State Specific
In Regards to ATP. AL has a DT but no STP process. What other unique tool does AL have to get a title in SF name?
Bonded Title
2024
Who is State Farms Current President?
John Farney
Currently when reviewing for alternative titling options which is the most up to date resource: JR or Title Disposition Tool?
Title Disposition Tool
How much should a vehicles ESV be to consider a cross state move to dispose of salvage?
$5,000
When does a State Farm Esignature package expire?
7 days
In the state of Arkansas when someone hasn't provided all the paperwork or paid their fees to the DMV their title may be held in what?
Suspense
In a CS owned file how many days after the initial settlement offer has been made should a CA review for potential ROI?
90
What Year was State Farm founded?
1922
MD is a unique state as it carries a two part title also noted as the acronym SIF. What does SIF stand for?
Security Interest Filing
Our goal to get aged salvage over 60 days to as a percent % would be?
Under 30%
Who founded State Farm?
"G.J." Mecherle
Some Canada claims have a specific unit that helps assist coined CCBAT. What does CCBAT stand for?
Canada Cross-Border Assignment Team (CCBAT)
Name 5 elements of what could make up a Quality Contact?
ODM, Calling All Numbers, Email, Physical Mail, Contact Agents office. (Double Tap may also be considered)
What items does the metric: Combined Ratio look at when looking at insurance companies financial health?
The Combined Ratio is the ratio of an insurance company's total incurred losses and expenses to the total earned premium