State farm property - Study guides, Class notes & Summaries

State Farm Property Exam Questions and Answers (2024 / 2025) (Verified Answers) State Farm Property Exam Questions and Answers (2024 / 2025) (Verified Answers) State Farm Property Exam Questions and Answers (2024 / 2025) (Verified Answers) State Farm Property Exam Questions and Answers (2024 / 2025) (Verified Answers) State farm property exam questions State farm property exam practice test State farm property exam answers quizlet state farm property state farm estimatics quizlet

State Farm property exam (Mamas Test)| Answered 100% Correctly| Updated Under an FP-7955 policy, deductibles apply to which of the following types of losses. B. Fire department service charges in the FP-7955 policy, Coverage C consists of three coverages: 1. Additional Living Expense, 2. Fair Rental Value and 3. Property Removed. True or False? B. False More Jennifer Marco has a FP-7955 policy with coverage B limit of $75,000, a $500 deductible and no option AI, ID, FA, or JF. Which of t...

State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025 which of the following refers to being restored to the financial condition you were in before a loss? - CORRECT ANSWER indemnification mark incurred 8000$ damage to his car in an accident. he received 8000$ from his insurance company and 4000$ from the other driver. by receiving a profit from the loss, Mark is in violation of.. - CORRECT ANSWER principle of indemnity the transfer of risk from one party to an...

state farm property exam (Mamas Test)| Answered 100% Correctly| Updated under an FP-7955 policy, deductibles apply to which of the following types of losses. B. Fire department service charges in the FP-7955 policy, Coverage C consists of three coverages: 1. Additional Living Expense, 2. Fair Rental Value and 3. Property Removed. True or False? B. False Jennifer Marco has a FP-7955 policy with coverage B limit of $75,000, a $500 deductible and no option AI, ID, FA, or JF. Which of the foll...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024 What are considered parts of the policy structure - CORRECT ANSWER conditions, exclusions, insuring clause A homeowner sells his house to a friend. the friend wants to keep the homeowners current policy in effect. under the assignment provision which of the following is most likely? - CORRECT ANSWER the homeowner will need to get written consent from the insurer before the policy can be reassigned What is consider...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024 What are considered parts of the policy structure - CORRECT ANSWER conditions, exclusions, insuring clause A homeowner sells his house to a friend. the friend wants to keep the homeowners current policy in effect. under the assignment provision which of the following is most likely? - CORRECT ANSWER the homeowner will need to get written consent from the insurer before the policy can be reassigned What is consider...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024/2025 control of property - CORRECT ANSWER protects against negligent acts of noninsureds other insurance - CORRECT ANSWER concerns property that is insured by more than one policy legal action against an insurer - CORRECT ANSWER says when an insured my sue the insurer subrogation - CORRECT ANSWER insurer can sue third parties for damages to the insured liberalization - CORRECT ANSWER when an insurer increases its...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024/2025 control of property - CORRECT ANSWER protects against negligent acts of noninsureds other insurance - CORRECT ANSWER concerns property that is insured by more than one policy legal action against an insurer - CORRECT ANSWER says when an insured my sue the insurer subrogation - CORRECT ANSWER insurer can sue third parties for damages to the insured liberalization - CORRECT ANSWER when an insurer increases its...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024/2025 A dealer is required to have on file the licenses of each of their employed salespersons but need not display them in their place of business - CORRECT ANSWER False A dealer must take in the title in their own name before selling a car to a retail customer - CORRECT ANSWER False A salesperson can change dealerships during the licensing year provided that the correct form and fee is submitted to the board such...

State Farm Property xam | Questions and Answers Graded A+ Latest 2024/2025 A dealer is required to have on file the licenses of each of their employed salespersons but need not display them in their place of business - CORRECT ANSWER False A dealer must take in the title in their own name before selling a car to a retail customer - CORRECT ANSWER False A salesperson can change dealerships during the licensing year provided that the correct form and fee is submitted to the board such...