Introduction to Collision Repair Exam Questions And Answers
2 views 0 purchase
Course
CR101B
Institution
CR101B
Total Loss - ANS A vehicle that is damaged so badly that repair costs exceed the value of the vehicle
Rebuilders - ANS A segment of the collision repair industry that buys, repairs, and sells total loss vehicles
Liability Insurance - ANS Insurance that covers the damag...
Introduction to Collision Repair Exam
Questions And Answers
Total Loss - ANS A vehicle that is damaged so badly that repair costs exceed the value of
the vehicle
Rebuilders - ANS A segment of the collision repair industry that buys, repairs, and sells
total loss vehicles
Liability Insurance - ANS Insurance that covers the damage to the other person's vehicle in
case of an accident
Comprehensive/Full Coverage Insurance - ANS Insurance that covers the damage to both
vehicle in case of an accident
Deductible - ANS The part of the repair cost the vehicle's owner is responsible for paying
Claim - ANS When an insured person suffers a loss and reports this loss to the insurance
company
Adjusters - ANS Insurance company employees who handle claims
Body Shop Estimates - ANS A body shop's statement of work to be done and the
approximate cost of repair
Claim Center - ANS A location where an insurance adjuster examines the vehicle and
writes an estimate
Direct Repair Agreement - ANS Arrangement between a repair shop and an insurance
company where the customer brings their claim directly to that shop
OEM Parts - ANS Made by the vehicle manufacturer or by the same company that supplied
the part to the factory vehicle
Aftermarket Parts - ANS Made by a company other than the one that supplied that parts
when the vehicle was manufactured
Used Parts - ANS Taken off total loss vehicles in a salvage yard
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 DocLaura. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.89. You're not tied to anything after your purchase.
