100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
insurance adjusting 2023/2024 already graded A+ $9.99   Add to cart

Exam (elaborations)

insurance adjusting 2023/2024 already graded A+

 4 views  0 purchase
  • Course
  • State Farm Auto Adjuster Certification
  • Institution
  • State Farm Auto Adjuster Certification

insurance adjusting 2023/2024 already graded A+

Preview 2 out of 13  pages

  • December 16, 2023
  • 13
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • length x width
  • State Farm Auto Adjuster Certification
  • State Farm Auto Adjuster Certification
avatar-seller
Ashley96
insurance adjusting

10% removal squares by 1.10 - ANSGable roofs have what waste factor so multiply what by
what?

15% removal squares by 1.15 - ANSHip roofs have what waste factor so multiply what by what?

.33, .67, or whole number - ANSAlways round composition and laminate shingle replacement
to?

.25, .50, .75, or whole number - ANSAlways round wood shingle replacement to?

Up- eave to ridge + eave to ridge
Over- length of ridge - ANSGable roof square footage calculated by up and over explain?

Up- eave to ridge + eave to ridge
Over- end of eave to end of eave - ANSHip roof square footage calculated by up and over
explain?

walls, walls and ceiling, floor, perimeter ceiling, half ceiling, ceiling, perimeter, perimeter floor,
square, half wall - ANSWhat do these codes mean in Xactimate ( W, WC, F, PC, .5C, C, P, PF,
SQ, .5W)?

remove, replace, remove and replace, detach and reset, standard grade, average grade, high
grade, premium grade) - ANSWhat do these codes mean in Xactimate ( -, +, &, R, AV-, AV, AV+,
AV++)?

living area sq footage multiplied by current construction cost in area - ANSHow do you
determine replacement cost of a home?

length x height - ANSArea of a wall?

length x width - ANSArea of ceiling?

length x width - ANSArea of floor?

divide the inch by 12 - ANSHow do you convert inches to a decimal?

Additional Living Expenses (ALE) - ANSOver and above normal expenses (i.e. hotel stay)

Coverage A Limit of Liability - ANSIf you have a percentage deductible where is that percentage
always taken from?

, Structure or Dwelling - ANSWhat does Coverage A mean?

Personal property or contents - ANSWhat does Coverage B mean?

Limit of Liablity - ANSMaximum amount of coverage available

if removal of item will diminish value of home - ANSHow do you tell the difference between
structure and contents?

Determine deductible, determine where loss occurred, do calculations - ANS3 steps to handle
content claim

Absorbing the Deductible - ANSApplying the excess of a limit from a covered loss towards the
deductible

loss of use - ANSDo not absorb any excess that does not have a deductible like?

Item description, cost, adjusted column, excess, deductible - ANSYour calculations table should
include these categories?

Perils - ANSCauses of loss

Residence premises and attached structures - ANSCoverage A includes?

the greater of 10% of Coverage A or limit listed on declarations page - ANSWhat is coverage
limit on other structures?

Appraisal - ANSWhat is the process when an insurer and an insured have a dispute regarding
the amount of damage on a claim?

Material Misrepresentation - ANSWhat is a significant misstatement in an application form.

Age, Condition, Life Expectancy - ANSDepreciation is based on these factors?

Public Adjuster - ANSA person hired by the consumer/property owner to settle the claim with the
insurance company on their behalf?

HO-A - ANSType of Homeowner's policy that provides coverage only for those perils that are
listed in the policy?

Occurrence - ANSAn event that results in an insured loss/damage.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Ashley96. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart