North Carolina Insurance Basics
In the Accident/Violation ID Code, this letter in the first position denotes a Prayer for Judgment Continued (PJC), which can lead to forgiven incidents.
What is ‘p’.
For underwriting and rating, this term describes individuals living together who share financial responsibilities and daily living needs, including domestic partners and civil unions, based on customer disclosure.
What are cohabitational partners?
When underwriters deny a PT request to change or add coverage, this letter is sent to the insured or agent.
What is a E-90?
What 2006 movie did State Farm sponsor?
What is the movie Cars?
When underwriters deny a PT request to change or add coverage, this letter is sent to the insured or agent.
What is the E-90 letter?
In North Carolina, full driving information must be collected for all registered owners who are listed as named insureds, except for this group.
What are spouses?
Cedable coverages include the following:
What is Liability, Medical Payments and Uninsured (U) or Uninsured/Underinsured (U1) coverages.
When an out-of-state MVR reports a speeding conviction without specific speed or zone details, underwriters must request this from the agent; if no response is received, the violation is coded with this letter, carrying one point.”
What is a 'Z'?
This screen, accessible from both the HP and Household Clients screens, allows users to view a client’s current household exposures, adjust client household dates, and review policy and car assignments including their issued status in multicar states.
What is the 'Client Rating Information' screen? (CRIC)
This method of indicating responsibility on a policy, which avoids naming every party involved, is not permitted under North Carolina underwriting procedures.
What is an ‘owned by’ endorsement?
This term describes when a policy moves within the same state but between different servicing offices.
What is a Region-to-Region Transfer?
What ConnecZ screen allows us to review surcharge start and stop dates for current and prior terms?
What is the (PRH) Policy Rating History Screen?
This 1940s transportation method helped improve mail delivery efficiency.
What are roller skates?
This position of the class denotes SDIPs.
What is the 5th position of the class?
This rating adjustment requires that all household drivers have at least two years of driving experience and no SDIP points in the past three years.
What are Clean Risk Rates?
This letter is selected within the UDP to cancel a policy with no liability coverage in North Carolina.
What is the Letter 1?
In what year did State Farm begin operations?
What is 1922?
When the Certificate of Higher Limits form isn’t received, this letter is sent to fix the uninsured/underinsured motorist limits.
What is the E-862 letter?
What the different remark options we select from the dropdown menu in UDP for Private Passenger Policies in North Carolina? (Name 3 Selections)
What are R1 or R2, E4 or E6, or UNOC coverage?