Business > QUESTIONS & ANSWERS > StateFarm Exam Prep 2023 Update (All)

StateFarm Exam Prep 2023 Update

Document Content and Description Below

Which of the following is eligible as a private passenger vehicle? - ANS-Sport Utility Vehicle What part of the MVR shows any driving offenses recieved for a violation such as a suspension or rev... ocation? - ANS-License status What action should be taken if the Motor Vehicle Report displays the message "MVR status clear"? - ANS-Identify the license status and expiration date and note the violations to be entered in the quote/application Where does the Customer Underwriting Index(CUI) consolidate info from? - ANS-The Insurance Risk score, the Loss History Report, and the previous insurer report What does a Motor vehicle record(MVR) provide? - ANS-Provides license details, moving violations, and police reported accidents How many vehicles can be quoted in an integrated auto? - ANS-4 Which of the following changes would be covered by a policy change? - ANS-The policyholder would like to add a new vehicle along with a new driver to the household All of the following are important elements regarding auto policy changes except: - ANSChanges in household drivers may affect driver assignments Mary has purchased a 2019 toyota camry that will replace her 2009 Honda Civic. To complete this change you will: - ANS-Complete a policy transaction in NECHO When a policyholder calls after having an accident, which of the following questions can an agent's office answer? - ANS-Questions on whether the policy holder is covered When can an agent use Agent's Draft Authority? - ANS-Agents can use ADA when the total amount for any one occurence does not exceed the authority available under ADA, and all other requirements are met. Which of the following is a service option in areas where Select Service and Staff inspection are limited or not available? - ANSBusiness owners like to spread their insurance needs across many companies to protect themselves. (True or False) - ANS-False The Business Lines Resource (BLRC) is only used to check the status of the policy and how much the customer owes.(True or False) - ANS-False... [Show More]

Last updated: 2 years ago

Preview 1 out of 4 pages

Buy Now

Instant download

We Accept: