Bundle for New York (NY) State Auto and Property with Correct Solutions 2024 | 2025

NY ADJUSTER PRACTICE EXAM with Correct Solutions 2024 1. The deductible does each of these EXCEPT: a. reduce loss costs b. lower premium costs c. indemnify the insured d. excludes payment for small claims - Answer -c. indemnify the insured 2. The Other Insurance Clause: a. prohibits other in...

CHAPTER 2 - PART 2 – QUIZ Correctly Answered 2024 This document describes the roles and duties of a dual agent...? - Answer -NYS Disclosure Form Prior to January 1, 2011, which of the following was NOT permitted under New York State law...? - Answer -Advance consent to dual agency Only after ...

CHAPTER 10 PROPERTY DAMAGE AND INVASION with Correct Solutions 2024 vandalism - Answer -Sometimes considered a form of criminal mischief, willful or malicious acts intended to damage property. Computer Fraud and Abuse Act (CFAA) - Answer -Federal legislation that criminalizes various types of c...

NEW YORK STATE PROPERTY AND CASUALTY INSURANCE EXAM with Verified Solutions 2024 Physical damage coverage under a garage policy is a blanket limit for covered auto, an accurate statement? - Answer -Yes; The dealer's physical damage limit would be done on a blanket limit basis. This would apply...

NEW YORK AUTO EXAM 17-66 STUDY GUIDE with Verified Solutions 2024 All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: - Answer - To produce notes that will support a fraudulent denial of claims. . The adjuster's log notes are used to determine negligen...

THE NEW YORK STATE PROPERTY AND CASUALTY EXAM Questions and Correct Solutions 2024 Ceding Insurer The insurer transferring the risk is called? Assuming insurer The insurer providing reinsurance to another insurance company is called? agent's contract with the principal because the principal ...

AUTOMOTIVE DAMAGE APPRAISERS TEST Questions and Correct Solutions 2024 Authority of the Auto Damage Appraiser Licensing Board (M.G.L. C. 26 Sec. 8G; 212 CMR 2.01) - Answer -2.01: Scope of Regulations (1) Purpose and Applicability. The purpose of 212 CMR 2.00 is to promote the public welfare an...

NY INDEPENDENT GENERAL ADJUSTER EXAM - SERIES 17-70 Questions and Correct Answers 2024 Dram Shop Liability refers to: - Answer -Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss tha...

NEW YORK STATE PENAL LAW AND DEFINITIONS With Correct Solutions 2024 Offense - Answer -Conduct where a fine or term of imprisonment may be imposed. Every crime is an offense, but not every offense is a crime Traffic Infraction - Answer -Speeding, running a red light, driving on cell phone, etc. ...

AUTO DAMAGE APPRAISER EXAM with Correct Solutions 2024 Aftermarket Parts - Answer -Non OEM OEM - Answer -Original Equipment Manufacture VIN - Answer -Vehicle ID Number 17 Digits 10th digit tells year Last 6 digits ID's the car Found on Dashboard U Bolts - Answer -Attached the axle to the l...

AUTO BODY STEEL, CROWNS, & DAMAGE Questions and Correct Solutions 2024 Types of body damage - Answer -Direct; Indirect; Minor; Major Direct Damage - Answer -Results in direct contact with an object. Holes, tears, gouges, and scratches are typical. Generally 10% of collisions result in direct d...