Generating and Submitting a QuoteOverview
Generating and Submitting a Quote
To generate a Site Built Dwelling quote, you enter required information into modernLINK® forms displayed in your browser. Built-in editing rules and a software-based underwriting engine help to generate quick, accurate quotes.
If the supplied information passes validation and meets underwriting criteria, a quote can be immediately submitted for issuance. If a quote is not immediately validated and requires additional review by American Modern underwriters, the quote can be submitted with an attached memo. If a quote should not be submitted or requires review because of underwriting exceptions, system messages advise you of potential problems. (See "Submit the Quote" for additional information on quote and application statuses.)
You can print a quote or save it for later updating without submitting it. Quotes that are saved without being submitted for review or issuance can be retrieved for six months.
|
|
The modernLINK Site Built Dwelling Rate, Quote and Submit system provides a basic quote as soon as the minimum required information has been entered. |
Submitting the quote is a separate and final step in the process and indicates that you wish American Modern to issue the insurance. Your ability to submit a quote is based upon your security profile.
The quote and submit process consists of these eleven basic steps:
Enter Basic Information.
Enter Eligibility Information.
Loss History Information
Select an Eligible Product (if required).
Enter Agency Info (if more than one possible Agency Code, Sub-Producer Code or Company).
Select Location Definition (if split rating territory).
Select an Available Program (if more than one possible).
Select Coverages.
Basic Coverages
Miscellaneous Coverages
Credits/Surcharges (if applicable)
Enter Valuation Request (for replacement cost policies).
Enter Underwriting information.
Enter External Underwriting Request information (if required).
Review and validate CLUE Results (if applicable).
Enter Client Info.
Lienholder (Loss Payee, Mortgagee)
Select Billing Option.
Enter Billing Information (if applicable).
The process begins with Generating a New Quote.
