Exam (elaborations)
STATE FARM PREP EXAM
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STATE FARM PREP EXAM ...
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STATE FARM PREP EXAMWhich of the following qualifies as a private passenger vehicle? - Answer: Sport
Utility Vehicle.
What section of the MVR reflects any driving offences received for a violation,
such as a suspension or revocation? - ANSWER License Status
What should be done if the Motor Vehicle Report displays the statement "MVR
status clear"? - ANSWER Identify the license status and expiration date, and record
the infractions to be placed into the quote/application.
Where does the Customer Underwriting Index (CUI) get its information from? -
ANSWER Insurance Risk Score, Loss History Report, and Previous Insurer Report
What information is contained in a motor vehicle record (MVR)? - ANSWER
Provides licensing information, moving offenses, and police-reported accidents.
How many automobiles may be quoted in an integrated automobile? - The answer
is 4.
Which of the following changes would be addressed by a policy change? -
ANSWER The policyholder wants to add a new vehicle and driver to the
household.
All of the following are key considerations related car policy changes, with the
exception of: - ANSWER Changes in household drivers could impact driving
assignments.
Mary has purchased a 2019 Toyota Camry, which will replace her 2009 Honda
Civic. To finish this change, you will: - Answer Execute a policy transaction in
NECHO.
, When a policyholder calls after an accident, what questions may an agent's office
answer? - ANSWER Questions about whether the policyholder is protected.
When can an agent exercise the Agent's Draft Authority? - ANSWER Agents may
apply ADA where the total amount for any single incident does not exceed the
authority granted under ADA and all other standards are met.
Which of the following is a service choice in locations where Select Service and
Staff Inspection are restricted or unavailable? - ANSWER
Business owners like to diversify their insurance needs across multiple
organizations to protect themselves. (True or false) - Answer: False
The Business Lines Resource (BLRC) is solely used to determine the status of the
policy and how much the customer owes.(True or false) - Answer: False
Who should you contact to if you have questions about the small business potential
in your area? - ANSWER Business Line Consultant
Which screen is not available in the Fire E-app? - ANSWER Coverages
John calls because his mortgage company has requested confirmation of insurance
for the two-family home he is acquiring and intends to rent to renters. Which
product best meets his needs? - ANSWER Homeowners
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