Free practice test

Claims Adjuster Practice Test

Check what you know about the claims adjuster job with 15 free questions and instant explanations.

Updated By the Career Education Institute Curriculum Team
About this practice test

15 multiple-choice questions on claims adjuster knowledge, safety and vocabulary. Submit to see your score and explanations, or open any question’s answer as you go. Nothing is saved or shared.

Question 1 of 15A deductible is:
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Answer: What the policyholder pays first. Policyholders pay the deductible.

Question 2 of 15ACV equals:
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Answer: Replacement cost minus depreciation. Actual cash value subtracts depreciation.

Question 3 of 15Subrogation means:
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Answer: Recovering costs from a responsible party. Insurers recover from at-fault parties.

Question 4 of 15Common property estimating software is:
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Answer: Xactimate. Xactimate is standard.

Question 5 of 15An exclusion is:
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Answer: Something the policy doesn’t cover. Exclusions limit coverage.

Question 6 of 15Which term matches this definition: “Common property estimating software.”
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Answer: Xactimate. Xactimate: Common property estimating software.

Question 7 of 15What does “Policy” mean?
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Answer: The insurance contract.. Policy: The insurance contract.

Question 8 of 15Which term matches this definition: “Recovering payment from a responsible third party.”
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Answer: Subrogation. Subrogation: Recovering payment from a responsible third party.

Question 9 of 15What does “Exclusion” mean?
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Answer: Something the policy doesn’t cover.. Exclusion: Something the policy doesn’t cover.

Question 10 of 15Which term matches this definition: “Loss of value over time.”
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Answer: Depreciation. Depreciation: Loss of value over time.

Question 11 of 15What does “Actual cash value (ACV)” mean?
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Answer: Replacement cost minus depreciation.. Actual cash value (ACV): Replacement cost minus depreciation.

Question 12 of 15Which term matches this definition: “The cost to replace without depreciation.”
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Answer: Replacement cost value (RCV). Replacement cost value (RCV): The cost to replace without depreciation.

Question 13 of 15What does “Coverage” mean?
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Answer: What the policy pays for.. Coverage: What the policy pays for.

Question 14 of 15Which term matches this definition: “A sworn statement of a claim.”
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Answer: Proof of loss. Proof of loss: A sworn statement of a claim.

Question 15 of 15What does “Claimant” mean?
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Answer: The person making a claim.. Claimant: The person making a claim.

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