OK Public Adjuster study plan
OK Public Adjuster · Give each week a clear focus.
8 weeks · About 7 hours per week
Insurance Principles and Terminology & Property Insurance Basics and Policy Structure
Define the core indemnity, insurable interest, and utmost good faith principles in your own words and match each to a claim scenario
Distinguish named-peril, open-peril, and all-risk policy structures and identify which form type a sample declarations page reflects
Map the standard policy anatomy (declarations, insuring agreement, conditions, exclusions, definitions) onto a blank outline
Build a 40-term glossary covering coinsurance, deductible, occurrence, actual cash value, replacement cost, and subrogation
Your checkpoint
A one-page policy anatomy diagram plus a 40-term glossary with a one-sentence definition for each
Dwelling and Homeowners Coverage Forms & Property Insurance Basics and Policy Structure
Compare HO-2, HO-3, HO-5, HO-6, and HO-8 coverage triggers and list which perils each form covers
Trace how Coverage A through Coverage F limits interact on a sample homeowners declarations page
Calculate a loss settlement under HO-3 replacement cost with a percentage deductible and show each step
Identify the conditions that trigger loss of use, additional living expense, and fair rental value payments
Your checkpoint
Three worked loss-settlement problems with step-by-step math and a coverage-limit crosswalk table
Commercial Property and Business Income Coverage & Perils, Exclusions, and Endorsements
Differentiate commercial property forms (building and personal property, causes of loss basic/broad/special) by coverage trigger
Compute a coinsurance penalty and explain how agreed value and reporting forms change the calculation
Explain business income, extra expense, and period of restoration mechanics using a short interruption scenario
Classify ten common exclusions as absolute, anti-concurrent causation, or endorsement-curable
Your checkpoint
A coinsurance and business income worksheet with four solved scenarios and an exclusion classification chart
Claims Handling, Loss Adjustment, and Damage Valuation & Perils, Exclusions, and Endorsements
Sequence the claim lifecycle from notice of loss through proof of loss, investigation, and settlement
Apply actual cash value, replacement cost, and functional/obsolescence depreciation to the same damaged roof and compare results
Draft a scope-of-damage outline for a water-loss claim that separates covered interior damage from excluded mold remediation
Identify endorsement types that add coverage, restrict coverage, or change valuation method
Your checkpoint
A mock claim file for one property loss containing a scope outline, valuation comparison, and settlement recommendation
Claims Handling, Loss Adjustment, and Damage Valuation & Oklahoma Insurance Statutes and Regulations
Explain the appraisal and arbitration provisions and when each applies to a disputed loss amount
Summarize Oklahoma claim-handling timing and notice requirements and unfair claim settlement practices prohibitions
Locate the Oklahoma statutes governing adjuster conduct and cite the section number for three key provisions
Analyze a bad-faith fact pattern and identify which statutory standards were potentially violated
Your checkpoint
A statute-and-regulation citation sheet with at least ten Oklahoma provisions and a short bad-faith case analysis
Public Adjuster Licensing, Duties, and Ethical Practices & Oklahoma Insurance Statutes and Regulations
Outline Oklahoma public adjuster licensing requirements including application, examination, bond, and continuing education
Describe the contract requirements between a public adjuster and insured, including fee limits and cancellation rights
Distinguish permissible public adjuster conduct from prohibited solicitation and compensation practices
Draft a client-intake checklist that satisfies disclosure and conflict-of-interest obligations
Your checkpoint
A licensing and ethics compliance checklist plus a sample compliant public adjuster contract outline
Commercial Property and Business Income Coverage & Claims Handling, Loss Adjustment, and Damage Valuation & Public Adjuster Licensing, Duties, and Ethical Practices
Integrate valuation, coinsurance, and business income concepts in a multi-peril commercial loss exercise
Practice negotiating a disputed scope with a hypothetical insurer position and document the rebuttal
Review ethical duties around contingent fees, recordkeeping, and representing the insured only
Time yourself on a 60-question mixed-domain practice set and log every missed concept
Your checkpoint
A full commercial loss adjustment memo plus a scored practice-set log with error analysis
Insurance Principles and Terminology & Property Insurance Basics and Policy Structure & Dwelling and Homeowners Coverage Forms & Commercial Property and Business Income Coverage & Perils, Exclusions, and Endorsements & Claims Handling, Loss Adjustment, and Damage Valuation & Oklahoma Insurance Statutes and Regulations & Public Adjuster Licensing, Duties, and Ethical Practices
Re-drill every missed concept from week 7 until you can explain each without notes
Complete two timed full-length practice exams and compare domain-level scores
Recite Oklahoma licensing and claim-handling requirements from memory in a five-minute self-quiz
Build a one-page formula and definition sheet for final review
Your checkpoint
Two scored practice exams with a domain-by-domain improvement report and a final one-page review sheet
Milestones
Week 2: Score at least 75% on a self-made 30-question quiz covering domains 1 through 3, and correctly solve two homeowners loss-settlement problems without referencing notes
Week 4: Complete the mock claim file and correctly apply coinsurance and business income formulas in at least three of four scenarios
Week 6: Cite at least ten Oklahoma statutes or regulations from memory with correct section numbers and pass a 20-question ethics and licensing quiz at 80% or higher
Week 8: Achieve 80% or higher on both timed full-length practice exams with no domain scoring below 70%