West Virginia Adjusters Practice Exam 2025 - Free Adjuster License Practice Questions and Study Guide

Question: 1 / 400

What must policyholders do to maintain their insurance coverage?

File claims regularly

Pay their premiums on time

To maintain their insurance coverage, policyholders must pay their premiums on time. Insurance is a contract that requires the policyholder to fulfill certain obligations, with the most critical being the timely payment of premiums. Failure to pay premiums can result in a lapse of coverage, meaning that the policyholder may not be protected against losses.

Timely premium payments ensure that the insurer remains obligated to provide coverage as outlined in the policy. It is in this consistent financial commitment that the relationship between the policyholder and the insurer is upheld. Other factors, such as filing claims or submitting to inspections, may be part of the policy management process, but they do not directly relate to maintaining the essential coverage that the insurance provides.

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Update their policy every year

Submit to annual inspections

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