New York State Auto Damage and Theft quiz 17-71 Exam Study Guide with 100% Correct Answers

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New York State Auto Damage and Theft quiz 17-71 Exam
Questions And Correct Detailed Answers
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1. Jim Smith is involved in a collision claim and is no longer able to use the

vehicle to go to work. This "loss of use" is referred to as a:


Direct loss

Indirect loss

Loss evaluation

Consequential loss:

Answer> Consequential loss

2. When the rear of the vehicle is damaged and there is a gap between the

trunk lid and the quarter panel, what else on the vehicle should the appraiser

check?


The center pillar

The trunk floor The

quarter panels

The frame rails:

Answer> The frame rails


, 3. In auto physical damage insurance, an insured peril cause of loss is known

as:


Direct loss

Indirect loss

Loss evaluation

Consequential loss:

Answer> Direct loss

4. If an appraiser has to forfeit his bond in New York.The amount of the bond

is:


$500

$1000

$2000

$5000:

Answer> $1000

5. Which of the following is NOT a true statement regarding auto appraisers?


Each appraiser, while engaged in appraisal duties, must carry the license

issued to him by the Insurance Department and display it, upon request, to an

owner whose vehicle is being inspected, to the repair shop representative