State Farm Auto bundled exams 2022/2023 with 100% correct answers

Select Service Program In some market areas, repairers have been selected to participate in State Farm's Select Service Program. The program is designed to enhance claim service, increase efficiency, and afford customers an opportunity to select qualified repairers to inspect and estimate vehicle ...

Select Service Program In some market areas, repairers have been selected to participate in State Farm's Select Service Program. The program is designed to enhance claim service, increase efficiency, and afford customers an opportunity to select qualified repairers to inspect and estimate vehicle ...

Abandonment Condition A condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Accident A loss that occurs at a specific time and place Actual Cash Value (ACV...

ACV actual cash value After Market Parts Parts produced by a 3rd party for use on automobiles. Betterment An improvement made to and automobile that increases its value, rather than a repair that simply maintains its current value BL Blend Blend This operation is equ...

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 state...

Who owns thier renewals Independents Events that may NOT be recovered by insurance are Gambling, investing, market value of home What underlying coverages typically are required for an umbrella Auto and Personal Conditions that prohibit assignments of the policy Transfer of ...

Who is covered under an Auto Policy? You, your spouse and any other person using the car with your consent are covered for Your Car, A Temp Substitute Car, A Car that Replaces your car How long will your policy provide coverage for a newly acquired car? Up to 14 days after you take possessi...

What transfers the risk of loss from an individual or business entity to an insurance company Insurance The uncertainty of a risk or loss occurring risk A risk that can only result in a loss or no change with no opportunity for financial gain pure risk A risk that allows an o...