State farm certification - claims adjuster Exam with Complete Solutions

Special Limits of Liability for 1. money - ANSWER-$200 for money or coins whats covered under dwelling - ANSWER-tures attached to dwelling ials/supplies on or adjacent to residence premises for construction use or alteration of the premises. ation, footings, floor slabs supporting dwelling -wall to wall carpeting other structures separated by clear space are.... such as - ANSWER-covered. Structures connected to the dwelling by only a fence, utility line, or similar connection are considered to be other structures. We do not cover other structures: - ANSWER- permanently attached to or otherwise forming a part of the realty; in whole or in part for business purposes; or d or held for rental to a person not a tenant of the dwelling, unless used solely as a private garage. land, costs to replace/stabilize or store lands are ____ covered - ANSWER-not Cov A 1.At your request, we will cover personal property owned by others while____ will also cover personal property owned by a guest or a residence employee, while_____ - ANSWER-the property is on the part of the residence premises occupied exclusively by an insured. property is in any other residence occupied by an insured. Cov B We cover personal property usually situated at an in- sured's residence, other than the residence premises, for up to ___or ____of the Coverage ____ limit, whichever is greater. - ANSWER-$1,000 or 10%, B limit. Additional Living Expense is for up to (time) - ANSWER-for up to 24 months. Our payment is limited to incurred costs for the shortest of: (a) the time required to repair or replace the premises; (b) the time required for your household to settle elsewhere; or (c) 24 months. Fair Rental Value. up to - ANSWER-12 months Prohibited Use coverage - ANSWER-Insured, we will cover any resulting Additional Living Expense and Fair Rental for a period not exceeding two weeks while use is prohibited. Debris Removal terms - ANSWER-When the amount payable for the property damage plus the debris removal exceeds the limit for the damaged property, an additional 5% of that limit is available for debris removal expense. This additional amount of insur- ance does not apply to Additional Coverage, item 3. Trees, Shrubs and Other Plants. We will also pay up to $500 in the aggregate for each loss to cover the reasonable expenses you incur in the re- moval of tree debris from the residence premises when the tree has caused a Loss Insured to Coverage A property. Trees, Shrubs and Other Plants are covered under - ANSWER-Fire or lightning, Explosion, Riot or civil commotion, Aircraft, Vehicles (not owned or operated by a resident of the residence premises), Vandalism or malicious mischief or Theft. The limit for this coverage, including the removal of debris, shall not exceed 5% of the amount shown in the Declarations for COVERAGE A - DWELLING. Coverage c is - ANSWER-loss of use Credit Card, Bank Fund Transfer Card, Forgery and Counterfeit Money pay up to ________ There is __________ - ANSWER-$1000 and there is no deductible for this coverage Power Interruption is covered due to _____ and if______ - ANSWER-covered accidental direct physical loss caused directly or indirectly by a change of temperature which results from power interruption that takes place on the residence premises. The power lines off the residence premises must remain energized. Refrigerated Products are covered due to - ANSWER-Power failure or mechanical failure Arson Reward. - ANSWER-$1000 If one or more volcanic eruptions that occur within a 72-hour period they shall be considered - ANSWER-one volcanic eruption. Locks- We will pay the reasonable expenses you incur to re-key locks on exterior doors of the dwelling located on the residence premises: - ANSWER-when the keys to those locks are a part of a covered theft loss. No deductible applies to this coverage. Coverage B insures - ANSWER-1.Fire torm/hail 3.Explosion 4.Riot 5.Aircraft 6.Vehicles 7.Smoke 8.Vandalism 9.Theft 10.Falling objects 11.Weight of ice/snow 12.Sudden and accidental discharge of overflow (cant be caused by freezing, coverage not applied to system or appliances from which water escaped) 13. Sudden and accidental tearing asunder, cracking, burning, bulging. ing unless premises vacant 15. sudden and accidental damage to electrical appliances, devices, fixtures (up to 1000) 16. breakage of glass Loss settlement for replacements or repairs are - ANSWER-acv first and then RV Loss settlement for fences will be at - ANSWER-actual cash value 2. Property intended for business in and off premises - ANSWER-$1,000 on property used or intended for use in a business while on premises AND ONLY $250 OUT OF PREMISES This coverage is limited to $250 on such property away from the residence premises. ities, checks etc - ANSWER-$1000 securities, checks etc