New York State Auto Damage and Theft Questions And Verified Correct Answer
New York State Auto Damage and Theft Questions And Verified Correct Answer 1. Jim Smith is involved in a collision claim and is no longer able to use the vehicle to go to work. This "loss of use" is referred to as a: Direct loss Indirect loss Loss evaluation Consequential loss - ANSWER : Consequential loss 2. When the rear of the vehicle is damaged and there is a gap between the trunk lid and the quarter panel, what else on the vehicle should the appraiser check? The center pillar The trunk floor The quarter panels The frame rails - ANSWER : The frame rails 3. In auto physical damage insurance, an insured peril cause of loss is known as: Direct loss Indirect loss Loss evaluation Consequential loss - ANSWER : Direct loss 4. If an appraiser has to forfeit his bond in New York. The amount of the bond is: $500 $1000 $2000 $5000 - ANSWER : $1000
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