External Underwriting Request

External underwriting refers to the two possible reports required by American Modern for certain programs and/or when certain information is supplied during the quote process. External underwriting requests include:

Credit Score: An insurance credit score may be used as part of the underwriting evaluation.

Some states may not allow the use of credit information to decline an applicant. Insurance credit scores will only be used as part of the underwriting evaluation in states that allow the use of credit information for acceptability of a risk.

American Modern Insurance Group uses the ChoicePoint CPLink ATTRACT Property scoring model to obtain credit scores on Site Built Dwellings.

modernLINK® limits the number of times credit score and CLUE information are retrieved. If the number of tries exceeds the limit, you can continue to submit but must attach a memo to the application.

CLUE Report: A Comprehensive Loss Underwriting Exchange (CLUE) report is used as part of the underwriting evaluation. This report provides a record of previously submitted claims to compare with the information you have entered in the current quote. A CLUE report provides the following information: date of prior loss, cause of prior loss, where the loss occurred, and amount paid for the loss. Not all losses are reported to CLUE.

To issue an External Underwriting request:

Complete the External Underwriting Request form.

Ensure that the credit disclaimer is read to the applicant.

External Underwriting Request information includes:

Label	Description
Disclaimer	Select check box to indicate that you have read the disclaimer to the applicant to approve ordering of the Credit Report.
First Name	The applicant's first name, carried over from Basic Information.
Middle Initial	The applicant's middle initial, carried over from Basic Information.
Last Name	The applicant's last name, carried over from Basic Information.
Social Security Number	The applicant's social security number.
Date of Birth	The applicant's date of birth, carried over from Basic Information.
Spouse/Secondary First Name	The spouse/secondary first name.
Middle Initial	The spouse/secondary middle initial.
Last Name	The spouse/secondary last name.
Social Security Number	The spouse/secondary social security number.
Date of Birth	The spouse/secondary date of birth.
Is mailing address same as location address?	If Yes, mailing fields are autofilled.
Mailing Address	The applicant's mailing street address.
Mailing City	The applicant's mailing address city.
Mailing State	The applicant's mailing address state.
Mailing Zip Code	The applicant's mailing ZIP code.

Click Next.

The result is one of four possibilities:

A) If a credit score is pulled and is unacceptable, you are notified and advised to print the Credit Notice form (see # 3 below).

B) If CLUE data exists, the CLUE Results page opens. If there is no CLUE data, the page does not open.

C) If the results of all reports are acceptable, the Client Info page opens.

If the applicant's credit is unacceptable, print a credit notice and give it to the applicant. Select the Print page menu command and click Credit Notice. The quote can be saved for future reference if required.