For fill in the blank questions, please use all lower case letters in your answer and if your answer requires a number, use the actual number (1,2,3,4, etc. ). Thanks and best of luck as you take the quiz.
5
6
10
11
(i) Average book values
(ii) Dealer Quote
(iii) Computerized Database
(iv) Bill of Sale
NY01-DTLE
NY02-APPR
NY12-TOYS
NY24-ATV
True
False
Send the unsigned title with the SVB letter to the DMV
Send the signed title with the SVB letter to the DMV
Send the signed title to Copart with the 907A
Send the unsigned title to Copart with the 907A
True
False
Insured's SS #
Account #, if we have it
Contact # for the lienholder, if we have it
Amount of the pay off
Name of the lienholder
True
False
The loss vehicle
Current title
A signed property damage release
Original Lien Release if the DMV shows a lien, but insured states vehicle has been paid off.
Signed title
Claimant vehicle
Verify final TOL showing insured holds partial or all negligence.
Verify claimant is making claim directly with NYCM.
A small gift from NYCM train store for doing business with us
Salvage Bid information sheet for Copart
CCC Market Valuation Report
T/L Appraisal
L36A or L36B, whichever applies
Complete Vehicle Salvage Information under claimant risk tab
Submit to ISO once payment issued.
Add Salvager if applicable.
Determine if we need to set salvage reserves or collision/comp reserves and set the reserves accordingly.
Assign Salvage so Copart can dispatch a tow company to pick up the vehicle if applicable.
True
False
True
False
Options, Location, Vehicle Weight, Mileage
Bill of Sale, Condition, Mileage, Options
Dealer Quote, Vehicle year, Options, Condition
Condition, Location, Options, Mileage