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Kentucky Adjuster Study Guide

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Section 1 Apply adjuster licensing, renewal, education, and discipline Preview

Preview: Kentucky Insurance Code (16%)

Preview includes
  • 4 of 6 lesson topics
  • 1 overview segment
  • 3 core concepts
  • 2 exam tips

Lesson Topics

  • License classes and scope
  • Application/qualification basics
  • Renewal and address/action reporting
  • Continuing education 24/3

Overview

Highest-yield Kentucky-law domain. Know who may adjust, current licensing/CE rules, and the claim-handling timelines and conduct Kentucky treats as unfair. Separate ordinary claim duties from no-fault, fraud, workers’ compensation, and repair-specific rules.

Core Concepts

  • Kentucky distinguishes independent, staff, public, apprentice, and catastrophe/emergency authority; identify the class before evaluating what the person may do.
  • Resident individual licensure under KRS 304.9-430 includes age/qualification, trustworthiness, examination/fee, and other statutory requirements.
  • Independent/staff adjuster lines include property and casualty, workers’ compensation, and crop as provided by statute.

Exam Tips

  • For any licensing stem identify class, resident/nonresident status, effective date, and whether the requested activity is within authority.
  • Memorize 24/3 CE, 15-day communication, 30-day payment/proof-of-loss, and 45-day continuing-delay checkpoints.
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Section 2 Apply claim handling and investigation Pro
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Section 3 Analyze Section I property coverage Pro
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Section 4 Analyze PAP Parts A through F Pro
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Section 5 Apply Kentucky compensability and benefit rules Pro
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Section 6 Analyze negligence and liability Pro
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Section 7 Apply flood, earthquake, mobile home, inland marine, and watercraft coverage Pro
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Section 8 Analyze CGL coverage parts and forms Pro
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Section 9 Apply unfair-claims, payment, no-fault, fraud, and repair-practice law Pro
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Section 10 Apply crop-hail policy and Kentucky endorsements Pro
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Section 11 Evaluate and dispose of claims ethically Pro
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Section 12 Analyze Section II liability coverage Pro
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Section 13 Apply no-fault, UM/UIM, and endorsements Pro
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Section 14 Apply reporting, limitation, denial, and subrogation requirements Pro
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Section 15 Apply risk and insurability principles Pro
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Section 16 Apply valid-contract elements Pro
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Section 17 Apply representation, concealment, and fraud concepts Pro
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Section 18 Apply policy structure Pro
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Section 19 Apply homeowners endorsements Pro
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Section 20 Compare DP-1, DP-2, and DP-3 Pro
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Section 21 Apply CPP declarations and conditions Pro
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Section 22 Analyze BOP property and liability coverage Pro
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Section 23 Analyze commercial property and builders risk Pro
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Section 24 Analyze crime forms and insuring agreements Pro
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Section 25 Apply workers’ compensation and employers liability coverage Pro
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Section 26 Apply farm, equipment, aviation, professional liability, umbrella, and surety coverage Pro
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Section 27 Apply defenses, absolute liability, and vicarious liability Pro
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Section 28 Apply personal umbrella and FAIR Plan concepts Pro
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Section 29 Apply insured status, limits, conditions, and endorsements Pro
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Section 30 Apply MPCI coverage and claim settlement Pro
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Section 31 Apply insurance terminology Pro
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Section 32 Analyze insurance-contract characteristics and parts Pro
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Section 33 Apply waiver and estoppel Pro
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Section 34 Distinguish exclusions, limitations, and conditions Pro
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Section 35 Apply dwelling policy coverage Pro
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Section 36 Identify eligible coverage parts Pro
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Section 37 Apply conditions and endorsements Pro
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Section 38 Apply business income, causes-of-loss, and endorsements Pro
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Section 39 Apply fidelity bonds, exclusions, and conditions Pro
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Section 40 Recognize federal workers’ compensation laws Pro
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Section 41 Apply terrorism and DIC concepts Pro
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