State farm license 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...

STATE FARM INSURANCE LICENSE EXAM QUESTIONS AND CORRECT DETAILED ANSWERS | EVERYTHING YOU NEED TO PASS with A+ Messenger - ANSWER-In a crime policy, defined as an insured , partner, or employee who has care and custody of insured property outside the premises.

State Farm License Exam Questions with Correct Answers Underinsured motorist coverage - Answer-Pays damages when a covered person is injured in a car accident caused by a driver who is insured but doesn't have liability insurance to cover the damages Uninsured Motorist Coverage - Answer-Pays damages for injury to an insured when the insured is in a car accident caused by someone who does not have liability coverage Coverage A - Dwelling Coverage - Answer-Insured the Home, structures at...

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State Farm Insurance License Exam| Questions and Answers, 100% Solved| Latest Abandonment Condition A condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Accident A loss that occurs at a specific time and place Actual Cash Value (ACV) Today's replacement cost minus depreciation. Depreciation from wear and tear, or obsolescence. admitted insurer; authorized i...

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State Farm Insurance License Exam Questions and Answers (2024 / 2025) (Verified Answers) A+ State Farm Insurance License Exam Questions and Answers (2024 / 2025) (Verified Answers) Abandonment Condition (ANS) condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. 2. Accident(ANS) A loss that occurs at a specific time and place 3. Actual Cash Value (ACV) (ANS) Toda...

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STATE FARM INSURANCE LICENSE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+STATE FARM INSURANCE LICENSE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+

State Farm Insurance License Exam Questions and Answers (2024 / 2025) (Verified Answers)