Reviewed by the CoveragePrep editorial team · Sources: state insurance departments, statutes, exam candidate handbooks · How we research

Tools

Insurance claim calculators

The formulas adjusters use every day, and that licensing exams test, as simple calculators. Each one shows the math step by step with a worked example, so you can check a settlement or study for the exam.

Coinsurance penalty calculatorWhat a commercial property claim pays when the building is underinsured, using the ISO CP 00 10 formula.Homeowners 80% rule calculatorWhether a home claim is paid at full replacement cost, and the HO-3 settlement when it is not.Actual cash value and depreciationReplacement cost, depreciation, ACV and the recoverable depreciation you collect after repairs.Hurricane deductible calculatorTurn a 1% to 10% hurricane, named storm or wind and hail deductible into dollars.Independent adjuster earningsEstimate catastrophe deployment income from a fee schedule, claims per week, split and expenses.

Practice the math for your exam

Calculation questions are some of the easiest points on an adjuster exam once you know the formula. After trying the calculators, work through our adjuster math practice test, where every answer shows the full calculation.