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 - 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 on the vehicle should the appraiser check?

The center pillar

The trunk floor

The quarter panels

The frame rails - 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 - Direct loss

If an appraiser has to forfeit his bond in New York. The amount of the bond is:

$500

$1000

$2000

$5000 - $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. - The appraiser is permitted