100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Adjusting- Policy Study Guide Exam Questions And Actual Answers. $9.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. State Farm Homeowner Policy FP-7955 Deducible
  4.  
  5. State Farm Homeowner Policy FP-7955 Deducible

Exam (elaborations)

Adjusting- Policy Study Guide Exam Questions And Actual Answers.
 7 views  0 purchase
  • Course
  • State Farm Homeowner Policy FP-7955 Deducible
  • Institution
  • State Farm Homeowner Policy FP-7955 Deducible

An FP-7955 homeowners policy with a $250 deductibles is in force. Policy limits for coverage A & B are adequate, with loss settlement provision A1 and B1. During a windstorm, the following property was damaged Item: RCV ACV Wood Fence $1600 $850 Gas Grill $300 $250 Outdoor Antenna $500 $400 ...

[Show more]

Preview 1 out of 4  pages

Document information

  • September 26, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • State Farm Homeowner Policy FP-7955 Deducible
  • State Farm Homeowner Policy FP-7955 Deducible

Seller

avatar-seller
COCOSOLUTIONS

Reviews received

Content preview

Adjusting- Policy Study Guide Exam
Questions And Actual Answers.
An FP-7955 homeowners policy with a $250 deductibles is in force. Policy limits for coverage A & B are
adequate, with loss settlement provision A1 and B1. During a windstorm, the following property was
damaged

Item: RCV ACV

Wood Fence $1600 $850

Gas Grill $300 $250

Outdoor Antenna $500 $400

All items have been replaced. How much do you owe?

A. $1400

B. $2400

C. $2700 - Answer $850 Wood Fence

$300 Gas Grill

$500 Outdoor Antenna

= 1650 Total

- 250 Deductible

= 1400 Total



An FP-7955 homeowner policy with a $500 deductible is in force. Policy limits for coverages A & B are
adequate, with loss settlement provisions A1 & B2. During a lightening storm, a tree was struck and fell
causing the following property damage.

Item: RCV ACV

Utility Trailer $1800 $1400

Wood Railing on tree $300 $250

Tree $900 $900

Tree removal from deck $200 $200

Tree debris removal $600 $600

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller COCOSOLUTIONS. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77858 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart