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About this topic: Adjuster Basics and Licensing
Adjuster basics cover the types of adjuster (staff, independent, public), licensing and continuing-education requirements, the adjuster's duties to the insurer and the insured, and the stages of a claim from first notice to closure. This is one of 9 Insurance Adjuster questions on adjuster basics and licensing, each with a full explanation on a single study page.
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Adjuster Basics and LicensingA policy has a $100,000 per-occurrence liability limit and a $300,000 aggregate limit. Two separate claims of $80,000 and $90,000 occur in the same policy year. What is the total payout?
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