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Coverage Verifier
Description Coverage Verifier — a new service from ISOs A-PLUS unit — provides personal auto and homeowners insurers with the policy-level information they need to make better risk-selection and pricing decisions.
The system reveals much more than just the basic facts about existing and previous coverages on insureds. Youll use Coverage Verifier to:
identify personal auto and property risks with current, lapsed, or suspended coverage confirm appropriate pricing tiers and discounts reduce processing time increase productivity improve customer service improve agent satisfaction increase sales-close ratios Coverage Verifier provides the most complete history of risk available in the industry today. And youll be able to access that critical information at point of sale.
A wealth of policy-level information Coverage Verifier satisfies the industrys need for accurate underwriting information. The system supplies a wealth of policy-level information — information you can use to verify coverage representations on the application and support sophisticated market pricing and segmentation.
Every time you search the database, Coverage Verifier will supply data on all insureds listed on the policy. Youll get:
policy-in-force status cancellations, lapses, and reinstatements coverage period coverages, limits, and deductibles driver and vehicle information, such as drivers license numbers and vehicle identification numbers (VIN) insurance discounts
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