Free OK-ADJ Practice Questions

Question 1

An Oklahoma public adjuster is already representing a homeowner on a fire claim for a percentage fee. The insurer then offers the same person a paid independent-adjuster assignment on that claim. Which response complies with Oklahoma licensing law?

Accepted Answer

Decline; Oklahoma prohibits both roles on the same claim

Answer

Accept both roles after obtaining the homeowner's written consent

Answer

Accept the insurer assignment if the carrier pays an hourly fee

Answer

Accept through a separate business entity while keeping the homeowner contract

Question 2

An Oklahoma auto claim has a preloss actual cash value of $22,000, an estimated repair cost of $18,400, and anticipated salvage value of $4,200. Under Oklahoma's total-loss test, how should the adjuster classify the vehicle?

Accepted Answer

Total loss; repair cost plus salvage value is greater than actual cash value

Answer

Repairable, because the repair estimate is below actual cash value

Answer

Repairable, because salvage value is subtracted from repair cost

Answer

A total loss only if the repair estimate alone exceeds actual cash value

Question 3

The Oklahoma Insurance Department sends an insurer a written claim-file inquiry under the Unfair Claims Settlement Practices Act. No extension is requested, and the insurer responds 23 calendar days later. Which assessment is correct?

Accepted Answer

Untimely; this inquiry has a 20-calendar-day response period

Answer

Timely, because every Department inquiry allows 30 calendar days

Answer

Timely, because claim-file inquiries allow 30 business days

Answer

Timely, because a seven-day extension applies automatically

Question 4

An Oklahoma policy provides 25/50/25 liability limits. The covered auto is temporarily driven in a Canadian province whose compulsory minimum is 50/100/50, where it causes an accident. Which limits govern that accident?

Accepted Answer

50/100/50 under the policy's higher-limits conformity provision

Answer

25/50/25, because Oklahoma limits follow the vehicle everywhere

Answer

50/100/25, because only bodily-injury limits increase automatically

Answer

No coverage until the insured buys a Canadian endorsement

Question 5

An at-fault driver's liability insurer tenders its limits. The injured Oklahoma insured sends the uninsured/underinsured motorist (UM) carrier a complete certified-mail notice package and then hears nothing for 70 days. What is the best-supported result?

Accepted Answer

The insured may settle; the 60-day substitution period expired

Answer

The insured must keep waiting until the UM carrier gives written consent

Answer

The insured loses UM coverage by negotiating with the liability carrier

Answer

The insured must reject the limits and sue the tortfeasor first

Question 6

An employee suffers a deep work-related laceration with uncontrolled bleeding. The employer's designated physician cannot see the employee until the next morning. Under Oklahoma workers' compensation law, what should occur?

Accepted Answer

The employee may obtain emergency care without delay

Answer

The employee must wait because the employer controls physician selection

Answer

The employee must give the employer five days to arrange care

Answer

The employee should use personal health insurance until compensability is accepted

Question 7

Wind tears an opening in the roof of a residence insured under a standard HO-3 homeowners form, and rain enters only through that opening, damaging the dwelling and unscheduled household contents. No exclusion or sublimit otherwise applies. Which coverage analysis is most accurate?

Accepted Answer

Both may be covered; wind is covered and created the required opening

Answer

Only the dwelling damage is covered because Coverage C excludes rain

Answer

Only the contents damage is covered because Coverage A excludes interior water

Answer

Neither loss is covered because rain entering a building is always flood

Question 8

Surface water temporarily inundates only two neighboring homes, including the insured dwelling, and covers less than one acre in total. Under the NFIP-style definition, how is the event classified?

Accepted Answer

A flood; two properties are inundated, including the insured dwelling

Answer

Not a flood, because at least two acres must always be inundated

Answer

Not a flood, because both properties must be insured under NFIP

Answer

A flood only if the water came from a river or tidal source

Question 9

A commercial building has met the standard vacancy definition for 75 consecutive days. A covered fire then causes $200,000 of damage. Ignoring limits and deductibles, how does the vacancy condition affect payment?

Accepted Answer

$170,000; fire is subject to the 15% vacancy reduction

Answer

$0, because every loss after 60 vacant days is excluded

Answer

$200,000, because vacancy affects only vandalism and theft

Answer

$30,000, because only 15% of the covered loss remains payable

Question 10

A grocery store's refrigeration compressor suffers a sudden electrical failure, damaging the compressor and spoiling food. Its equipment breakdown policy includes property damage and spoilage coverage, and no exclusion applies. Which adjustment is most consistent with the policy?

Accepted Answer

Apply property-damage coverage to the compressor and spoilage coverage to the food

Answer

Deny both because mechanical breakdown is excluded by ordinary property insurance

Answer

Cover the compressor only because spoilage is always an indirect-loss exclusion

Answer

Cover the food only because equipment breakdown never pays for failed machinery

Free OK-ADJ Practice Questions

Domain 1: Licensing (5 questions)

Question 1

Domain 2: State Insurance Statutes, Rules, and Regulations (6 questions)

Question 2

Question 3

Domain 3: State Automobile Insurance Laws (6 questions)

Question 4

Question 5

Domain 4: State Workers' Compensation (3 questions)

Question 6

Domain 5: Personal and Commercial Property Policies (17 questions)

Question 7

Question 8

Question 9

Question 10

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