To provide the service your agents expect, you need to deliver comprehensive quotes on the spot. But incorporating the specific classes, coverage features, and requirements for complex lines can be challenging. PolicyRater quickly provides ISO®-based rates for commercial lines policies, allowing you to increase efficiency and shorten time to market.
Delivering unparalleled speed and simplicity to MGAs nationwide
PolicyRater possesses native integration with the full suite of Vertafore insurance technology products as well as an SDK that delivers integration with a virtually limitless number of systems.
Multi-state commercial auto features
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- True multi-state rating with enhanced company setup
- Experience rating
- Target premium calculation
- Stated amount rating
- Law, fire, ambulance, and funeral autos
- Leased auto (additional insured-lessor) option
- Blue Book® valuation system look-up and import capabilities
- More
General liability features
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- Experience rating
- Target premium calculation
- Allow use of ELPs when code is A rated
- Worker’s compensation code cross reference
- Terrorism rating available in all 50 states
- ELP and A rated liquor liability codes
Commercial property features
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- Multiple user defaults
- Territory look-up
- Target premium calculation
- Add multiple locations, buildings, and contents
- Fire code look-up
Worker’s compensation features
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- Multi-state functionality
- Worker's compensation code look-up and cross reference
- Multiple user defaults
Additional features
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- Policy cancellation wheel
- CLM look-up
- Manual endorsements added at Client Utilities Summary with the same functionality as
- Manual endorsements at the line level (e.g., dollar or percentage)
- All print features available from the Client Utilities Summary
- Carrier-specific rates for multiple E&S carriers
- Policy cancellation wheel
- CLM look-up
- Manual endorsements added at Client Utilities Summary with the same functionality as
- Manual endorsements at the line level (e.g., dollar or percentage)
- All print features available from the Client Utilities Summary
- Carrier-specific rates for multiple E&S carriers