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State Farm Fire Exam Bundle

Estimatics Exam, Training Exam, Auto Exam Questions, auto external claim Resource, State Farm Fire Exam Questions, Independent Policy Exam, Insurance License Exam, Property Exam, State Farm Fire State Test 100% Correct, State Farm Property Questions

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State Farm Fire Estimatics Exam 100% Correct

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The formula for determining the area of a trapezoid is: Select the single best answer: A. [(Base1 + Base2) ÷ 2] x Height B. ½ Base x Height C. Base x Height D.

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State Farm Fire Training Exam With 100% Correct

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Liability - Answer Protects you if you are presumed by someone else because you hurt them No Fault/One way/PLPD - Answer Liability coverage only (no collision or comprehensive) Standard Collision - Answer Regardless of fault insured has to pay a deductible Broad collision - Answer Insured d...

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State Farm Fire Auto Exam Questions % Answers Already Solved

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Competitive Bids - Answer The competitive bid process requires that two or more repairers submit competitive estimates or "bids" for a specific repair job. The amount of the low, complete bid is generally considered to be the "competitive" price and is used as the basis for settlement. In all ...

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State farm Fire auto external claim Resource Certification Exam 100% Correct

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You're preparing an estimate on a customer's vehicle that requires refinishing of the hood and right front fender only. The hood is the first panel listed on the estimate. According to most Collision Estimating Guides, would refinish overlap be applicable on the hood? Choose the most correct state...

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State Farm Fire Exam Questions With Verified Answers

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Who owns thier renewals - Answer Independents Events that may NOT be recovered by insurance are - Answer Gambling, investing, market value of home What underlying coverages typically are required for an umbrella - Answer Auto and Personal Conditions that prohibit assignments of the policy -...

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State Farm Fire Independent Policy Exam With Complete Solution

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Select the false statement listed below: In the HO-3 policy, the ALE payments will be made only for: Select the single best answer: A. The shortest time necessary to repair or replace the damaged property, but not to exceed 24 months. B. If the insured does not rebuild, the time necessary for...

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State Farm Fire Insurance License Exam Correct 100%

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Abandonment Condition - Answer A condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Accident - Answer A loss that occurs at a specific time and place Actual Cash Va...

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State Farm Fire Property Exam With Complete Solution

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In property insurance actual cash value is defined as which of the following - Answer Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - Answer the cause of loss insured against What is a leading factor in the determination of actual cash value - Answ...

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State Farm Fire State Test 100% Correct

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Insurance producer - Answer An individual or an entity authorized in writing by a lawfully qualified insurance compnay to transact, negotiate or effect contracts of insurance of behalf of that insurance company. Resident Producer - Answer Any person that lives in kansas and is licensed to transac...

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State Farm Property Questions & Answers Solved 100%

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In property insurance actual cash value is defined as which of the following - Answer Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - Answer the cause of loss insured against What is a leading factor in the determination of actual cash value - Answ...

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