State Farm Estimatics (Estimatics)

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STATE FARM ESTIMATICS EXAM / 100+ QUESTIONS AND CORRECT ANSWERS 2023/2024 GRADED A+ BEST FOR REVISION . 2 / 8 1. Removal of shingles: estimate for the actual number of squares (not square feet). No estimating or rounding 2. Replacement of shingles: a) Include waste in the calculation -10% - Composite -15% - wood b) Round up to the nearest bundle -Assume 3 bundles per SQ for composite shingles -Assume 4 bundles per SQ for wood 3. What do wood shingle estimates always end with?: fourt...

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State Farm Estimatics Exam Updated (2024) Questions and Answers (Verified Answers)

which of the following refers to being restored to the financial condition you were in before a loss? - Correct answer-indemnification mark incurred 8000$ damage to his car in an accident. he received 8000$ from his insurance company and 4000$ from the other driver. by receiving a profit from the loss, Mark is in violation of.. - Correct answer-principle of indemnity the transfer of risk from one party to another is called - Correct answer-insurance the principle of indemnity is designed to prev...

The formula for determining the area of a trapezoid is: Select the single best answer: A. [(Base1 + Base2) ÷ 2] x Height B. ½ Base x Height C. Base x Height D.