Coverage
Applicable coverage for a Penske rental the insured has obtained for 3 months
What is Hired/Non-Owned?
When insured's main contact is listed as unknown, these are some of the potential locations where additional contact information can be found (3)
What is the NOL, older claim, agency/agent?
Captures if the insured's are allowing their employees to utilize their vehicle for personal use
What is in the course of employment?
Impacts how accurately damages are assessed and if something listed on an estimate should be covered
What is damage description?
The second contact attempt with all parties involved, when same-day contact was not successful
What is the next business day?
Law states a driver cannot receive the first $15,000 for BI or $25,000 for PD if they are uninsured during the time of the auto accident
What is LA No Pay No Play?
Option for a drivable vehicle that belongs to a claimant that will NOT have time to obtain an estimate for at least 3 weeks
What is CCC photo estimate?
Impacts what negligence law will apply
What is the loss location?
Best assessment method for a claimant's 2005 Chevrolet Impala that is located at a tow yard and for which liability has been accepted
What is Copart's TLE?
Expectation that should be set with claimants for all DV reviews
What is 30 days?
Vehicle leased for 10 months for an insured with a composite-rated policy
What is vehicle 0-unscheduled?
Resource to locate claimant's contact information when the only available information is their carrier's claim number
What is ISO?
Impacts applicable coverage, permissive use (in the scope), the investigation itself, and is information the insured's and agencies can see on their loss runs.
What is time of loss?
Best assessment method for an insured's 2022 Mercedes Benz, for which the repair shop of choice is out of network
What is appraiser/staff appraiser?
Turnaround for subrogation demand reviews
What is 30 days?
Dollar amount that triggers needing to issue a 2-party check for all insured vehicles that have a lienholder
What is $2,500?