Exam topics

Showing 131–140 of 280 articles · Page 14 of 28

• Insurance agent vs. adjuster vs. risk managerAn insurance agent solicits, negotiates, or helps place insurance for an insurer or client. An adjuster investigates and evaluates claims and may nego…
• Open-peril dwelling coverage under an HO-3 policyIn a standard HO-3 structure, the dwelling and usually other structures have open-peril coverage: direct physical loss is covered unless excluded or l…
• Salvage vs. subrogation in insurance claimsSalvage is the remaining value or recovery from damaged insured property after a loss, such as a wrecked vehicle sold for parts. Subrogation is the in…
• Business Property Limits in Homeowners InsuranceA homeowners policy may cover some property used for business, but it commonly applies special limits that are much lower than the general personal-pr…
• Trees, Shrubs, and Plants in Homeowners InsuranceHomeowners insurance may cover trees, shrubs, and plants when a covered cause of loss damages them, but landscaping coverage is commonly subject to a …
• Rental Reimbursement and Transportation Expense CoverageRental reimbursement coverage is an optional auto coverage that can pay a stated amount toward temporary transportation when an insured auto is unavai…
• Builders Risk InsuranceBuilders risk insurance is property coverage designed for a building or project while it is being constructed, renovated, or installed. Depending on t…
• Commercial Inland Marine FloatersCommercial inland marine insurance is a broad category of property coverage for exposures that do not fit neatly within a building-centered commercial…
• The Texas Risk Manager LicenseTexas regulates risk managers under Insurance Code Chapter 4153. TDI’s current application guidance tells resident individuals to pass the required ex…
• Bailee CoverageA bailee is a person or business that temporarily possesses property owned by someone else for a purpose such as repair, storage, cleaning, or transpo…