Driving Course > EXAM > Alabama Adjusters License Complete Questions And Answers Rated A+ (All)
Alabama Adjusters License Complete Questions And Answers Rated A+ Accident Insurance ✔✔Covers expenses associated with a covered accident and can extend to ambulance and emergency room expenses, i... ntensive care, and hospital costs. Accident insurance also provides for loss of income, and a death benefit if injuries prove fatal Accumulated Depreciation ✔✔The total decrease in an item's value over a period of time. Formula: (annual depreciation x number of years used). Subtract this number from the item's replacement cost to get its actual cash value (ACV). Acreage Reporting Date ✔✔In crop insurance, the deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. [Show More]
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