PA MOTOR VEHICLE DAMAGE APPRAISER LICENSE WITH VERIFIED ANSWERS UPDATED 2023 GUARANTEED DISTINCTION
What is the maximum amount of time that a
license
... [Show More] can be suspended for? - Answer 12
months
Any person who violates any of the
provisions of this act is guilty of a
misdemeanor and upon conviction thereof,
for each offence, will be sentenced to pay fine
not exceeding __ or _______. - Answer $500 or
undergo imprisonment not exceeding one
year or both.
The appraisal must: - Answer -be signed by
the appraiser before the appraisal is
submitted to the insurer, the consumer, or
another uninvolved party. (may utilize the
electronic signature)
-Not use abbreviations or symbols to
describe work to be done or parts to be
repaired or replaced unless an explanation of
the abbreviations and symbols are included.
-The dollar amount
-A statement informing the consumer that
information regarding repair facilities which
will be able to repair the vehicle for the
appraised amount is available from the
insurer. If the consumer recieves information
from the insurer, the information must
include discolosure that there is no
requirement to use any specified repair shop.
If salvage value is listed, the appraiser must
disclose to the consumer in writing: - Answer
-the name and address of each salvage
bidder
-the amount
-the expiration date of each salvage bid
known
Guide Source Method - Answer The appraiser
must calculate the average of two figures
reflecting the retail book value of a vehicle of
like kind and condition, as provided by guide
sources approved by the Commissioner.
Actual Cost Method - Answer The appraiser
must determine the actual cost of purchase
of an available motor vehicle of like kind and
quality in condition similar to or better than
the motor vehicle being appraised in its predamaged condition.
Dealer quotation method - Answer The
appraiser will consult with dealers or other
persons knowledgeable in the field to secure
quotations as to the value of the motor
vehicle being appraised.
Applicant Age - Answer 18 years or older
How long do you have to wait to be eligible to
retake an examination if you fail? - Answer
30 days [Show Less]