KY Claims Adjuster study plan

Define the core insurance vocabulary (insured, premium, deductible, limit, coinsurance, indemnity, subrogation, proximate cause) in your own words

Distinguish the major policy structures (occurrence vs. claims-made, named-peril vs. all-risk, monoline vs. package) with one example each

Map the six-step claims handling process from first notice of loss through closing

Set up a claim file template that captures FNOL data, coverage analysis, and diary dates

Draft a coverage-analysis memo for three scenarios, applying insuring agreement, exclusions, and conditions in order

Identify what evidence is needed to prove or disprove a loss (proof of loss, inspection reports, photos, receipts, recorded statements)

Apply the concepts of actual cash value, replacement cost, and depreciation to calculate three sample property settlements by hand

Explain the adjuster's duty to document each claim decision with a written rationale

Compare HO-3, HO-5, and DP-1 forms on perils covered, valuation, and loss-of-use provisions

Interpret deductible, coinsurance, and replacement-cost conditions to resolve five short claim fact patterns

Analyze common property exclusions (flood, earth movement, ordinance or law, intentional loss, neglect) against fact patterns

Outline the appraisal and salvage/subrogation provisions and explain when each applies

Differentiate CGL occurrence and aggregate limits and apply them to a multi-claimant scenario

Explain comparative fault, contributory negligence, and joint and several liability as they affect casualty claim evaluation

Identify coverage triggers for bodily injury, property damage, personal and advertising injury in general liability and auto policies

Describe how workers' compensation and employer's liability interact with third-party liability claims

Calculate damages in three casualty scenarios including medical specials, lost wages, and general damages ranges

Summarize Kentucky requirements for adjuster licensing, appointment, and continuing education

Identify Kentucky-specific rules on claim acknowledgment, investigation timelines, and written communication with claimants

Distinguish the roles of the Kentucky Department of Insurance and the adjuster in the complaint process

Explain the Kentucky unfair claims settlement practices provisions and list at least ten prohibited acts

Describe the consequences of bad-faith handling in Kentucky, including the statutory and common-law frameworks

Outline the adjuster's authority limits, recordkeeping duties, and privacy obligations under state and federal rules

Apply Kentucky prompt-payment and notice rules to five short fact patterns and state the correct compliance response

Build a negotiation plan for three claims using reservation price, target range, and documented rationale

Evaluate settlement options (lump sum, structured, release terms, subrogation waiver) and their consequences

Revisit fundamentals gaps by re-testing the 40-term glossary and correcting every missed definition

Practice documenting a settlement recommendation that would withstand regulatory review

Complete two full-length timed practice exams and score each by domain

Re-teach every domain where practice accuracy falls below 80 percent

Drill the highest-frequency Kentucky law and unfair claims practices items until recall is automatic

Write a one-page exam-day strategy covering question order, flagging, and time per item