State farm fire - Study guides, Class notes & Summaries
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State Farm Fire Independent Policy Exam
- Exam (elaborations) • 22 pages • 2023
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State Farm Fire Independent Policy 
Exam 
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 insured to relocate in permanent living 
quarters, but not to exceed 24 months. 
C. ALE payments can run beyond the expiration of the policy. 
D. ALE payme...
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State Farm Fire Independent Policy Exam Latest 2024 Graded A
- Exam (elaborations) • 31 pages • 2024
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State Farm Fire Independent Policy Exam Latest 2024 Graded A 
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 insured to relocate in permanent living quarters, but not to exceed 24 months. 
C.	ALE payments can run beyond the expiration ...
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State Farm Fire Independent Policy Exam Graded A+ 100% Verified Latest 2024
- Exam (elaborations) • 38 pages • 2024
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State Farm Fire Independent Policy Exam Graded A+ 100% Verified Latest 2024 
 
State Farm Fire Independent Policy Exam Graded A+ 100% Verified Latest 2024 
 
State Farm Fire Independent Policy Exam Graded A+ 100% Verified Latest 2024
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State Farm Fire Independent Policy Exam Q&A 2024
- Exam (elaborations) • 33 pages • 2024
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State Farm Fire Independent Policy Exam Q&A 2024 
 
State Farm Fire Independent Policy Exam Q&A 2024 
 
State Farm Fire Independent Policy Exam Q&A 2024
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State Farm Fire Independent Policy Exam Questions with 100% Correct Answers | Verified | Updated (2024/2025)
- Exam (elaborations) • 20 pages • 2024
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State Farm Fire Independent Policy Exam Questions with 100% Correct Answers | Verified | Updated 
STATE FARM FIRE INDEPENDENT POLICY Exam Questions 2024 STATE FARM FIRE INDEPENDENT POLICY Exam Answers 2024 STATE FARM FIRE INDEPENDENT POLICY Exam STATE FARM FIRE INDEPENDENT POLICY Exam 2024 Questions And Answers Pdf Download STATE FARM FIRE INDEPENDENT POLICY Exam 2024 Questions STATE FARM FIRE INDEPENDENT POLICY Exam 2024 Answers STATE FARM FIRE INDEPENDENT POLICY Exam 2024 Pdf Download Free STA...
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State Farm Fire Independent Policy Exam 2025 update with all correct answers
- Exam (elaborations) • 25 pages • 2024
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State Farm Fire Independent Policy Exam 2025 update with all correct answers 
An HO-3 homeowners policy with a $250 deductible is in force and the policy limits (Coverage A and Coverage B) are adequate to cover this damage. During a severe windstorm, rain blows through open windows and causes the following damage: 
Hardwood floor in the dining room $1,700 
Water stains on the drywall $ 220 
Water stains on the area rug $125 
Antique vase (broken by force of wind) $375 
How much should you pay on...
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State Farm Fire Independent Policy Exam questions and answers ( A+ GRADED 100% VERIFIED)
- Exam (elaborations) • 33 pages • 2024
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State Farm Fire Independent Policy Exam questions and answers ( A+ GRADED 100% VERIFIED) 
 
State Farm Fire Independent Policy Exam questions and answers ( A+ GRADED 100% VERIFIED) 
 
State Farm Fire Independent Policy Exam questions and answers ( A+ GRADED 100% VERIFIED)
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State Farm Fire Independent Policy Exam 2025 final update with correct questions and correct answers
- Exam (elaborations) • 30 pages • 2024
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Available in package deal
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- $15.99
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State Farm Fire Independent Policy Exam 2025 final update with correct questions and correct answers 
An HO-3 homeowners policy with a $250 deductible is in force and the policy limits (Coverage A and Coverage B) are adequate to cover this damage. During a severe windstorm, rain blows through open windows and causes the following damage: 
Hardwood floor in the dining room $1,700 
Water stains on the drywall $ 220 
Water stains on the area rug $125 
Antique vase (broken by force of wind) $375 
Ho...
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State farm fire independent policy exam Questions and Answers (2022/2023) (Verified Answers)
- Exam (elaborations) • 18 pages • 2022
- Available in package deal
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- $13.99
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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 insured to relocate in permanent living 
quarters, but not to exceed 24 months. 
C. ALE payments can run beyond the expiration of the policy. 
D. ALE payments are limited to incurred costs for the sh...
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State Farm Fire Independent Policy Exam| Questions and Answers, 100% Verified| 2024-2025
- Exam (elaborations) • 37 pages • 2024
-
Available in package deal
-
- $15.49
- + learn more
State Farm Fire Independent Policy Exam| Questions and Answers, 100% Verified| 
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 insured to relocate in permanent living quarters, but not to exceed 24 months. 
C. ALE payments can run beyond the...
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