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State Farm Bundled Exams with Complete Solution | Verified Answers | 2024

State Farm Bundled Exams with Complete Solution | Verified Answers | 2024

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State Farm Property | 100% Correct Answers | Verified | Latest 2024 Version

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In property insurance actual cash value is defined as which of the following - Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - the cause of loss insured against What is a leading factor in the determination of actual cash value - replacement cost Rep...

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State Farm Estimatics Exam | 100% Correct Answers | Verified | Latest 2024 Version

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The formula for determining the area of a trapezoid is: Select the single best answer: A. [(Base1 + Base2) ÷ 2] x Height B. ½ Base x Height C. Base x Height D.

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State Farm Fire Independent Policy Exam | 100% Correct Answers | Verified | Latest 2024 Version

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Select the false statement listed below: In the HO-3 policy, the ALE payments will be made only for: Select the single best answer: A. The shortest time necessary to repair or replace the damaged property, but not to exceed 24 months. B. If the insured does not rebuild, the time necessary for the...

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State farm auto external claim Resource Certification Exam | 100% Correct Answers | Verified | Latest 2024 Version

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You're preparing an estimate on a customer's vehicle that requires refinishing of the hood and right front fender only. The hood is the first panel listed on the estimate. According to most Collision Estimating Guides, would refinish overlap be applicable on the hood? Choose the most correct sta...

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State Farm Casualty Test | 100% Correct Answers | Verified | Latest 2024 Version

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To be issued a business entity producer license by the commissioner the business entity must have how many partners or officers licensed as producers - atleast 1 The occurence form trigger is based on which of the following? - the date where injury and damage occur How are surety bonds different...

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