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State Farm Auto Exam Questions and Answers 100% Verified and Updated 2024
State Farm Auto Exam Questions and Answers 
100% Verified and Updated 2024 
Competitive Bids - Answer- The competitive bid process requires that two or more 
repairers submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally 
considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the 
vehicle owner 
selects the facility that will perform repairs. 
PCPs - Answer- State Farm uses a continuous 
...
- Examen
- • 6 pages •
State Farm Auto Exam Questions and Answers 
100% Verified and Updated 2024 
Competitive Bids - Answer- The competitive bid process requires that two or more 
repairers submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally 
considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the 
vehicle owner 
selects the facility that will perform repairs. 
PCPs - Answer- State Farm uses a continuous 
...
State Farm Insurance License Exam Questions and Answers
State Farm Insurance License Exam 
Questions and Answers 
Abandonment Condition - Answer- A condition often contained in property insurance 
policies that states that the insured cannot abandon damaged property to the insurer 
and demand to be reimbursed for its full value. 
Accident - Answer- A loss that occurs at a specific time and place 
Actual Cash Value (ACV) - Answer- Today's replacement cost minus depreciation. 
Depreciation from wear and tear, or obsolescence. 
admitted insurer; author...
- Examen
- • 15 pages •
State Farm Insurance License Exam 
Questions and Answers 
Abandonment Condition - Answer- A condition often contained in property insurance 
policies that states that the insured cannot abandon damaged property to the insurer 
and demand to be reimbursed for its full value. 
Accident - Answer- A loss that occurs at a specific time and place 
Actual Cash Value (ACV) - Answer- Today's replacement cost minus depreciation. 
Depreciation from wear and tear, or obsolescence. 
admitted insurer; author...
State farm auto external claim Resource Certification Exam Questions and Answers 100% Pass
State farm auto external claim Resource 
Certification Exam Questions and 
Answers 100% Pass 
You're preparing an estimate on a customer's vehicle that requires refinishing of the 
hood and right front fender only. The hood is the first panel listed on the estimate. 
According to most Collision Estimating Guides, would refinish overlap be applicable on 
the hood? Choose the most correct statement. 
Select the single best answer: 
A. Overlap would not be applicable on the hood refinish time as ...
- Examen
- • 7 pages •
State farm auto external claim Resource 
Certification Exam Questions and 
Answers 100% Pass 
You're preparing an estimate on a customer's vehicle that requires refinishing of the 
hood and right front fender only. The hood is the first panel listed on the estimate. 
According to most Collision Estimating Guides, would refinish overlap be applicable on 
the hood? Choose the most correct statement. 
Select the single best answer: 
A. Overlap would not be applicable on the hood refinish time as ...
State Farm Property Exam Questions and Answers 100% Pass
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...
- Package deal
- Examen
- • 5 pages •
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 Auto Exam 2024 Questions and Answers 100% Pass
State Farm Auto Exam 2024 
Competitive Bids - Answer ️️ -The competitive bid process requires that two or more repairers 
submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner 
selects the facility that will perform repairs. 
PCPs - Answer ️️ -State Farm uses a continuous 
survey that gives repairers the oppor...
- Examen
- • 5 pages •
State Farm Auto Exam 2024 
Competitive Bids - Answer ️️ -The competitive bid process requires that two or more repairers 
submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner 
selects the facility that will perform repairs. 
PCPs - Answer ️️ -State Farm uses a continuous 
survey that gives repairers the oppor...
State Farm Independent Auto Exam 2024 Questions and Answers 100% Pass
State Farm Independent Auto Exam 2024 
Select Service Program - Answer ️️ -In some market areas, repairers have been selected to 
participate in State Farm's Select Service Program. The program is designed to enhance claim 
service, increase efficiency, and afford customers an opportunity to select qualified repairers to 
inspect and estimate vehicle damage 
Paintless Dent repair - Answer ️️ -Paintless Dent Repair (PDR) is an industry recognized repair 
process that involves the removal...
- Examen
- • 7 pages •
State Farm Independent Auto Exam 2024 
Select Service Program - Answer ️️ -In some market areas, repairers have been selected to 
participate in State Farm's Select Service Program. The program is designed to enhance claim 
service, increase efficiency, and afford customers an opportunity to select qualified repairers to 
inspect and estimate vehicle damage 
Paintless Dent repair - Answer ️️ -Paintless Dent Repair (PDR) is an industry recognized repair 
process that involves the removal...
State Farm Auto Exam 2024 Questions and Answers 100%
State Farm Auto Exam 2024 
Competitive Bids - Answer ️️ -The competitive bid process requires that two or more repairers 
submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner 
selects the facility that will perform repairs. 
PCPs - Answer ️️ -State Farm uses a continuous 
survey that gives repairers the oppor...
- Examen
- • 5 pages •
State Farm Auto Exam 2024 
Competitive Bids - Answer ️️ -The competitive bid process requires that two or more repairers 
submit competitive estimates or 
"bids" for a specific repair job. The amount of the low, complete bid is generally considered to 
be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner 
selects the facility that will perform repairs. 
PCPs - Answer ️️ -State Farm uses a continuous 
survey that gives repairers the oppor...
State farm auto external claim Resource Certification Exam
State farm auto external claim Resource 
Certification Exam 
You're preparing an estimate on a customer's vehicle that requires refinishing of the hood and 
right front fender only. The hood is the first panel listed on the estimate. According to most 
Collision Estimating Guides, would refinish overlap be applicable on the hood? Choose the most 
correct statement. 
Select the single best answer: 
A. Overlap would not be applicable on the hood refinish time as it's the first major panel. A 
r...
- Package deal
- Examen
- • 7 pages •
State farm auto external claim Resource 
Certification Exam 
You're preparing an estimate on a customer's vehicle that requires refinishing of the hood and 
right front fender only. The hood is the first panel listed on the estimate. According to most 
Collision Estimating Guides, would refinish overlap be applicable on the hood? Choose the most 
correct statement. 
Select the single best answer: 
A. Overlap would not be applicable on the hood refinish time as it's the first major panel. A 
r...
State Farm Auto Adjuster Certification Exam Questions and Answers (Completed) 2024
State Farm Auto Adjuster Certification Exam 
Questions and Answers (Completed) 2024 
ACV - Answer ️️ -actual cash value 
After Market Parts - Answer ️️ -Parts produced by a 3rd party for use on automobiles. 
Betterment - Answer ️️ -An improvement made to and automobile that increases its value, 
rather than a repair that simply maintains its current value 
BL - Answer ️️ -Blend 
Blend - Answer ️️ -This operation is equal to half the RF time on a panel. Blend would be 
necessa...
- Package deal
- Examen
- • 4 pages •
State Farm Auto Adjuster Certification Exam 
Questions and Answers (Completed) 2024 
ACV - Answer ️️ -actual cash value 
After Market Parts - Answer ️️ -Parts produced by a 3rd party for use on automobiles. 
Betterment - Answer ️️ -An improvement made to and automobile that increases its value, 
rather than a repair that simply maintains its current value 
BL - Answer ️️ -Blend 
Blend - Answer ️️ -This operation is equal to half the RF time on a panel. Blend would be 
necessa...
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Hondros Nursing 172 Exam 2 Questions and Answers 100% Pass
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INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
the answers are incorrect