Affiliate Portfolio View
An automated connection of policies for the purpose of multi-line rating.
What is Affiliate Portfolio View?
This is systematically maintained and will be refreshed at each renewal for every policy in PC.
What is Auto Portfolio View
This requires a driver be under the age of 25, have a valid DL, and complete a specific program.
What is Steer Clear.
Allows up to 40 vehicles to be covered.
What is a Multi-Car Policy.
This relies less on manual input and more on utilizing existing policy, consumer report data to rate policies, and match price to risk.
What is ERP?
This premium adjustment is applied effective the date of the transaction, including mid-term, when an insured has other lines of business with SF.
What is Multi-line?
This is a place that outlines policies included in a policy’s Auto Portfolio View.
What is Related Policies tab
This is one of the discounts that was discontinued with the implementation of PC.
What is Driver Training, Good Student, Passive Restraint, or Student Away at School Discounts.
Liability (BI & PD) & Medical Payments are examples of this type of coverage in PC.
What is Policy Level Coverage.
This refers to factors like multiple cars, multiple lines, and being accident free.
What are Premium Adjustments?
This policy type is NOT included on the Affiliate Portfolio View.
What is a Health Policy.
Where the Auto Portfolio Capture date can be found in PC.
What is the Quote Tab?
Applies a discount to bodily injury, property damage liability, medical payments, comprehensive, and collision coverages.
What is Drive Safe and Save
What is a regular driver
OR
What is a student away
The removal of this has created a system where price associated with all the drivers on the policy is shared across all vehicles.
What is a Driver Assignment?
New or canceled policies will be refreshed and will impact the auto policy midterm.
What are Affiliate Policies.
These are the criteria for a Policy to appear on the Auto Portfolio View.
What is same vehicle use, named insured or listed drivers.
The system calculates this by the number of years without State Farm incurred claims, subject to the maximum tenure of the policy.
What is Accident-Free Premium Adjustment
Provides coverage for veterinarian expenses in the event of a covered accident.
Supplementary Pet Injury Benefit
This will not be used in rating or for determining eligibility, or company placement, and is no longer a factor for the Steer Clear Program.
What is a minor violation?
A seven-day waiting period after the effective date of the policy before processing this is triggered.
What is Multi-Line Premium Adjustment.
The multi-car adjustment is reflected midterm.
What is a vehicle being added or removed from the same MCP.
IL & OH
These are coverage changes that are no longer available in PC and are often used seasonally in Legacy.
What is a partial or total coverage suspension.
Applicants will no longer be asked questions about this factor used in Legacy since we will systematically obtain the data in PC.
What is Previous Insurer Report (PIR)
OR
What is Loss History Report (LHR):