Auto damage appraisal Study guides, Class notes & Summaries

Max clear coat for a repair - 2.5 Amount to Deduct for overlap if more than 1 hour - -.4 taxed on appraisal - Paint & materials, parts and P-page items leaving with care None adjacent panels deduct for overlap - -.2 Personal Injury Protection (PIP) - $8,000 bodily injury liability coverage - $20,000 per person and $40,000 Bodily injury caused by uninsured minimum - $20,000 per person $40,000 total for all people injured

Jim Smith is involved in a collision claim and is no longer able to use the vehicle to go to work. This "loss of use" is referred to as a: Direct loss Indirect loss Loss evaluation Consequential loss - ANSWERSConsequential loss When the rear of the vehicle is damaged and there is a gap between the trunk lid and the quarter panel, what else on the vehicle should the appraiser check? The center pillar The trunk floor The quarter panels The frame rails - ANSWERSThe frame rail...

NEW YORK STATE AUTO DAMAGE AND THEFT QUIZ 17-71 Correctly Answered 2024 Jim Smith is involved in a collision claim and is no longer able to use the vehicle to go to work. This "loss of use" is referred to as a: Direct loss Indirect loss Loss evaluation Consequential loss - Answer -Consequential loss When the rear of the vehicle is damaged and there is a gap between the trunk lid and the quarter panel, what else on the vehicle should the appraiser check? The center pillar The trunk ...

Aftermarket Parts - Non OEM OEM - Original Equipment Manufacture VIN - Vehicle ID Number 17 Digits 10th digit tells year Last 6 digits ID's the car Found on Dashboard U Bolts - Attached the axle to the leaf springs Power Breaks - Gets power from the booster Differentials - Delivers power to the wheel

Jim Smith is involved in a collision claim and is no longer able to use the vehicle to go to work. This "loss of use" is referred to as a: Direct loss Indirect loss Loss evaluation Consequential loss Consequential loss When the rear of the vehicle is damaged and there is a gap between the trunk lid and the quarter panel, what else on the vehicle should the appraiser check? The center pillar The trunk floor The quarter panels The frame rails The frame rails In auto p...

All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: correct answersTo produce notes that will support a fraudulent denial of claims. . The adjuster's log notes are used to determine negligent parties, to assist in detecting fraud, to become a part of the claims file, and to be used in future proceedings. The log notes are not intended to produce a fraudulent record to deny a claim. When a homeowners policy has been in effect for 60 days in New Yo...

Penalties Correct Answer Anyone who violates provisions of this act is guilty of misdemeanor + fine of $500 or imprisonment for up to one year; or both. Suspension period Correct Answer will not exceed 12 months Expiration Correct Answer expires annually at midnight on June 30th Compliance with act Correct Answer Appraiser must leave legible copy of appraisal with repair appraisal must contain the name of the insurance company ordering it, the insurance file number, the appraisers lisc...

Penalties correct answersAnyone who violates provisions of this act is guilty of misdemeanor + fine of $500 or imprisonment for up to one year; or both. Suspension period correct answerswill not exceed 12 months Expiration correct answersexpires annually at midnight on June 30th Compliance with act correct answersAppraiser must leave legible copy of appraisal with repair appraisal must contain the name of the insurance company ordering it, the insurance file number, the appraisers lisc...

Auto damage appraisal Exam 1 with Questions and Answers Max clear coat for a repair ANSWER 2.5 Amount to Deduct for overlap if more than 1 hour ANSWER -.4 taxed on appraisal ANSWER Paint & materials, parts and P-page items leaving with care None adjacent panels deduct for overlap ANSWER -.2 Personal Injury Protection (PIP) ANSWER $8,000 bodily injury liability coverage ANSWER $20,000 per person and $40,000 Bodily injury caused by uninsured minimum ANSWER $20,000 per person $...