BUNDLED STATE FARM EXAMS 2023 WITH LATEST SOLUTIONS

1. The formula for determining the area of a trapezoid is: Select the single best answer: A. [(Base1 + Base2) ÷ 2] x Height B. ½ Base x Height C. Base x Height D.

State Farm Policy Study Test (Top latest solution) 2023 What are Special Limits of Liability? - These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: Money, coins and medals,...

State Farm Property 2023 Exam (Top latest solution) In property insurance actual cash value is defined as which of the following - Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - the cause of loss insured against What is a leading factor in the...

State Farm Auto Exam (Top latest solution) 2023 Competitive Bids - 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...

State Farm Auto Adjuster Certification Exam (Top latest solution) 2023 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...

State Farm Independent Auto Exam Test (Top latest solution) 2023 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 oppor...

State Farm Insurance License Exam (Top latest solution) 2023 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 occ...

State Farm Insurance Coverage (Top latest solution) 2023 Collision Coverage - pays to fix or replace a car that has been demanded in collision with another object or rolls over How collision works - in a covered accident, extends beyond your own vehicle to include temporary substitute cars, ne...

State Farm Auto External Claim Resource Certification Exam (Top latest solution) 2023 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 Estimatin...

State Farm Training Exam (Top latest solution) 2023 Liability - Protects you if you are presumed by someone else because you hurt them No Fault/One way/PLPD - Liability coverage only (no collision or comprehensive) Standard Collision - Regardless of fault insured has to pay a deductible ...