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In property insurance actual cash value is defined as which of the following - Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - the cause of loss insured against What is a leading factor in the determination of actual cash value - replacement cost Replacement cost is defined as - full replacement of property at its current cost, new and without reduction for depreciation Property insurance that provides 100k coverage for a building and 50k...

State Farm Property Exam Questions and Answers 2023/2024 | 100% Verified Answers In property insurance actual cash value is defined as which of the following Replacement cost at the time of the loss, less depreciation Peril is most easily defined as the cause of loss insured against What is a leading factor in the determination of actual cash value replacement cost Replacement cost is defined as full replacement of property at its current cost, new and without reduction for depreciatio...

State Farm Property Questions and Answers (2022/2023) (Verified Answers) In property insurance actual cash value is defined as which of the following Replacement cost at the time of the loss, less depreciation Peril is most easily defined as the cause of loss insured against What is a leading factor in the determination of actual cash value replacement cost Replacement cost is defined as full replacement of property at its current cost, new and without reduction for depreciation Prope...

State Farm Property Exam Questions and Answers 100% Pass In property insurance actual cash value is defined as which of the following - Answer- Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - Answer- the cause of loss insured against What is a leading factor in the determination of actual cash value - Answer- replacement cost Replacement cost is defined as - Answer- full replacement of property at its current cost, new and without reduction f...

State Farm Estimatics Exam Latest Questions and Answers (2024 / 2025) (Verified Answers) Question 1: What is the purpose of State Farm Estimatics? A) To provide insurance quotes B) To estimate repair costs for damaged vehicles C) To process claims faster D) To generate customer invoices Answer: B) To estimate repair costs for damaged vehicles Explanation: State Farm Estimatics is a software used by State Farm insurance adjusters to estimate the costs of repairing vehicles that...

In property insurance actual cash value is defined as which of the following - ANSWER - Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - ANSWER - the cause of loss insured against What is a leading factor in the determination of actual cash value - ANSWER - replacement cost Replacement cost is defined as - ANSWER - full replacement of property at its current cost, new and without reduction for depreciation Property insurance that provi...

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