State farm training Study guides, Class notes & Summaries

State Farm Training Liability ANS- Protects you if you are presumed by someone else because you hurt them No Fault/One way/PLPD ANS- Liability coverage only (no collision or comprehensive) Standard Collision ANS- Regardless of fault insured has to pay a deductible Broad collision ANS- Insured doesn't have to pay deductible if not at fault P300 ANS- Primary medical expenses, prImary wage loss with a $300 deductible P4 ANS- Coordinated medical expenses, Primary wage loss P2 A...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

State Farm Training 2023 Liability - ANSWER-Protects you if you are presumed by someone else because you hurt them No Fault/One way/PLPD - ANSWER-Liability coverage only (no collision or comprehensive) Standard Collision - ANSWER-Regardless of fault insured has to pay a deductible Broad collision - ANSWER-Insured doesn't have to pay deductible if not at fault P300 - ANSWER-Primary medical expenses, prImary wage loss with a $300 deductible P4 - ANSWER-Coordinated medical expens...

State Farm Training Questions and Answers Graded A+ Liability Protects you if you are presumed by someone else because you hurt them No Fault/One way/PLPD Liability coverage only (no collision or comprehensive) Standard Collision Regardless of fault insured has to pay a deductible Broad collision Insured doesn't have to pay deductible if not at fault P300 Primary medical expenses, prImary wage loss with a $300 deductible P4 Coordinated medical expenses...

Liability - ANSWER Protects you if you are presumed by someone else because you hurt them No Fault/One way/PLPD - ANSWER Liability coverage only (no collision or comprehensive) Standard Collision - ANSWER Regardless of fault insured has to pay a deductible Broad collision - ANSWER Insured doesn't have to pay deductible if not at fault P300 - ANSWER Primary medical expenses, prImary wage loss with a $300 deductible P4 - ANSWER Coordinated medical expenses, Primary wage loss P2 ...

State Farm Training/32 questions with correct answers

State Farm Training Exam (Top latest solution) 2023 Liability - Protects you if you are presumed by someone else because you hurt them No Fault/One way/PLPD - Liability coverage only (no collision or comprehensive) Standard Collision - Regardless of fault insured has to pay a deductible Broad collision - Insured doesn't have to pay deductible if not at fault P300 - Primary medical expenses, primary wage loss with a $300 deductible

State Farm Training Exam...

State Farm Training questions and answers 2023

State Farm Training Questions and Correct Answers