State Farm Estimatics Study guides, Class notes & Summaries

State Farm Estimatics questions and answers rated A+ by experts 2024/2025

State Farm Estimatics Questions and Answers. State Farm Estimatics Questions and Answers.

State Farm Estimatics Exam questions and answers rated A+ by experts 2024/2025

State Farm Estimatics Exam Questions and Correct Answers. State Farm Estimatics Exam Questions and Correct Answers.

State Farm Estimatics Removal of shingles - Answer- estimate for the actual number of squares (not square feet). No estimating or rounding Replacement of shingles - Answer- a) Include waste in the calculation -10% - Composite -15% - wood b) Round up to the nearest bundle -Assume 3 bundles per SQ for composite shingles -Assume 4 bundles per SQ for wood What do wood shingle estimates always end with? - Answer- fourths. .25, .5, .75, .00 What do composite shingle estimates alwa...

State Farm Estimatics Exam 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.

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.

Abandonment Condition - 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 - A loss that occurs at a specific time and place Actual Cash Value (ACV) - Today's replacement cost minus depreciation. Depreciation from wear and tear, or obsolescence. admitted insurer; authorized insurer - Company that meets a state insurance department's standards and...

State Farm Estimatics 117 Questions and Verified SolutionsState Farm Estimatics 117 Questions and Verified SolutionsState Farm Estimatics 117 Questions and Verified Solutions

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