Auto
A prospect has a townhome where they are only responsible for the interior and they rent it out to someone else - what kind of policy would they need?
A condo policy.
What are the driving factors that are monitored by Drivewise?
Speed
Braking
Driving time of day
Phone usage
Explain service line coverage & give an example
Covers you if a service or utility line leading to your home ruptures, leaks, collapses, tears, or breaks and it's your responsibility (not your municipality's) to have it fixed.
EX: Internet, electricity, water
T/F
Installment fees are included in the price shown in the cart during a quote
False
No.
Bonus Points -
What if they are the grantor and they are renting it out to someone else?
T/F
Installment Fees for ASC renters and ACM auto are the same
False
Bonus points - What are the fee amounts?
Explain the deductible waiver.
For bundled policies, if the home and car(s) are damaged in the same occurrence (such as a storm that damages the roof and cars), only the highest of the deductibles (typically the home deductible) will apply, waiving the comprehensive deductible on the auto policy.
How is the Drivewise savings/surcharge broken down?
10% participation savings + performance rating.
This can combine to create an overall savings or surcharge.
What is the minimum auto liability limit for an RLI umbrella policy?
500/500/50*
*Can we offer these limits?