UPDATED NY State Auto Damage New York EXAM with Q&A VERIFIED ANSWERS GRADED A

UPDATED NY State Auto Damage New York EXAM with Q&A VERIFIED ANSWERS GRADED A 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 When the rear of the vehicle is damaged and there is a gap between the trunk lid and the quarter panel, what else should the appraiser check on the vehicle? The centre pillar The trunk floor The quarter panels The frame rails - CORRECT ANSWER-The frame rails 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 If an appraiser has to forfeit his bond in New York. The amount of the bond is: $500 $1000 $2000 $5000 - CORRECT ANSWER-$1000 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. 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 Before revoking or suspending a license, the Superintendent must first send _____ notice and give the accused an opportunity for a hearing. 3 months 45 days. 10 days. 60 days. - CORRECT ANSWER-1o days The linkage between the camshaft and the valves is commonly known as the: piston. crankshaft. valve train. cylinder. - CORRECT ANSWER-valve train Which of the following is the computer in the vehicle? Controller Pump Speed Sensors Valves - CORRECT ANSWER-Controller Payment may be made if which of the following procedures has been executed? A partial signed release A Walk-Away release A prima-facia signed release None of the answer choices is correct. - CORRECT ANSWER-A Walk-Away release/The Walk-Away release indicates the final disposition of the matter and relinquishes the claimant's right to sue so payment may be issued. In some states the signing of the payment check indicates a Walk-Away release. If an insured fails to comply with the immediate notice of claim requirement, which of the following could happen? The loss will be partially paid. The coverage could be denied. The premium will be returned. The policy will be cancelled. - CORRECT ANSWER-The coverage could be denied On what date must an adjuster license be renewed? December 31 - even numbered years April 1st of every other year The license is continuous unless canceled or revoked January 1st every four years - CORRECT ANSWER-December 31 - even numbered years What part of the exhaust system reduces the amount of pollution released into the environment? Muffler Tailpipe PCV valve Heat shield - CORRECT ANSWER-PCV valve What is the first molding called on the outside of the vehicle under the window? Side body molding Edge panel Door decal Sill - CORRECT ANSWER-Side body molding When performing an appraisal the vehicle should be inspected: From the rear to the front From the point of impact From the front to the rear None of the choices are correct - CORRECT ANSWER-From the front to the rear Which of the following is NOT a duty of an auto appraiser? List unrelated damage to the vehicle Describe condition of the vehicle Identify betterment or depreciation Determine "loss of use" damages - CORRECT ANSWER-Determine "loss of use" damages In rear wheel drive cars and trucks, the engine turns: the transmission which is connected to a reduction gear via the driveshaft a driveshaft which transmit rotational force to a drive axle at the rear of the vehicle the transaxle with a differential and universal joints between the wheels and creates constant velocity None of the responses are correct - CORRECT ANSWER-a driveshaft which transmit rotational force to a drive axle at the rear of the vehicle If the 7th VIN is a number, then the vehicle was made prior to: 2000. 2005. 2010. 2012. - CORRECT ANSWER-2010 What component turns rotary motion of the crankshaft into up and down motion? Camshaft Piston Cylinder Engine block - CORRECT ANSWER-Camshaft Appraisers may secure or use repair estimates that have been obtained by the use of: Telephone calls Photographs Personal inspection All of the responses are correct - CORRECT ANSWER-Personal inspection Which of the following are factors to consider when estimating a flooded vehicle? I. Type of water II. Amount of time submerged III. Height of the flood IV. How quickly can repairs begin I, II and III only II, III and IV only I, II, III and IV I, III and IV only - CORRECT ANSWER-I, II, III and IV Determining the value of a damaged vehicle as to its replacement value or actual cash value it referred to as: Damage value Diminished value Loss valuation Market value - CORRECT ANSWER-Loss valuation/This is called loss valuation. The insurer reserves the right to repair or replace the damaged vehicle. Which of the following would be considered a deceptive act on the part of an adjuster? Paying a claim based on a properly completed proof of loss. Denying an Uncovered Claim Refusing to complete a claim until the insured has paid his/her renewal premium. Paying a claim in a timely manner - CORRECT ANSWER-Refusing to complete a claim until the insured has paid his/her renewal premium. Which one of the following is NOT included in a typical anti-lock brake system?