State farm estimatics Study guides, Class notes & Summaries

State Farm Estimatics Exam | 100% Correct Answers

STATE FARM ESTIMATICS EXAM 2023-2024 ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A

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under an FP-7955 policy, deductibles apply to which of the following types of losses. correct answer: B. Fire department service charges in the FP-7955 policy, Coverage C consists of three coverages: 1. Additional Living Expense, 2. Fair Rental Value and 3. Property Removed. True or False? correct answer: B. False Jennifer Marco has a FP-7955 policy with coverage B limit of $75,000, a $500 deductible and no option AI, ID, FA, or JF. Which of the following statements is true concerning he...

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Removal of shingles Correct Answer: estimate for the actual number of squares (not square feet). No estimating or rounding Replacement of shingles Correct Answer: 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 What do wood shingle estimates always end with? Correct Answer: fourths. .25, .5, .75, .00 What do composite shingle estimates always e...

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...

State Farm Estimatics Exam (2022/2023) (Verified Answers)

State Farm Estimatics Policy Study Guide 2024 Questions and Answers 2024 / 2025 (Verified Answers by Expert)