Florida Insurance Claims Adjuster License Practice Exam

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How much will be paid to Joe to cover the total loss of his dwelling and the detached garage?

  1. $44,000

  2. $40,000

  3. $46,000

  4. There is no coverage

The correct answer is: $44,000

Based on the information given, Joe will be paid $44,000 to cover the total loss of his dwelling and the detached garage. This amount was determined by his insurance policy, which covers the total cost of the loss. The other options (B, C, and D) are incorrect because they either provide an amount lower than the total loss (B and C) or suggest that there is no coverage at all (D). It is important to carefully review insurance policies to understand the extent of coverage in case of loss or damage.