2026|2027 Actual Complete Real Exam Questions And Correct
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What is the primary purpose of Xactimate software? -ANSWER-
Xactimate is used to prepare estimates for property repairs and
reconstruction. It combines measured quantities, repair activities, and
pricing into an organized estimate.
What are the four main stages of the Xactimate estimating workflow? -
ANSWER- Claim Info, Sketch, Estimate Items, and Complete. These
stages help organize claim details, measurements, repair activities, and
final estimate preparation.
What is the purpose of the Claim Info section? -ANSWER- It stores
administrative information about the insured, property, claim,
coverage, loss, and estimate settings. Accurate claim information
supports correct documentation and pricing.
Is it always mandatory to complete the four estimating stages in exactly
the same order? -ANSWER- No. The four-stage workflow is a useful
structure, but some estimates can be prepared without using Sketch,
depending on the scope and available measurements.
What information should be entered when establishing a new
estimate? -ANSWER- Enter the relevant insured and property details,
, claim number, loss date, loss type, coverage information, and other
required estimate data. Accurate information helps prevent
identification and reporting errors.
Why should an estimator verify the property address before selecting a
price list? -ANSWER- The property location can affect regional material
and labor costs. An incorrect location may lead to pricing that does not
reflect the intended market.
What is the purpose of the policy and claim information in an estimate?
-ANSWER- It identifies the insurance claim and records relevant policy
details. These details help organize the estimate and associate costs
with the appropriate claim.
What is a deductible in an insurance claim? -ANSWER- A deductible is
the portion of a covered loss the policyholder is responsible for paying
under the policy. It affects the claim calculation but is distinct from the
physical repair cost.
Can a deductible be associated with particular coverages instead of the
entire claim? -ANSWER- Depending on the policy and estimate
configuration, a deductible can be applied across all applicable
coverages or to a specific coverage. The estimate must reflect the
actual claim terms.
What is a tax jurisdiction in Xactimate? -ANSWER- A tax jurisdiction
identifies the applicable tax rules or location settings used for