MN Claims Adjuster study guide
MN Claims Adjuster · Work through your exam, one topic at a time.
The Minnesota Claims Adjuster license is a state credential that lets you investigate, evaluate, and settle insurance claims on behalf of insurers or insureds in Minnesota. Candidates typically pursue it to work as staff adjusters for carriers, independent adjusters serving multiple insurers, or public adjusters representing policyholders. The MN Claims Adjuster study guide has 10 sections and about 2,933 words.
01Minnesota Insurance Laws, Rules, and Regulations
This domain tests Minnesota's regulatory architecture for insurers and claim handlers: the Commerce Department's authority, chapters 60A and 72A, the No-Fault Act (Minn. §§65B.41–65B.71), and workers' compensation under chapter 176.
309 words, about 2 min02Insurance Principles and Concepts
Insurance principles questions test whether you can apply risk-transfer concepts to policy language. The exam emphasizes indemnity, insurable interest, utmost good faith, adhesion, subrogation, and the limits that make a policy a contract of indemnity rather than a bet.
305 words, about 2 min03Property Insurance Basics and Policy Provisions
Property insurance basics tests policy architecture and valuation: what is insured, against what perils, for how much, and when payment is due. Minnesota claims often turn on replacement cost, coinsurance, deductibles, mortgage clauses, and the difference between direct damage and time-element loss.
294 words, about 1 min04Casualty Insurance Basics and Policy Provisions
Casualty insurance basics covers liability coverage: the insured's legal obligation to pay damages because of bodily injury or property damage. The exam tests negligence, occurrence versus claims-made triggers, CGL coverage parts, limits, additional insureds, and the duties that condition coverage.
323 words, about 2 min05Adjusting Practices and Claims Handling
Adjusting practices tests the claim lifecycle: intake, investigation, coverage analysis, reserving, negotiation, settlement, and recovery. Minnesota-specific issues include modified comparative fault, no-fault arbitration, prompt-payment standards, and documentation that supports a good-faith file.
265 words, about 1 min06Auto Insurance
Auto insurance in Minnesota combines tort liability, no-fault benefits, and uninsured and underinsured motorist coverage. The exam tests minimum limits, PIP, the tort threshold, UM and UIM, and priority of coverage.
287 words, about 1 min07Homeowners and Dwelling Insurance
Homeowners and dwelling insurance tests the HO forms, Coverage A through F, perils, exclusions, and Minnesota endorsements. Expect questions on replacement cost, hail and wind deductibles, matching, ordinance or law, and water-related exclusions.
285 words, about 1 min08Commercial Property and Liability Insurance
Commercial property and liability tests business-oriented forms: building and personal property coverage, business income, causes of loss, coinsurance, and the CGL. The exam emphasizes how commercial limits and exclusions differ from personal lines.
284 words, about 1 min09Workers' Compensation and No-Fault
Workers' compensation and no-fault tests two no-fault systems: Minnesota workers' compensation under chapter 176 and auto no-fault under chapter 65B. Expect questions on exclusive remedy, benefits, reporting, PIP priority, and the tort threshold.
292 words, about 1 min10Ethics and Unfair Claims Practices
Ethics and unfair claims practices tests the adjuster's conduct: good faith, honesty, fairness, privacy, and compliance with Minn. The exam expects you to identify unfair practices and choose the response that protects the insured and the integrity of the claim file.
289 words, about 1 min