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State Farm Property Test | 100% Correct Answers 2024
State Farm Property Test | 100% Correct Answers 2024 
In property insurance actual cash value is defined as which of the following - 
ANSWERS Replacement cost at the time of the loss, less depreciation 
Peril is most easily defined as - ANSWERS the cause of loss insured against 
What is a leading factor in the determination of actual cash value - ANSWERS 
replacement cost 
Replacement cost is defined as - ANSWERS full replacement of property at its current 
cost, new and without reduction for ...
- Exam (elaborations)
- • 4 pages •
State Farm Property Test | 100% Correct Answers 2024 
In property insurance actual cash value is defined as which of the following - 
ANSWERS Replacement cost at the time of the loss, less depreciation 
Peril is most easily defined as - ANSWERS the cause of loss insured against 
What is a leading factor in the determination of actual cash value - ANSWERS 
replacement cost 
Replacement cost is defined as - ANSWERS full replacement of property at its current 
cost, new and without reduction for ...
State Farm Estimatics Exam Latest Questions and Answers 2024
State Farm Estimatics Exam Latest Questions and Answers 
2024 
The formula for determining the area of a trapezoid is: 
Select the single best answer: 
A. [(Base1 + Base2) ÷ 2] x Height 
B. ½ Base x Height 
C. Base x Height 
D.
- Exam (elaborations)
- • 9 pages •
State Farm Estimatics Exam Latest Questions and Answers 
2024 
The formula for determining the area of a trapezoid is: 
Select the single best answer: 
A. [(Base1 + Base2) ÷ 2] x Height 
B. ½ Base x Height 
C. Base x Height 
D.