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Florida 6-20 All Lines Claims Adjuster Test Questions And Answers (Verified Answers)
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Question Number 20
Joseph Young, who is insured under a Business Auto policy, is involved in an accident.He and the insurance company disagree on the amount to be paid for the damage to hiscar. Under the terms of the policy, which of the following statements is true:A. Each party engages an appraiser, and the appraisers will select an umpire.B. Mr. Young must accept the insurance company's estimate.C. Each party engages an appraiser, and the appraisers will decide the amount.D. The estimates of both parties will be averaged.
A. Each party engages an appraiser, and the appraisers will select an umpire
✔ Correct Answer:
A. Each party engages an appraiser, and the appraisers will select an umpire
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