete published content outline, page 2
- PSI — Property and Casualty Adjuster Content Outline
Scoring heading, page 1
- Minnesota Statutes Chapter 72B — Insurance Adjusters
72B.041, subdivision 4(a), written examination and scope
- PSI — Property and Casualty Adjuster Content Outline
Separate line-specific examination heading, page 1
- Minnesota Statutes Chapter 72B — Insurance Adjusters
72B.03, subdivision 2(a)–(b), classes and lines of authority
- Minnesota Department of Commerce — Adjusters
Resident Independent — examination instruction
- PSI — Minnesota Insurance program
General Information — insurance exams for Minnesota Department of Commerce