New york auto exam - Study guides, Class notes & Summaries

NEW YORK INDEPENDENT FIRE ADJUSTER EXAM SIMULATOR - SERIES 17-64 RATED A+ Mason has suffered a $42,000 loss to his commercial building due to fire. The building is covered under the Building & Personal Property coverage form and had been vacant for 74 days. The insurer would have paid the entire loss if the building had been occupied, but what will they pay because the insured building was considered vacant? $28,980. $42,000. $6,300. $35,700. For a loss that would otherwise be covered for th...

New York auto exam 17-66 study Test Questions and Answers | Graded A+

In New York, insurers must maintain records pertaining to claims, rating, underwriting, marketing and other pertinent information for a period of: - The law requires that these records be maintained for inspection and/or review for at least six years. Which of the following relieves the financial burden on the claimant by making certain payments to the claimant even before the claim is negotiated? - Advance Payment. EXPLANATION: Most adjusters are given the authority to make advance paymen...

New York auto exam 17-66 study Latest Update Actual Exam from Credible Sources with Questions and Verified Correct Answers Golden Ticket to Guaranteed A+ Verified by Professor

New York Auto Exam Questions And Verified Correct Answer In New York, insurers must maintain records pertaining to claims, rating, underwriting, marketing and other pertinent information for a period of: - ANSWER : The law requires that these records be maintained for inspection and/or review for at least six years. Which of the following relieves the financial burden on the claimant by making certain payments to the claimant even before the claim is negotiated? - ANSWER : Advance ...

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New York auto exam 17-66 study with complete solution

In New York, insurers must maintain records pertaining to claims, rating, underwriting, marketing and other pertinent information for a period of: The law requires that these records be maintained for inspection and/or review for at least six years. Which of the following relieves the financial burden on the claimant by making certain payments to the claimant even before the claim is negotiated? Advance Payment. EXPLANATION: Most adjusters are given the authority to make advance pay...

Which of the following is not a true statement regarding the use of non-original equipment manufacture replacement parts for vehicles? - insurers specifying the use of non-original equipment manufacture replacement crash parts shall not be required to pay the cost of any modifications to the parts which may become necessary to effect the repair.. The commercial auto policy can be used to cover which of the following? - A semi-trailer The penalty for failure to satisfy a coinsurance requirem...

New York Auto Exam 17-66 Questions And Verified Correct Answer In New York, insurers must maintain records pertaining to claims, rating, underwriting, marketing and other pertinent information for a period of: - ANSWER : The law requires that these records be maintained for inspection and/or review for at least six years. Which of the following relieves the financial burden on the claimant by making certain payments to the claimant even before the claim is negotiated? - ANSWER : A...