Adjuster glossary Study guides, Class notes & Summaries
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![Texas Insurance Adjuster Glossary Exam Questions and Answers Graded A](/docpics/4055158/6581905c179d5_4055158_121_171.jpeg)
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Texas Insurance Adjuster Glossary Exam Questions and Answers Graded A
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Texas Insurance Adjuster Glossary
![Adjuster Pro - Florida Certified Adjuster Glossary| 260 QUESTIONS](/docpics/3185170/64cc14e83f7d0_3185170_121_171.jpeg)
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Adjuster Pro - Florida Certified Adjuster Glossary| 260 QUESTIONS
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Accumulated Depreciation Correct Answer: The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) Correct Answer: A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion Correct Answer: One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms,...
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Adjuster Pro - Florida Certified Adjuster Glossary 2024/2025 already graded A+
- Exam (elaborations) • 19 pages • 2024
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Adjuster Pro - Florida Certified Adjuster Glossary 2024/2025 already graded A+
![Adjuster Pro - Florida Certified Adjuster Glossary| 260 QUESTIONS](/docpics/3185143/64cc140194799_3185143_121_171.jpeg)
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Adjuster Pro - Florida Certified Adjuster Glossary| 260 QUESTIONS
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Accumulated Depreciation Correct Answer: The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) Correct Answer: A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion Correct Answer: One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms,...
Adjuster Pro - Florida Certified Adjuster Glossary _ Q&A
![Adjuster Pro - Florida Certified Adjuster Glossary Exam 2024 Questions With Verified Solutions.](/docpics/4500370/65cc83400577e_4500370_121_171.jpeg)
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Adjuster Pro - Florida Certified Adjuster Glossary Exam 2024 Questions With Verified Solutions.
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Adjuster Pro - Florida Certified Adjuster Glossary Exam 2024 Questions With Verified Solutions.
![Adjuster Pro - Florida Certified Adjuster Glossary Latest 2024/2025 Questions & Answers Verified Answers (100% CORRECT ANSWERS)](/docpics/4555800/65d509b49d00c_4555800_121_171.jpeg)
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Adjuster Pro - Florida Certified Adjuster Glossary Latest 2024/2025 Questions & Answers Verified Answers (100% CORRECT ANSWERS)
- Exam (elaborations) • 19 pages • 2024
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Accumulated Depreciation - ANSWER The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
 
Actual Cash Value (ACV) - ANSWER A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) 
 
Adhesion - ANSWER One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, an...
![Adjuster Pro - Florida Certified Adjuster Glossary| 260 Questions And Answers Solved 100%](/docpics/3909592/6563c94d974b9_3909592_121_171.jpeg)
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Adjuster Pro - Florida Certified Adjuster Glossary| 260 Questions And Answers Solved 100%
- Exam (elaborations) • 19 pages • 2023
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Adjuster Pro - Florida Certified Adjuster Glossary| 260 Questions And Answers Solved 100% 
Accumulated Depreciation ANS-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
 
Actual Cash Value (ACV) ANS-A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) 
 
Adhesion ANS-One of the characteristics of an insurance...
![Adjuster Pro - Florida Certified Adjuster Glossary- Questions with Answers](/docpics/5440187/6652fa5e549ee_5440187_121_171.jpeg)
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Adjuster Pro - Florida Certified Adjuster Glossary- Questions with Answers
- Exam (elaborations) • 19 pages • 2024
-
- $10.99
- + learn more
Accumulated Depreciation The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
 
Actual Cash Value (ACV) A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) 
 
Adhesion One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, and the other (the insured) can 'take it...
![ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY EXAM TERMS GRADED A+](/docpics/6424993ddd563_2531601.jpg)
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ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY EXAM TERMS GRADED A+
- Exam (elaborations) • 35 pages • 2023
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ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY EXAM TERMS GRADED A+
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