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State farm property 2022-2023 exam Questions and Answers |Verified
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State farm property 2022-2023 exam Questions and Answers |Verified
Which of the following refers to being restored to the financial condition you were in before a loss? {{Ans- 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..
{{Ans- principle of indemnity
The transfer of risk from one party to another is called {{Ans- insurance
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Which of the following refers to being restored to the fi...
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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
2. Select the False statement:
...
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State farm property 2022-2023 exam Questions and Answers |Verified
State farm property 2022-2023 exam Questions and Answers |Verified
Which of the following refers to being restored to the financial condition you were in before a loss? {{Ans- indemnification
Mark incurred 8000$ damage to...
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