10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
These 10 free NY-IA questions are organized by exam domain, so you can see how each part of the New York Independent General Adjuster Exam (Series 17-70) blueprint is tested. Reveal the answer and explanation under each question.
A New York independent adjuster holding only the General type is assigned an employee-dishonesty claim under a fidelity bond. How is that assignment classified under 11 NYCRR §26.3?
Correct answer: C - It requires the separate Fidelity and Surety authority in subdivision (h)
A building valued at $600,000 is insured for $360,000 under an 80% coinsurance clause. A covered loss is $120,000, the deductible is $2,000, and no other limit applies. What is the insurer's payment?
Correct answer: B - $88,000
A liability complaint triggers the insurer's duty to defend, but facts under investigation may support a policy exclusion. The insured refuses to sign a nonwaiver agreement. What should the insurer do next?
Correct answer: C - Send a timely, specific reservation-of-rights letter and continue the defense
A single receipt in a property claim has altered metadata and conflicts with the insured's earlier statement. No other evidence yet establishes fraud. The adjuster should:
Correct answer: A - Preserve, authenticate, document, and refer through SIU if the facts warrant it
An HO-3 (2011) fire destroys a $4,000 wristwatch and causes $4,000 of covered expense to research and replace destroyed securities records. The items are not scheduled, Coverage C is otherwise adequate, and no endorsement changes the form. Before the deductible, which limit treatment is correct?
Correct answer: D - The watch is not capped by the theft-only limit; securities are limited to $1,500
An eligible New York no-fault claimant cannot work for one full month and substantiates $2,100 in lost earnings. No offsets apply, and the $50,000 basic economic loss limit has not been exhausted. What monthly work-loss benefit is payable?
Correct answer: A - $1,680
At a collision-storage yard, an adjuster sees a crushed electric-vehicle battery enclosure, exposed orange high-voltage cabling, heat, and intermittent popping sounds. What should happen first?
Correct answer: A - Isolate the vehicle and call qualified emergency or EV personnel
An owner-occupied warehouse has used only 25% of its floor area for customary operations during the 75 consecutive days before vandals damage the building. No construction or renovation is underway. Under the standard commercial property vacancy condition, how is the vandalism loss treated?
Correct answer: B - Not covered because the building was vacant for more than 60 days
During a covered suspension, records support $80,000 of net income that would have been earned, $120,000 of continuing normal operating expenses, $25,000 of actual net income earned, and $35,000 of expenses avoided. Before any waiting period, coinsurance, or limit, what is the business income loss?
Correct answer: C - $140,000
A contractor completes and turns over a staircase at a customer's building. Three weeks later, a concealed installation defect causes the staircase to collapse, injuring a visitor and damaging the owner's contents. For CGL classification, the claim most directly falls within:
Correct answer: D - Products-completed operations, because the work had been completed
The NY-IA exam also covers these domains. Drill them in the full free practice test:
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