State Farm Property (StateFarmProperty)

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

State Farm Acronyms/ Fire Exam Questions And Answers AAL - ANS Agency Administrative Leader AAS - ANS Agent Advertising System ABS - ANS Agent Business System ADA - ANS Agent's Draft Authority AIP - ANS Auto Insurance Plan RMP - ANS Residual Market Plan AMS - ANS Account Management System AOC - ANS Agent Office Catalog APA - ANS Automated Payment Authorization ARRP - ANS accident record rating plan ASR - ANS agency sales resourc...

STATE FARM PROPERTY AND CASUALTY EXAM QUESTIONS AND ANSWERS duties of the insured - ANS 1. pay the premium 2. take all reasonable means to save and protect the property from loss 3. give the insurance company immediate notice of loss 4. give the insurance company proof of loss within 60 days of the loss 5. separate the damaged property from the undamaged property and allow the insurance company to inspect the undamaged property as well as the insured's books and records 6. the i...

State Farm License- Standard Fire Policy Exam Questions And Answers Standard Fire Policy - the policy written for both Personal Lines (residential home or dwelling) or as Commercial Lines (official building) are the same! - fire insurance is another name for property insurance - can insure the building structure and/or the personal property. - not a HO policy since it does not cover theft of content and does not have liability coverage - never sold w/o adding Endorsement to ...

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