STATE FARM HOMEOWNER POLICY FP 7955
DEDUCTIBLE EXAM PREP STUDY GUIDE 2025
FULL QUESTIONS AND COMPLETE SOLUTION
REVIEW
◉ When estimating vehicle damage, if its determined a repair operation
is necessary, you should include a separate line item allowance on your
estimate.
T or F. Answer: True
◉ State Farm customers can have their vehicles repaired at the repair
facility of their choice.
T or F. Answer: True
◉ According to State Farm Guidelines, would betterment potentially
apply when refinishing a complete vehicle?
Yes or No. Answer: Yes
◉ The prices State Farm pays for most repair operations is determined
from:
, A.)Printed or Electronic price guide
B.)Repair facility survey results
C.)Judgement Time
D.)All of the above
E.)Only A and C. Answer: All of the above
◉ According to current State Farm guidelines, its ACCEPTABLE to
specify aftermarket/non- oem Sheet metal ( Hoods, Fenders, Deck lids)
on State Farm estimates
T or F. Answer: False
◉ According to current State Farm guidelines, its ACCEPTABLE to
specify aftermarket/ non- oem mechanical parts (radiators, exhaust,
suspension components) on State Farm estimates.
T or F. Answer: True
◉ According to current State Farm guidelines, its ACCEPTABLE to
specify recycled sheet metal (hoods, fenders, deck lids) on State Farm
estimates.
T or F. Answer: True
DEDUCTIBLE EXAM PREP STUDY GUIDE 2025
FULL QUESTIONS AND COMPLETE SOLUTION
REVIEW
◉ When estimating vehicle damage, if its determined a repair operation
is necessary, you should include a separate line item allowance on your
estimate.
T or F. Answer: True
◉ State Farm customers can have their vehicles repaired at the repair
facility of their choice.
T or F. Answer: True
◉ According to State Farm Guidelines, would betterment potentially
apply when refinishing a complete vehicle?
Yes or No. Answer: Yes
◉ The prices State Farm pays for most repair operations is determined
from:
, A.)Printed or Electronic price guide
B.)Repair facility survey results
C.)Judgement Time
D.)All of the above
E.)Only A and C. Answer: All of the above
◉ According to current State Farm guidelines, its ACCEPTABLE to
specify aftermarket/non- oem Sheet metal ( Hoods, Fenders, Deck lids)
on State Farm estimates
T or F. Answer: False
◉ According to current State Farm guidelines, its ACCEPTABLE to
specify aftermarket/ non- oem mechanical parts (radiators, exhaust,
suspension components) on State Farm estimates.
T or F. Answer: True
◉ According to current State Farm guidelines, its ACCEPTABLE to
specify recycled sheet metal (hoods, fenders, deck lids) on State Farm
estimates.
T or F. Answer: True
