Package Deal of State Farm Questions and answers rated A+ 2023

State Farm License- Standard Fire Policy Question and answers rated A+ correct 2023 Standard Fire Policy - correct answer - the policy written for both Personal Lines (residential home or dwelling) or as Commercial Lines (official building) are the same! - fire insurance is another name for ...

State Farm Acronyms/ Fire Question and answers 100% correct 2023 AAL - correct answer Agency Administrative Leader AAS - correct answer Agent Advertising System ABS - correct answer Agent Business System ADA - correct answer Agent's Draft Authority AIP - correct answer Auto...

State Farm Question and answers already passed 2023 Who owns their renewals - correct answer Independents Events that may NOT be recovered by insurance are - correct answer Gambling, investing, market value of home What underlying coverages typically are required for an umbrella - co...

State Farm Property Question and answers already passed 2023 In property insurance actual cash value is defined as which of the following - correct answer Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - correct answer the cause of loss insured ...

State Farm Policy Question and answers 2023 verified to pass What are Special Limits of Liability? - correct answer 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: ...

State Farm Training Questions with complete solution 2023 Liability - correct answer Protects you if you are presumed by someone else because you hurt them No Fault/One way/PLPD - correct answer Liability coverage only (no collision or comprehensive) Standard Collision - correct answ...

state farm Question and answers already passed 2023 which of the following refers to being restored to the financial condition you were in before a loss? - correct answer indemnification mark incurred 8000$ damage to his car in an accident. he received 8000$ from his insurance company and 4...

State Farm Questions with complete solutions 2023 the waiting period is 30 days as required by the Nation flood insurance program - correct answer How long is the waiting period after the application has been accepted before flood coverage goes into effect? a customers camera left at a camer...

state farm ch.1 building questions and answer rated A+ 2023 A. risk retention. B. risk avoidance. C. risk reduction. correct answer D. risk transference. - correct answer Jared hopes to purchase a new insurance policy for his car, but he has an extremely poor driving record. The insurance co...

STATE FARM INSURANCE Question and answers 100% correct 2023 What transfers the risk of loss from an individual or business entity to an insurance company - correct answer Insurance The uncertainty of a risk or loss occurring - correct answer risk A risk that can only result in a loss...

State Farm Estimatics Exam Question and answers already passed 2023 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 Terms and Acronym's Question and answers 2023 verified App - correct answer Application SFPP - correct answer State Farm Payment Plan Auto - correct answer Personal Auto Insurance Division Fire - correct answer Personal Lines Fire Division Life - correct answer ...

Chapter 1: State Farm Questions with complete solutions 2023 Insurers - correct answer Manufacture and sell insurance by way of contracts or policies. Insurance Agents (Producers) - correct answer Licensed individual on behalf of insurer that sell insurance. Insurance Agencies - corre...

STATE FARM PROPERTY AND CASUALTY Question and answers rated A+ 2023 duties of the insured - correct answer 1. pay the premium 2. take all reasonable means to save and protect the property from loss 3. give the insurance company immediate notice of loss 4. give the insurance company proof ...