Question 1
Which valuation method reimburses a claimant for the cost to replace damaged property with new property of like kind and quality?
Correct Answer:
Replacement Cost Value
Question 2
Actual Cash Value (ACV) is most commonly calculated as:
Correct Answer:
Replacement cost minus depreciation
Question 3
A California adjuster is assessing a fire-damaged roof with 15-year-old shingles that have a 20-year lifespan. What depreciation percentage applies?
Correct Answer:
75%
Question 4
Which document is primarily used by California adjusters to itemize and estimate structural repair costs on a property loss?
Correct Answer:
Xactimate or similar estimating software report
Question 5
When a total loss is declared on a vehicle in California, the settlement is generally based on:
Correct Answer:
The pre-loss fair market value
Question 1
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About this Exam

Prepare with the Certified Adjuster Designation (CA) practice quiz. This question bank includes 100 questions covering adjuster, designation, insurance, property, and trends. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Certified Adjuster Designation (CA)

This practice set contains 100 questions from the matching question bank and focuses on adjuster, designation, insurance, property, and trends. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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