STATE FARM PROPERTY AND CASUALTY EXAM QUESTIONS & ANSWERS 2023/2024/State Farm Property Exam Questions & Answers 2023/2024/State Farm Insurance License Exam Questions & Answers 2023/2024/State Farm Estimatics Exam Questions & Answers 2023/2024/State farm

State Farm exam questions & answers 2023/2024 Abandonment - ANSWER-The abdication of insured property into the hands of another, or into the possession of no one in particular. Absolute Liability - ANSWER-A type of liability that occurs due to extremely dangerous operations, such as the use of...

final property exam questions & answers 2023/2024 Which of the following best defines the term risk? a. Causes a loss b. Brings loss about c. Increases chances of a loss d. Uncertainty of loss - ANSWER-d. Uncertainty of loss An owner-occupied home has a replacement cost of $500,000 and...

State Farm Fire and Property Exam 2023/2024

State Farm Policy Exam Questions & Answers 2023/2024 What are Special Limits of Liability? - 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 medal...

State farm certification - claims adjuster exam questions & answers 2023/2024 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...

State Farm Estimatics Exam Questions & Answers 2023/2024 The formula for determining the area of a trapezoid is: Select the single best answer: A. [(Base1 + Base2) ÷ 2] x Height B. ½ Base x Height C. Base x Height D.

State Farm Insurance License Exam Questions & Answers 2023/2024 Abandonment Condition - ANSWER-A condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Accident - ANSWE...

State Farm Property Exam Questions & Answers 2023/2024 In property insurance actual cash value is defined as which of the following - ANSWER-Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - ANSWER-the cause of loss insured against What is a leadi...

STATE FARM PROPERTY AND CASUALTY EXAM QUESTIONS & ANSWERS 2023/2024 duties of the insured - ANSWER-1. pay the premium 2. take all reasonable means to save and protect the property from loss 3. give the insurance company immediate notice of loss 4. give the insurance company proof of loss wit...