State farm property exam Study guides, Class notes & Summaries
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NEW YORK INDEPENDENT FIRE ADJUSTER EXAM SIMULATOR - SERIES 17-64 RATED A+
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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...
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State Farm Property Exam Questions And Answers
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State Farm Property Exam Questions And Answers 
In property insurance actual cash value is defined as which of the following - ANS Replacement cost at the time of the loss, less depreciation 
 
Peril is most easily defined as - ANS the cause of loss insured against 
 
What is a leading factor in the determination of actual cash value - ANS replacement cost 
 
Replacement cost is defined as - ANS full replacement of property at its current cost, new and without reduction for deprecia...
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STATE FARM PROPERTY AND CASUALTY Exam | Questions with 100% Correct Answers | Updated 2024 | Guaranteed A+
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duties of the insured - 1. pay the premium 
2. take all reasonable means to save and protect the property from loss 
3. give the insurance company immediate notice of loss 
4. give the insurance company proof of loss within 60 days of the loss 
5. separate the damaged property from the undamaged property and allow the insurance company to 
inspect the undamaged property as well as the insured's books and records 
6. the insured cannot sue the insurance company unless all of these requirements h...
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State Farm Estimatics, insurance license, Auto, training ,SIE exam, policy, Casualty and Farm property exams |100% Correct Answers
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State Farm Estimatics, insurance license, Auto, training ,SIE exam, policy, Casualty and Farm property exams |100% Correct Answers
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State Farm Property Exam 2023/2024
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State Farm Property Exam 2023/2024
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State Farm Property Exam Questions and Answers 100% Pass
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State Farm Property Exam Questions and 
Answers 100% Pass 
In property insurance actual cash value is defined as which of the following - Answer- 
Replacement cost at the time of the loss, less depreciation 
Peril is most easily defined as - Answer- the cause of loss insured against 
What is a leading factor in the determination of actual cash value - Answer- replacement 
cost 
Replacement cost is defined as - Answer- full replacement of property at its current 
cost, new and without reduction f...
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State Farm Property Exam Questions with Correct Answers-Latest Update 2024.
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State Farm Property Exam Questions with Correct Answers-Latest Update 2024.
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state farm property exam questions and answers (mamas test) A+ GRADED 100% VERIFIED
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state farm property exam questions and answers (mamas test) A+ GRADED 100% VERIFIED 
under an FP-7955 policy, deductibles apply to which of the following types of losses. B. Fire department service charges in the FP-7955 policy, Coverage C consists of three coverages: 1. Additional Living Expense, 2. Fair Rental Value and 3. Property Removed. True or False? B. False 00:05 01:45 Jennifer Marco has a FP-7955 policy with coverage B limit of $75,000, a $500 deductible and no option AI, ID, FA, or JF...
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STATE FARM PROPERTY AND CASUALTY EXAM QUESTIONS WITH SOLUTIONS
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STATE FARM PROPERTY AND CASUALTY EXAM QUESTIONS WITH SOLUTIONS 
 
duties of the insured - ANS 1. pay the premium 
2. take all reasonable means to save and protect the property from loss 
3. give the insurance company immediate notice of loss 
4. give the insurance company proof of loss within 60 days of the loss 
5. separate the damaged property from the undamaged property and allow the insurance company to inspect the undamaged property as well as the insured's books and records 
6. th...
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STATE FARM PROPERTY AND CASUALTY Exam | Questions with 100% Correct Answers | Updated 2024 | Guaranteed A+
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STATE FARM PROPERTY AND CASUALTY Exam 
| Questions with 100% Correct Answers | Updated 
2024 | Guaranteed A+