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Exam (elaborations)

StateFarm exam prep questions with answers

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  • State Farm Homeowner
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  • State Farm Homeowner

StateFarm exam prep questions with answers

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  • August 24, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • State Farm Homeowner
  • State Farm Homeowner
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Schoolplug
StateFarm exam prep questions with
answers

Which of the following is eligible as a private passenger vehicle? - .......🔷ANSWERS🔶......✔✔ Sport
Utility Vehicle



What part of the MVR shows any driving offenses recieved for a violation such as a suspension or
revocation? - .......🔷ANSWERS🔶......✔✔ License status



What action should be taken if the Motor Vehicle Report displays the message "MVR status clear"?
- .......🔷ANSWERS🔶......✔✔ Identify the license status and expiration date and note the violations
to be entered in the quote/application



Where does the Customer Underwriting Index(CUI) consolidate info from?
- .......🔷ANSWERS🔶......✔✔ The Insurance Risk score, the Loss History Report, and the previous
insurer report



What does a Motor vehicle record(MVR) provide? - .......🔷ANSWERS🔶......✔✔ Provides license
details, moving violations, and police reported accidents



How many vehicles can be quoted in an integrated auto? - .......🔷ANSWERS🔶......✔✔ 4



Which of the following changes would be covered by a policy change? - .......🔷ANSWERS🔶......✔✔
The policyholder would like to add a new vehicle along with a new driver to the household



All of the following are important elements regarding auto policy changes except:
- .......🔷ANSWERS🔶......✔✔ Changes in household drivers may affect driver assignments



Mary has purchased a 2019 toyota camry that will replace her 2009 Honda Civic. To complete this
change you will: - .......🔷ANSWERS🔶......✔✔ Complete a policy transaction in NECHO

, When a policyholder calls after having an accident, which of the following questions can an agent's
office answer? - .......🔷ANSWERS🔶......✔✔ Questions on whether the policy holder is covered



When can an agent use Agent's Draft Authority? - .......🔷ANSWERS🔶......✔✔ Agents can use ADA
when the total amount for any one occurence does not exceed the authority available under ADA,
and all other requirements are met.



Which of the following is a service option in areas where Select Service and Staff inspection are
limited or not available? - .......🔷ANSWERS🔶......✔✔



Business owners like to spread their insurance needs across many companies to protect themselves.
(True or False) - .......🔷ANSWERS🔶......✔✔ False



The Business Lines Resource (BLRC) is only used to check the status of the policy and how much
the customer owes.(True or False) - .......🔷ANSWERS🔶......✔✔ False



Who is a person you might to talk to when you have questions about the small business opportunity
in your area? - .......🔷ANSWERS🔶......✔✔ Business Lines Consultant



Which screen is not on the Fire E-app? - .......🔷ANSWERS🔶......✔✔ Coverages



John calls because his mortgage company is requesting proof of insurance for a two-family home he
is purchasing that he plans to rent to tenants. What product best matches his needs?
- .......🔷ANSWERS🔶......✔✔ Homeowners



Which is not a coverage under Section 1 property Coverages? - .......🔷ANSWERS🔶......✔✔
Coverage M



Homeowners, Renters, Condominium Unitowners and Rental Dwelling policies provide the
following coverage at no extra cost. (True or False) - .......🔷ANSWERS🔶......✔✔ False

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