NC Public Adjuster study guide
NC Public Adjuster · Work through your exam, one topic at a time.
The North Carolina public adjuster license is a state credential that lets you represent policyholders - not insurers - when they pursue first-party property and casualty claims. Candidates typically reach it by passing a licensing exam administered for the state through Pearson VUE, then applying through the North Carolina licensing office. The NC Public Adjuster study guide has 8 sections and about 2,460 words.
01North Carolina Adjuster Statutes, Rules, and Regulations
North Carolina licenses adjusters through the Commissioner of Insurance and the Department of Insurance under Chapter 58 and Title 11 of the Administrative Code. The exam separates company or staff adjusters, independent adjusters, and public adjusters.
314 words, about 2 min02Insurance Principles and Concepts
Insurance transfers a defined risk from an insured to an insurer in exchange for premium. Insurable interest is the legal or economic stake that supports the contract; for property insurance it must exist at the time of loss.
276 words, about 1 min03Property and Casualty Insurance Basics
A property or casualty policy has declarations, an insuring agreement, conditions, exclusions, definitions, and endorsements. Declarations identify the insured, locations, limits, deductible, and policy period.
283 words, about 1 min04Dwelling and Homeowners Policy Coverage
Homeowners forms are numbered by breadth. HO-3 insures the dwelling on a special, open-peril basis and personal property on a broad named-peril basis.
346 words, about 2 min05Commercial Property and Inland Marine Coverage
The Commercial Package Policy combines coverage forms and causes-of-loss forms. The Building and Personal Property Coverage Form covers the building, business personal property, and personal property of others.
316 words, about 2 min06Auto and Liability Insurance Coverage
The personal auto policy uses Coverage A liability, B medical payments, C uninsured and underinsured motorists, D collision, and other-than-collision. North Carolina requires liability limits of at least 30,000 per person and 60,000 per accident for bodily injury and $25,000 for property damage.
311 words, about 2 min07Claims Handling, Investigation, and Adjustment Practices
A property claim moves through notice, acknowledgment, coverage verification, investigation, reserving, documentation, valuation, negotiation, payment, and subrogation. The first coverage question is whether the policy was in force and the claimed property and peril are covered.
287 words, about 1 min08Public Adjuster Contracting, Ethics, and Consumer Protection
A public adjuster contract must be written and signed, identify the insured and the loss, describe the services, state the compensation clearly, and disclose the insured's right to cancel within three business days. The fee should identify whether the percentage is calculated on the gross or net claim payment and how it is earned.
327 words, about 2 min