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State Farm Insurance License Exam 100% Graded A+ & Verified Que & Ans
[Show more]State Farm Insurance License Exam 100% Graded A+ & Verified Que & Ans
[Show more]Abandonment Condition - ANS 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 - ANS A loss that occurs at a specific time and place 
 
...
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Add to cartAbandonment Condition - ANS 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 - ANS A loss that occurs at a specific time and place 
 
...
The general penalty for violating any provision of the insurance Code for which a different penalty is not specifically provided is? - ANS A Fine up to $5,000 
 
The Chief Officer of the Insurance Department is the Commissioner of Insurance. How long and Who is he ELECTED by to office for ...
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Add to cartThe general penalty for violating any provision of the insurance Code for which a different penalty is not specifically provided is? - ANS A Fine up to $5,000 
 
The Chief Officer of the Insurance Department is the Commissioner of Insurance. How long and Who is he ELECTED by to office for ...
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.
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Add to cartThe 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.
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. ...
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Add to cartCompetitive 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 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 ...
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Add to cartIn 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 ...
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...
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Add to cartYou'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...
Which of the following is eligible as a private passenger vehicle? - ANS Sport Utility Vehicle 
 
What part of the MVR shows any driving offenses received for a violation such as a suspension or revocation? - ANS License status 
 
What action should be taken if the Motor Vehicl...
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Add to cartWhich of the following is eligible as a private passenger vehicle? - ANS Sport Utility Vehicle 
 
What part of the MVR shows any driving offenses received for a violation such as a suspension or revocation? - ANS License status 
 
What action should be taken if the Motor Vehicl...
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