Free New Mexico Public Adjuster Practice Test

Free New Mexico public adjuster practice test

Ten free questions from the AdjusterBase New Mexico course, one from each of ten lessons, with the explanation for every answer. The official New Mexico exam: minimum score 70, PSI.

AdjusterBase is an independent study platform for public adjuster licensing exams in all 50 states, plus free claim education. Find your state course.

This is a short learning exercise, not the official examination or a prediction of passing. Questions cover: Public-adjuster scope and adjuster roles; Resident application and individual qualifications; Exam, renewal, and continuing education; Nonresident and emergency authority; Financial responsibility, entities, and offices; Written contract and pre-signing disclosure; Cancellation, early limits, and compensation; Conduct, contractors, referrals, and settlement control; Fiduciary funds and records; Advertising, enforcement, and claim audit. Answers stay in your browser.

1. Whom does a New Mexico public adjuster represent? The insured client. The insurer that issued the policy Any third-party claimant The contractor repairing the property

2. What is the minimum age for an individual adjuster applicant? 19 20 21 18.

3. What examination does current law require before initial individual adjuster licensure unless an exemption applies? A contractor trade examination No examination for public adjusters A written adjuster examination of sufficient scope. A producer examination only

4. What must a nonresident generally hold before applying? A storm deployment letter alone An active resident or acceptable designated-home-state license of the same type. Only a New Mexico business registration Any producer license

5. What surety-bond amount does OSI currently require of a public adjuster? $10,000. $5,000 $20,000 $50,000

6. When must the PA services contract be in writing? Only after settlement Only for residential losses Only if the fee exceeds $10,000 Before the PA relies on it to perform the engagement.

7. How long does the insured have to rescind under current §59A-13-15? Five calendar days after a catastrophe Fifteen business days Three business days after the contract was signed. 72 calendar hours in every case

8. May an adjuster advance money to a potential client or insured? Yes, below $500 No. Yes, if repaid from proceeds Yes, during a catastrophe

9. In what capacity are claim proceeds and other funds of others held? In a fiduciary capacity. As unrestricted operating revenue As a personal loan to the PA As insurer premium

10. What identifiers must a licensed adjuster’s advertisement display? Only a trade name Only a website address The insurer’s NAIC number The name, address, and license number as they appear in OSI records.

What the full New Mexico course adds

The paid course has 24 lessons, 209 practice questions and 257 flashcards, plus two 100-question timed readiness exams that mirror the exam blueprint. Every question links back to the lesson it tests, and your mistakes collect in a notebook for review. See the New Mexico curriculum and sources or the New Mexico license requirements.

About this practice test

Are these the real New Mexico public adjuster exam questions?

No. They are original AdjusterBase study questions written to the topics the New Mexico course covers. The official exam (minimum score 70, PSI) uses its own confidential items.

How many questions does the full New Mexico course have?

The current edition has 209 practice questions with explanations, 257 flashcards and two 100-question timed readiness exams. These ten are drawn from that bank.

Do I need an account to take this test?

No. Your answers stay in your browser and are not sent to a server. A free account is only needed to save progress inside a paid course.