Exam (elaborations)
State Farm Policy questions and answers rated A+ 2024/2025
- Course
- State Farm Property
- Institution
- Liberty University
State Farm Policy questions and answers rated A+ 2024/2025
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State Farm PolicyWhat are Special Limits of Liability? - ANSThese limits do no longer boom the Coverage B
restriction. The unique restrict for every of the following classes is the whole limit for every loss
for all belongings in that category:
cash, coins and medals, which includes any of
these which might be part of a collection, and bank notes; - ANS$two hundred
belongings used or intended for use in a business, which includes merchandise held as
samples or on the market or for delivery after sale - ANS$1,000 - This insurance is constrained
to $250 on
such assets away from the house premises.
Securities, exams, cashier's tests, traveler's
exams, cash orders and other negotiable
contraptions - ANS$1,000
watercraft of every type and outboard cars,
together with their trailers, - ANS$1,000
trailers no longer used with watercraft; - ANS$1,000
stamps, buying and selling cards and comic books,
such as any of those which can be a part of a group; - ANS$2500
loss by way of robbery of firearms - ANS$2500
Silverware & goldware - ANS$2500
digital records processing gadget equipment
and the recording or garage media - ANS$5000
loss with the aid of theft of any rug, carpet (except
wall-to-wall carpet), tapestry, wall-putting or other
comparable article. - ANS$5000 on any individual item ; $10,000 in aggregate
Credit Card, Bank Fund Transfer Card, Forgery and
Counterfeit Money. - ANSWe pays up to $1,000 for: the prison responsibility of an insured to pay
due to the theft or unauthorized use - loss to an insured due to forgery or alteration of any test
or negotiable instrument - loss to an insured through attractiveness in precise faith of counterfeit
United States or Canadian paper forex. No deductible applies to this insurance.
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