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Mamas Test State Farm Estimatics Exam with Solutions $13.29   Add to cart

Exam (elaborations)

Mamas Test State Farm Estimatics Exam with Solutions

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  • Course
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Mamas Test State Farm Estimatics Exam with Solutions

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  • October 31, 2024
  • 20
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • State Farm
  • State Farm
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KenAli
Mamas Test State Farm Estimatics Exam
with Solutions
Mike and Jennifer Reed have an FP-7955 policy in force with a $250 deductible. Lighting
struck the insured's house, damaging the house and

contents. Mike is a policeman and operates a small engine repair shop in a

shed on the insured premises. Jennifer is a sales representative and often

has samples and merchandise at the house. The following items were

listed on the personal property inventory forms submitted after the loss.

Cash in Mike'd billfold-$35

Cash in Jennifer's purse- $160

Change in piggy bank- $25

Hand tools used in Mike's business- $780

Jennifer sales samples- $320

Mike's Police uniform- $375

4 hunting rifles- $1820

3 Shotguns- $870(Ans - e. none of the above


If a picture falls from a wall and damages an expensive statue, under the

FP-7955 policy coverage for the statue would:

(Ans - not apply, not an insured peril


Mike and Jennifer Reed have an FP-7955 policy in force with a $250

deductible. Lighting struck the insured's house, damaging the house and

,contents. Mike is a policeman and operates a small engine repair shop in a

shed on the insured premises. Jennifer is a sales representative and often

has samples and merchandise at the house. The following items were

listed on the personal property inventory forms submitted after the loss.

Cash in Mike'd billfold-$35

Cash in Jennifer's purse- $160

Change in piggy bank- $25

Hand tools used in Mike's business- $780

Jennifer sales samples- $320

Mike's Police uniform- $375

4 hunting rifles- $1820

3 Shotguns- $870


How much would you pay for the hunting rifles and shotguns listed in the loss? Do not consider
the deductible in calculating this answer. (Ans - $2,690




Refer to the exhibit above, identify the cellulose (Ans - A




Mike and Jennifer Reed have an FP-7955 policy in force with a $250

deductible. Lighting struck the insured's house, damaging the house and

contents. Mike is a policeman and operates a small engine repair shop in a

shed on the insured premises. Jennifer is a sales representative and often

has samples and merchandise at the house. The following items were

, listed on the personal property inventory forms submitted after the loss.

Cash in Mike's billfold-$35

Cash in Jennifer's purse- $160

Change in piggy bank- $25

Hand tools used in Mike's business- $780

Jennifer sales samples- $320

Mike's Police uniform- $375

4 hunting rifles- $1820

3 Shotguns- $870


How much of the deductible, if any, would be absorbed in the lose?(Ans - $250




Refer to the house exhibit above, identify the ridge.

(Ans - C. 2K




Lighting hits a power transformer two streets away from the risk and knocks out the power to the
entire area. The temperature is in the 20's and our insured's home is heated by an electric
furnace. The insured has a FP-7955 policy in force ALE will be payable on this loss. True or
False?(Ans - False

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