State Farm Auto
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State Farm Auto Exam 2024| Answered 100% Correctly 
Competitive Bids 
The competitive bid process requires that two or more repairers submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner 
selects the facility that will perform repairs. 
PCPs 
State Farm uses a continuous 
survey that gives rep...
- Package deal
- Exam (elaborations)
- • 10 pages's •
State Farm Auto Exam 2024| Answered 100% Correctly 
Competitive Bids 
The competitive bid process requires that two or more repairers submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner 
selects the facility that will perform repairs. 
PCPs 
State Farm uses a continuous 
survey that gives rep...
State Farm Auto Exam 2024| Answered 100% Correctly 
Competitive Bids 
The competitive bid process requires that two or more repairers submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner 
selects the facility that will perform repairs. 
PCPs 
State Farm uses a continuous 
survey that gives repairers the oppor...
- Package deal
- Exam (elaborations)
- • 10 pages's •
State Farm Auto Exam 2024| Answered 100% Correctly 
Competitive Bids 
The competitive bid process requires that two or more repairers submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner 
selects the facility that will perform repairs. 
PCPs 
State Farm uses a continuous 
survey that gives repairers the oppor...