State farm aut - Study guides, Class notes & Summaries

State Farm Auto Exam Questions And Answers Competitive Bids - ANS The competitive bid process requires that two or more repairers submit competitive estimates or "bids" for a specific repair job. The amount of the low, complete bid is generally considered to be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner selects the facility that will perform repairs. PCPs - ANS State Farm uses a continuous survey that gives repairers th...

State Farm Auto/Home Exam Questions and Answers Liability (A,B) Personal Injury Protection (PIP, P) Uninsured/Underinsured Motorist Coverage (U, UBI, or UPD) These coverages must match for the vehicles to be on the same policy. Liability (A,B) This auto coverage pays for damages due to bodily injury and property damage to others for which you are responsible. (Mandatory coverage) Death, Dismemberment and Loss of Sight This coverage pays if the covered person dies as a result of i...

State farm auto external claim Resource Certification Exam State Farm Auto External Claim Questions: Questions and Answers What should you do immediately after an auto accident? Contact your insurance provider to report the accident as soon as possible. How can you file a claim with State Farm? You can file a claim online, through the State Farm mobile app, or by calling their claims department. What information do you need to provide when filing a claim? You need to provide d...

State Farm Auto Exam Questions and Answers Depreciation reduction in value, particularly due to wear and tear Exposure susceptibility to risk Implied Warranty A legal term meaning that a product is suitable for its intended purpose and that it fits an ordinary buyers expectations Insurance Policy a contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured or the beneficiary for loss caused by specific events Insurer (Princip...

STATE FARM AUTO EXTERNAL CLAIM RESOURCE CERTIFICATION EXAM QUESTIONS AND CORRECT DETAILED ANSWERS | EVERYTHING YOU NEED TO PASS with A+ What is State Farms promise of customer satisfaction on recycled sheet metal? A.)For as long as your own your vehicle B.)One year

State Farm Auto Adjuster Certification Exam Questions And Answers(Completed)2024

State farm auto external claim Resource Certification Exam **What is an auto claim with State Farm?** An auto claim is a request for payment from your insurance company after your vehicle is damaged or involved in an accident. **How can I file an auto claim with State Farm?** You can file an auto claim online, through the State Farm mobile app, or by calling your local agent. **What information do I need to file a claim?** You'll need your policy number, details ...

State Farm Auto Exam Latest Update...

ACV - answer-actual cash value After Market Parts - answer-Parts produced by a 3rd party for use on automobiles. Betterment - answer-An improvement made to and automobile that increases its value, rather than a repair that simply maintains its current value BL - answer-Blend Blend - answer-This operation is equal to half the RF time on a panel. Blend would be necessary if an adjacent panel required some paint so the color would match. If damage is within 18" of an adjacent...

STATE FARM AUTO BOOKLET EXAM QUESTIONS AND CORRECT DETAILED ANSWERS | EVERYTHING YOU NEED TO PASS with A+ Death, Dismemberment, and Loss of Sight Coverage - ANSWER-Pays if the covered person dies as a result of injuries sustained in a car accident. Limits of $5000 and $10000 are available. We will pay the amount shown in the schedule. Death, dismemberment, or permanent loss of sight must occur within 90 days of the accident.