State farm property - Study guides, Class notes & Summaries
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State Farm Property Estimatics 2023 - 2024 STUDY BUNDLE PACK SOLUTION (Questions and Answers )(Verified)
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State Farm Property Estimatics 2023 - 2024 STUDY BUNDLE PACK SOLUTION (Questions and Answers )(Verified)
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ENG1514 Assignment 2 2024 - DUE 5 June 2024
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ENG1514 Assignment 2 2024 (UNIQUE NO. 537280) - DUE 5 June 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... 
 
PART 1: Knowledge-based Questions 1 ‘Attending/Attention’ is one of the six stages in the listening process. In your own words, list three things you would do during this listening process. 3 Marks 2 Mention three purposes for listening. 3 Marks 3 In four sentences, explain in your own w...
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State Farm Property Questions and Answers 2022/2023 COMPLETE SOLUTION ( A+ GRADED 100% VERIFIED) LATEST
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State Farm Property Questions and Answers 2022/2023 COMPLETE SOLUTION ( A+ GRADED 100% VERIFIED) LATEST 
In property insurance actual cash value is defined as which of the following - ANS Replacement cost at the time of the loss, less depreciation 
 
Peril is most easily defined as - ANS the cause of loss insured against 
 
What is a leading factor in the determination of actual cash value - ANS replacement cost 
 
Replacement cost is defined as - ANS full replacement of property at its curr...
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State Farm Property Exam 2024 Questions and Answers (2024/2025) (Verified Answers)
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State Farm Property Exam 2024 Questions and Answers (2024/2025) (Verified Answers)
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State Farm Property Exam | Questions and Answers Graded A+ Latest 2024/2025
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State Farm Property Exam | Questions and 
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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...
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PVL2602 Assignment 1 (QUALITY ANSWERS) Semester 1 2024
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This document contains workings, explanations and solutions to the PVL2602 Assignment 1 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4..... Question 1 In Mark 0.00 out of 1.00 
Buhle Baloyi, a 94-year-old retired judge, had been suffering from a prolonged respiratory infection from late 2018. In addition to this, he was diagnosed with rheumatoid arthritis and as a result, he spent most of his days in bed, as he was in severe physical pain. He was looked af...
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State Farm Property (Actual) Exam Solved 100% Correct
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In property insurance actual cash value is defined as which of the following - ANSWER-Replacement cost at the time of the loss, less depreciation 
 
Peril is most easily defined as - ANSWER-the cause of loss insured against 
 
What is a leading factor in the determination of actual cash value - ANSWER-replacement cost 
 
Replacement cost is defined as - ANSWER-full replacement of property at its current cost, new and without reduction for depreciation 
 
Property insurance that provides 100k cov...
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State Farm Property exam | Questions and Answers Graded A+ Latest 2024
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State Farm Property xam | Questions and 
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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...
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State Farm Property exam | Questions and Answers Graded A+ Latest 2024
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State Farm Property xam | Questions and 
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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...
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State Farm Property exam | Questions and Answers Graded A+ Latest 2024/2025
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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...
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