insurance adjusting Q&A 2022/2023

10% removal squares by 1.10 - Answer- Gable roofs have what waste factor so multiply what by what? 15% removal squares by 1.15 - Answer- Hip roofs have what waste factor so multiply what by what? .33, .67, or whole number - Answer- Always round composition and laminate shingle replacement to? .25, .50, .75, or whole number - Answer- Always round wood shingle replacement to? Up- eave to ridge + eave to ridge Over- length of ridge - Answer- Gable roof square footage calculated by up and over explain? Up- eave to ridge + eave to ridge Over- end of eave to end of eave - Answer- Hip roof square footage calculated by up and over explain? walls, walls and ceiling, floor, perimeter ceiling, half ceiling, ceiling, perimeter, perimeter floor, square, half wall - Answer- What do these codes mean in Xactimate ( W, WC, F, PC, .5C, C, P, PF, SQ, .5W)? remove, replace, remove and replace, detach and reset, standard grade, average grade, high grade, premium grade) - Answer- What do these codes mean in Xactimate ( -, +, &, R, AV-, AV, AV+, AV++)? living area sq footage multiplied by current construction cost in area - Answer- How do you determine replacement cost of a home? length x height - Answer- Area of a wall? length x width - Answer- Area of ceiling? length x width - Answer- Area of floor? divide the inch by 12 - Answer- How do you convert inches to a decimal? Additional Living Expenses (ALE) - Answer- Over and above normal expenses (i.e. hotel stay) Coverage A Limit of Liability - Answer- If you have a percentage deductible where is that percentage always taken from? Structure or Dwelling - Answer- What does Coverage A mean? Personal property or contents - Answer- What does Coverage B mean? Limit of Liablity - Answer- Maximum amount of coverage available if removal of item will dimi