Compliance quiz June 2023

Writing a home without pictures is fine as long as the client promises to provide them.

• NO

• Yes

• No, but I'll do it anyway

• You can use the Google pics from five years ago

What options do we have to gather required signatures?

• DocuSign

• Carrier ESign

• Mail/in person

• All of the above

Adding towing coverage is better than offering a AAA membership

• Only on PLPD vehicles

• Correct

• Incorrect

• Only if they have AAA

Which is one of our recommended deductibles?

• $500 Comprehensive with full glass

• $1,000 Standard Collision

• $250 Comprehensive

• Whatever they ask for

What is the industry standard for home insurance liability limit?

• Twice the house value

• Whatever they ask for

• $500,000

• $250,000

When should you create the customer profile and add your Binder new Business suspense?

• While quoting

• When the policy is sold

• When Melissa sends you an email

• When the insured completes the application

What is true about mini-tort?

• Delicious!

• Should be added to all MI auto policies

• Should only be added if asked for

• It is not needed

When a monoline auto policy is approved, you should

• Place it with Citizens

• Write a 12 month policy

• Note in the BNB the approval and reason

• There is no approval because Monoline is better

When should you collect trailing documents like roof age, grades, application, etc.?

• When you bind the policy

• Within 30 days of binding the policy

• Never, service will do it

• After Melissa asks for them

Proof of Prior Insurance (POP) needs to include what information

• Name, liability limits, policy term

• Name

• Address

• Policy term