Arkansas Insurance Adjuster Practice Exam

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Prepare for the Arkansas Insurance Adjuster Exam with flashcards and multiple choice questions, each offering hints and explanations. Equip yourself for your test confidently!

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.

The job of the adjuster can best be described as:

Getting the best possible settlement for the claimant.
Getting the best possible settlement for the insurer.
Comparing claimant's losses to promises made in insurance policy.
Completing the settlement process as quickly as possible.

The correct answer is: Comparing claimant's losses to promises made in insurance policy.

Adjusters are responsible for reviewing and evaluating claims and making a determination on the amount of compensation that the claimant is entitled to under their insurance policy. By comparing the claimant's actual losses to the specific coverage and promises outlined in their policy, the adjuster ensures that the claimant receives a fair and accurate settlement. Option A is incorrect because the adjuster's main priority is not just to get the best settlement possible for the claimant; it is to accurately determine what the claimant is entitled to. Option B is also incorrect because the adjuster is not solely focused on getting the best settlement for the insurer either. Option D may be a secondary goal, but the adjuster's main responsibility is to ensure a fair settlement.