Quotes
Key terms
quote |
A document defining an insurer's coverage terms and conditions as well pricing for a designated product. Binding and issuance occur at the quote level because a proposal may contain more than one quote option. |
Quotes
Depending on the Agent Quoting and Underwriting Automation status of a submission, some quote-related actions may not apply. For example, a quote on a submission that is eligible for agent quoting and has an Underwriting Automation status of Auto Quote or Auto Bind does not include separate steps for rating, generating the quote, and sending it to a producer; as soon as you generate the quote it is sent automatically to the producer.
When multiple-product quoting is enabled, you can select the products for each step in the quoting process. If a submission’s product has multiple quotable products (for example, Property Primary and Property Excess may be quotable for Commercial Property), you can create quotes for those specific products.
The following actions are available for quotes.
Action |
For details, refer to... |
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Compare quotes in a proposal |
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Copy a quote |
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Delete a quote |