Question / Issue |
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What is the Insurance Score entry field used for - shown on the Policy tab? |
Answer / Solution |
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Insurance Score entry field:
- It is used for those companies that have provided ITC with an assume credit level rate.
- If you do not want to order a live credit score for those companies, you will receive a rate calculated and based on the selection from this entry field:
- Best
- Average
- Worst
- No Hit
- No Score
- There are companies that have not provide an assumed rate and therefore may not rate without running a live credit score (this does not apply to those companies that do not base the rate from a credit score).
- Most Real Time rating companies will not send back a rate without a credit score.
NOTE: If you do run a live credit score, it will override what you have selected in the Insurance Score field. |