State Farm Modules Master List Exam with 100% accurate
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detailed answers ||
The system determines company placement by evaluatin household and vehicle
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information and matches a price with the risk of future losses. - ✔✔True
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Which of the following is used by the system to determine Company placement? -
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✔✔Driving record, household eligibility, prior insurance history, driving experience.
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Which of the following best describes a residual Market Plan? - ✔✔Insures customers who
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can't get insurance through regulars channels.
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What does it mean when an application is Non-bound? - ✔✔It has been submitted to
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Underwriting for prior approval. || || ||
Martin and Tina are not sure what some of the categories mean within their auto policy.
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You can explain that the policy consists of three parts. What are the three parts of the
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policy? - ✔✔Endorsements, Declarations Page, and Car Policy Booklet
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Tina asks you about what is included on the Endorsement. Which of the following items are
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included on the Endorsement? - ✔✔Amendments, Altered Terms, Added Provisions.
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Martin asks you which of their vehicles will be covered. Which of the following cars would
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likely be covered? - ✔✔The car listed on the Declarations Page, a car the spouse is
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purchasing, a car Martin is borrowing from his neighbor, a substitute car being used while
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the listed car is being repaired.
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Which of the following identifies the Renewal Date? - ✔✔D15
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, Martin and Tina's policy has changes that will reduce their coverage in the upcoming year.
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How will this information be communicated to Martin and Tina? - ✔✔A Renewal Insert
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will be sent with the renewal billing.
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Can both Martin and Tina be listed as Named Insured? - ✔✔Yes
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Which of the following vehicles are eligible for a CCC Acquisition/RII specialist quote? -
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✔✔2001 Altima driven for pleasure only, and 1999 Dodge Ram driven to/from school and
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to a part-time job.
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Which of the following vehicles are eligible for a CCC Acquisition/ RII specialist to quote? -
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✔✔2008 Honda Civic driven to train station, and 2002 VW Beetle driven for work, small
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dent, estimated $500 damage.
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Which of the following vehicles cannot be quoted by a CCC Acquisition/ RII specialist? -
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✔✔Drive for a Transportation Network Company for more than 50% of the time/mileage,
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and deliver transport materials such as bread truck that delivers bread.
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Which of the following are true for the Sandler's 2000 Dodge Neon policy? - ✔✔The current
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payment status of the 2000 Dodge Neon is active, the discounts that are being applied to the
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2000 dodge neon include Multi-car, Steer Clear, Multi-Line.
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The March 26, 2007 date indicates the date the policy was first issued. - ✔✔True
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Select the discounts that are being applied on the Goldstein's 2004 Chevy. - ✔✔Good
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Student, Multi-Care. steer Clear, Multi-
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line
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detailed answers ||
The system determines company placement by evaluatin household and vehicle
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information and matches a price with the risk of future losses. - ✔✔True
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Which of the following is used by the system to determine Company placement? -
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✔✔Driving record, household eligibility, prior insurance history, driving experience.
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Which of the following best describes a residual Market Plan? - ✔✔Insures customers who
|| || || || || || || || || || || || || ||
can't get insurance through regulars channels.
|| || || || ||
What does it mean when an application is Non-bound? - ✔✔It has been submitted to
|| || || || || || || || || || || || || || ||
Underwriting for prior approval. || || ||
Martin and Tina are not sure what some of the categories mean within their auto policy.
|| || || || || || || || || || || || || || || ||
You can explain that the policy consists of three parts. What are the three parts of the
|| || || || || || || || || || || || || || || || ||
policy? - ✔✔Endorsements, Declarations Page, and Car Policy Booklet
|| || || || || || || ||
Tina asks you about what is included on the Endorsement. Which of the following items are
|| || || || || || || || || || || || || || ||
included on the Endorsement? - ✔✔Amendments, Altered Terms, Added Provisions.
|| || || || || || || || || ||
Martin asks you which of their vehicles will be covered. Which of the following cars would
|| || || || || || || || || || || || || || || ||
likely be covered? - ✔✔The car listed on the Declarations Page, a car the spouse is
|| || || || || || || || || || || || || || || ||
purchasing, a car Martin is borrowing from his neighbor, a substitute car being used while
|| || || || || || || || || || || || || || ||
the listed car is being repaired.
|| || || || ||
Which of the following identifies the Renewal Date? - ✔✔D15
|| || || || || || || || ||
, Martin and Tina's policy has changes that will reduce their coverage in the upcoming year.
|| || || || || || || || || || || || || || ||
How will this information be communicated to Martin and Tina? - ✔✔A Renewal Insert
|| || || || || || || || || || || || || ||
will be sent with the renewal billing.
|| || || || || ||
Can both Martin and Tina be listed as Named Insured? - ✔✔Yes
|| || || || || || || || || || ||
Which of the following vehicles are eligible for a CCC Acquisition/RII specialist quote? -
|| || || || || || || || || || || || || ||
✔✔2001 Altima driven for pleasure only, and 1999 Dodge Ram driven to/from school and
|| || || || || || || || || || || || || ||
to a part-time job.
|| || ||
Which of the following vehicles are eligible for a CCC Acquisition/ RII specialist to quote? -
|| || || || || || || || || || || || || || || ||
✔✔2008 Honda Civic driven to train station, and 2002 VW Beetle driven for work, small
|| || || || || || || || || || || || || || ||
dent, estimated $500 damage.
|| || ||
Which of the following vehicles cannot be quoted by a CCC Acquisition/ RII specialist? -
|| || || || || || || || || || || || || || ||
✔✔Drive for a Transportation Network Company for more than 50% of the time/mileage,
|| || || || || || || || || || || || ||
and deliver transport materials such as bread truck that delivers bread.
|| || || || || || || || || ||
Which of the following are true for the Sandler's 2000 Dodge Neon policy? - ✔✔The current
|| || || || || || || || || || || || || || ||
payment status of the 2000 Dodge Neon is active, the discounts that are being applied to the
|| || || || || || || || || || || || || || || || ||
2000 dodge neon include Multi-car, Steer Clear, Multi-Line.
|| || || || || || || ||
The March 26, 2007 date indicates the date the policy was first issued. - ✔✔True
|| || || || || || || || || || || || || ||
Select the discounts that are being applied on the Goldstein's 2004 Chevy. - ✔✔Good
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Student, Multi-Care. steer Clear, Multi-
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line
