New York State Auto Damage and Theft quiz 17-71 exam 2024 with 100% correct answers

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 correct 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 correct answersThe frame rails In auto physical damage insurance, an insured peril cause of loss is known as: Direct loss Indirect loss Loss evaluation Consequential loss correct answersDirect loss If an appraiser has to forfeit his bond in New York. The amount of the bond is: