Coins and medals - Study guides, Class notes & Summaries

State Farm Policy Exam Questions & Answers 2023/2024 What are Special Limits of Liability? - 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: money, coins and medals, including any of these that are a part of a collection, and bank notes; - ANSWER-$200 property used or intended for use in a business, including merchandise held as samples or for sale or for d...

1 PROPERTY AND CASUALTY REVIEW EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ A unique exclusion that is found only in the Fine Art Floater is: Correct Answer: Art on Exhibition (Due to most frequent thefts during gallery showings) Which section of a Special form policy determines whether a peril is covered? Correct Answer: Exclusions New zoning laws prevent an Insured from replacing a destroyed property. If the Insured transfers ownership of the property to the ...

State Farm Policy questions with answers 2023What 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: money, coins and medals, including any of these that are a part of a collection, and bank notes; - correct answer $200 property used or intended for use in a business, including merchandise held as samples or for sale o...

State Farm Policy Questions and Answers Graded A+ What are Special Limits of Liability? 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: money, coins and medals, including any of these that are a part of a collection, and bank notes; $200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery aft...

State Farm Policy Exam Questions With Complete Solutions 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: money, coins and medals, including any of these that are a part of a collection, and bank notes; - Correct Answer $200 property used or intended for use in a business, including merchandise held as sample...

State Farm Policy Exam Questions with Correct Answers

Loan-to-Value Ratio (LTV) - 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 - Answer- Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - Answer- Covers more than one piece of property. Wraparound Mortgage - Answer- Method of fina...

State Farm Policy Questions and answers 2023 What are Special Limits of Liability? 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: money, coins and medals, including any of these that are a part of a collection, and bank notes; $200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery after sa...

State Farm Policy questions and answers graded A+ What are Special Limits of Liability? 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: money, coins and medals, including any of these that are a part of a collection, and bank notes; $200 00:39 01:13 property used or intended for use in a business, including merchandise held as samples or for sa...

State Farm Fire Independent Policy Exam Questions with Verified Correct Answers || 100% Guaranteed Pass <UPDATED VERSION> "property damage" means what in terms of the definitions for State farm coverage. - ANSWER physical damage to or destruction of tangible property, including loss of use of thisproperty. IS theft or conversion of property by insured property damage? - ANSWER No, theft or conversion of property by insured is not property damage "residence premises...