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Exam (elaborations)

Auto Damage Appraisal Questions with Correct Answers

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Penalties Correct Answer Anyone who violates provisions of this act is guilty of misdemeanor + fine of $500 or imprisonment for up to one year; or both. Suspension period Correct Answer will not exceed 12 months Expiration Correct Answer expires annually at midnight on June 30th Compliance with act Correct Answer Appraiser must leave legible copy of appraisal with repair appraisal must contain the name of the insurance company ordering it, the insurance file number, the appraisers liscence number, and proper I.D of vehicle being inspected ( 4 things) All old or unrelated damage should be noted on the appraisal; itemized listing of all damage specifying parts which must be replaced or repaired. Safety Correct Answer Drive train, Steering gear, Suspension units, Brake system. ( 4) Standard for Appraisal Correct Answer 1.) $ amount 2.) Costs ^ appraised amount may be responsibility of owner 3.)Statement: No requirement to use specified repair shop 4.) Statement: Repair shops are available through insurer, but no force. 5.) Description of repairs, known at time of appraisal, to return vehicle to pre-damaged state. Labor, Cost, Painting, Sublet work. (4) 6.)Incidental charges: towing, protective care, depreciation, battery, tire replacment. 7.) Sales tax 8.) Date of insurers non-responsability 9.)Location where listed parts are available in a condition equivalent or better than before accident. 10.) Aftermarket crash parts listed, along with warranty info 11.) ID of all AM crash parts Appraisal must restore vehicle to pre-damaged condition. Salvage value Correct Answer Must disclose in writing: salvage value ( if listed name+ address of each bidder, the amount, expiration date), certificate of salvage, additional charges .

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Institution
Auto Damage Appraisal
Course
Auto Damage Appraisal








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Institution
Auto Damage Appraisal
Course
Auto Damage Appraisal

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Uploaded on
March 8, 2024
Number of pages
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Written in
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