State Farm Policy Exam Questions With Complete Solutions

State Farm Policy Exam Questions With Complete Solutions What are Special Limits of Liability? - Correct Answer These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - Correct Answer $200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery after sale - Correct Answer $1,000 - This coverage is limited to $250 on such property away from the residence premises. securities, checks, cashier's checks, traveler's checks, money orders and other negotiable instruments - Correct Answer $1,000 watercraft of all types and outboard motors, including their trailers, - Correct Answer $1,000 trailers not used with watercraft; - Correct Answer $1,000 stamps, trading cards and comic books, including any of these that are a part of a collection; - Correct Answer $2500 loss by theft of firearms - Correct Answer $2500 Silverware & goldware - Correct Answer $2500 electronic data processing system equipment and the recording or storage media - Correct Answer $5000 loss by theft of any rug, carpet (except