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NEW YORK STATE AUTO
DAMAGE AND THEFT QUI Z 17-71
EXAM WITH COMPLETE
SOLUTION
Question : Jim Smith is involved in a collision claim and
is no longer able to use the vehicle to go to work. This
"loss of use" is referred to as a:
Direct loss Indirect loss Loss evaluation Consequential loss
Correct answer: Consequential loss
Question : When the rear of the vehicle is damaged and
there is a gap between the trunk lid and the quarter panel, what else on the vehicle should the appraiser check?The center pillar The trunk floor The quarter panels
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The frame rails
Correct answer: The frame rails
Question : In auto physical damage insurance, an insured
peril cause of loss is known as:
Direct loss Indirect loss Loss evaluation Consequential loss
Correct answer: Direct loss
Question : If an appraiser has to forfeit his bond in New
York. The amount of the bond is:
$500 $1000 $2000 $5000
Correct answer: $1000
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Question : Which of the following is NOT a true
statement regarding auto appraisers?Each appraiser, while engaged in appraisal duties, must carry the license issued to him by the Insurance Department and display it, upon request, to an owner whose vehicle is being inspected, to the repair shop representative involved.The appraiser must leave a legible copy of his appraisal with that of the repair shop selected by the consumer to make the repairs and also furnish a copy to the owner of the vehicle.No appraiser is permitted secure or use repair estimates that have been obtained by the use of photographs, telephone calls or in any manner other than a personal inspection.The appraiser is permitted to traffic in automobile salvage if such salvage is obtained in any way as a result of appraisal services rendered by him for his own benefit.
Correct answer: The appraiser is permitted to traffic in
automobile salvage if such salvage is obtained in any way as a result of appraisal services rendered by him for his own benefit.
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Question : The burden of proof that a covered loss has
occurred is normally a duty of:
The insurance company The adjuster The appraiser The insured
Correct answer: The insured
Question : Before revoking or suspending a license, the
Superintendent must first send _____ notice and give the accused an opportunity for a hearing.
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45 days.10 days.60 days.
