Auto (Farmers & Bristol West)
Insured hits an animal on the I-17 headed to Flagstaff. What coverage pays out for the damage to their vehicle?
Comprehensive
What is the maximum dwelling amount in the Foremost Star product?
$500k
What is the difference between term and permanent policies?
Term is temporary, permanent policies last the life time of the insured (as long as the insured pays required premium).
True or False: I am required to have the entire VIN of an ATV in order to quote.
False - You can quote without the VIN. It's recommended you get through as much of the quote as possible, jot your questions down, and ask the insured in your next phone call.
Who is the CEO of Farmers Insurance?
Raul Vargas
What coverage is provided under Bristol West Roadside Assistance?
1. Towing of a covered disabled auto up to 15 miles or to the nearest qualified repair facility, whichever is closer
2. Labor on a covered disabled auto at the place of disablement
When selecting "Extended Replacement Cost" in Foremost Star, what is the automatic percentage included?
125%
What are the term lengths Farmers offers?
10, 20, and 30 years.
What are the underlying liability requirements on an auto insurance policy in order to qualify for an umbrella policy?
$250/$500k
Farmers will insure a vehicle if the cost new doesn't exceed....
(i.e. what the 2007 Lamborghini Gallardo cost in 2007, not today)
$250k
What is required in order to schedule a personal article on someone's Farmers Flex Home or renters insurance policy (more than $5001)
An appraisal no more than 5 years old is required and/or bill of sale.
What is the minimum death benefit amount for a Simple Term Life Policy?
False. Since the side by side is over 2 vehicles, UM/UIM coverage will not extend from my auto insurance policy.
What year was the Stephanie Robert Agency established?
2017
What is the difference between "Standard Towing" and "Enhanced Towing" In Farmers Flex?
Both options include the reasonable and necessary towing and labor costs related to a disablement. Enhanced Roadside and Ride Assistance provides for additional disablements per policy period, up to 100 mi of towing, mobile battery testing and installation (less the cost of the battery) and up to $25 in alternate transportation from a disablement.
True or False: E-bikes and Golf Carts covered under a homeowners insurance policy? (Motorized power only)
False. E-bikes and Golf Carts Coverage must be included by endorsement on a homeowners insurance policy.
HOWEVER, for golf carts, Foremost Star is HIGHLY recommended as it offers a better policy and coverage, and also provides an additional discount on their other lines of business.
What is the age requirement for someone to acquire a simple term life insurance policy?
18-65 years old.
(Fun fact - must be 18-75 for Value Term!)
What is the information that isn't required, however extremely important for getting the most accurate rate possible?
Social Security Number
How many times has the Stephanie Robert Agency been nominated for President's Council?
3
True or False - Real estate agents are required to carry rideshare coverage?
False. Real estate agents are suggested to cover their vehicle with "business" usage listed on the vehicle. They are not required to purchase rideshare coverage.
What are the Special Limits on Personal Property - Coverage without purchasing a scheduled personal property floater for Jewelry, Watches, Precious and Semi-Precious Stones, and Furs in the enhanced package? (Farmers Flex)
$1,000 per piece / $2,500 aggregate
What is the policy that we are able to offer most insured's as long as they are between the ages 18-80, and not currently dying or advised by a medical professional they are dying?
(Hint - minimum $5k and maximum 30k face amount!)
Farmers Graded Death Benefit Whole Life Policy (Commonly referred to as FUDGE BOWL)
What is the maximum value for an ATV before underwriting review is required?
$30k
True or False: Foremost Star Home has NO BREED RESTRICTIONS on dogs.
FALSE. Foremost Star has breed restrictions, whereas Farmers does not!