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Last Update : 2009/05/01 |
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Question / Issue |
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How do I determine which "Prior Transfer Level" to choose? What do each of them entail? |
Answer / Solution |
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Prior Transfer Level (Driver F4 tab-Driver Attributes/Discounts grid): The Prior Transfer Level entry field will only appear on this screen if you select a specific company in the Prior Insurance Carrier entry field. When you select a specific company from the Prior Insurance Carrier entry field, this is considered the renewal company and will receive a renewal discount, if applicable and if you have that company installed and turned on to rate. A Prior Transfer Level discount will only apply to the company that you selected in the Prior Insurance Carrier field and only if that company allows this discount. The company you select as the prior carrier:
NOTE: Since companies may have differing definitions for these levels, you will need to refer to the company's underwriting guidelines on this. |
Direct Link to This FAQ |
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http://www.itcdataservices.com/support/cmpfaq/?f=138 |
Tags |
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Prior transfer level discount |