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State Farm Property Exam Questions and Answers (all Correct)| Verified
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
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- Submitted On 26 Nov, 2022 09:53:48
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In property insurance actu...
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Full Set For State Farm Estimatics/ State Farm Property Exam Questions and Answers 2022/2023
1. "On-center" is a term to describe the distance from the center of one framing member to the center of the next framing member, i.e., studs, joist, rafters.
True/False {{Ans- True
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Which of the following refers to being restored to the financial condition you were in before a loss? {{Ans- indemnification
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