Adjuster’s Role in Claims Quiz

Question 1 of 2

1. Question

Which steps are required for an adjuster to determine if a claim is valid? Choose all that apply.

1. Settle losses
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2. Verify policy coverage
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3. Investigate
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4. Value damages
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Correct

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Question 2 of 2

2. Question

What are claim reserves?

1. They are funds that the insurer is legislatively required to set aside to investigate and pay for reported claims.
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2. They are funds that the insurer is legislatively required to set aside to pay for reported claims.
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3. They are funds that the insurer may choose to set aside to investigate and pay for reported claims.
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4. They are funds that the insurer may choose to set aside to investigate and pay for reported claims.
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Correct

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