Florida Insurance Claims Adjuster License Practice Exam

Fee Adjusters are characterized by which of the following?

1. Working for multiple insurers

2. Salaried by one insurer

3. Affiliated with bureaus

4. Self-employed

The correct answer is: Working for multiple insurers

Fee adjusters are independent insurance adjusters who are not directly employed by any single insurance company. This allows them to work with multiple insurers and provide their services to multiple clients, making option A the most accurate choice. Option B is incorrect as it suggests employees directly work for one insurer. Option C may be a bit misleading as bureau fits the definition of a central government department or a private agency designed to serve a special or particular function. In this case, this refers to the ability of fee adjusters to affiliate with various bureaus to expand their services. Option D is incorrect as fee adjusters do not work for themselves, they are hired by clients to adjust claims on their behalf.