State farm auto exam 2022 - Study guides, Class notes & Summaries

ACV actual cash value After Market Parts Parts produced by a 3rd party for use on automobiles. Betterment An improvement made to and automobile that increases its value, rather than a repair that simply maintains its current value BL Blend Blend This operation is equal to half the RF time on a panel. Blend would be necessary if an adjacent panel required some paint so the color would match. If damage is within 18" of an adjacent panel then blend. Allow 36" if i...

Property and casualty insurance Exam Questions and Answers Updated Nov 2022. A banker is ready to close on a customer's loan. The bank is prepared to offer the loan but only if the customer purchases a life insurance policy from the bank in the amount of the loan. This is an example of A builder's risk form is most often written as which of the following? A building is insured, but no one has lived or worked in it for 10 years. The building is completely empty of any furniture or perso...

State Farm Auto Adjuster Certification Exam Questions And Answers(Completed)2022

state farm auto exam Questions and Answers (2022/2023) (Verified Answers)

Competitive Bids The competitive bid process requires that two or more repairers submit competitive estimates or "bids" for a specific repair job. The amount of the low, complete bid is generally considered to be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner selects the facility that will perform repairs. PCPs State Farm uses a continuous survey that gives repairers the opportunity to provide information online. The repairer in...

State Farm Auto Independent Exam Complete Solution 2022/2023 Verified From Experts

State Farm Auto Fire Independent Policy Exam Complete Solution 2022/2023 Verified From Experts State Farm Auto Fire Independent Policy Exam Complete Solution 2022/2023 Verified From Experts

State Farm Auto Exam Questions and Answers (2022/2023) (Verified Answers)