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WorksheetsUW Training Recap
Total questions: 50
Worksheet time: 13hrs 30mins
Customer wants to add a 1975 Chevrolet Corvette for $15k. There are 3 licensed household members- two parents and one full time student. There are two regular use vehicles in the house other than the collector cars and all other underwriting sounds fine.
Can Consider
Decline
Customer calls on her NJ policy wanting her daughter to occasionally drive the collector car to a show. She has 5 years of driving experience and only one speeding ticket 1 year ago.
Decline
Can Consider
What does this button allow you to do in Unity?
Transfer a Call
Pause the Call Recording
Put the Customer on Hold
Put Yourself in Unavailable
You should click the [ (a) ] button every time you reset a task in CRM - this tracks how many follow up attempts were made.
If the customer calls to pay late and they are more than 30 days past due, we will need a [ ] upfront prior to taking payment.
Verbal No Loss
Written No Loss
Bill of Sale
Written Request to Pay
Customer wants $500k CSL liability in Virginia: (Mark ALL that apply)
Get a copy of the PAP upfront
Run the Household MVR upfront
This limit is unavailable
Nothing additional is needed and we can bind
Get supervisor approval upfront
We can consider insuring this dune buggy:
True
False
We will rate a vehicle with the modified rate if it falls in the following categories: (Mark All that Apply)
$10k custom paint job
600+ horse power (not original to when manufactured)
$15k+ custom paint jobs
Big Tires
ProStreet Cars (geared for racing)
The following is an example of a carport we would consider depending on the state in which it is located and the overall risk.
False
True
Indicate what rating you would give the following vehicle based on the paint job.
Antique/Classic
Modified
Special Interest
What vehicle type would we most likely put the following vehicle in?
Modified
Antique/Classic
Special Interest
Our guidelines are mostly black and white situations - we very rarely make exceptions to these rules.
False
True
We would most likely place the following vehicle in what category?
Special Interest
Modified
Antique/Classic
You would most likely place a standard 2018 Lamborghini Aventador in what vehicle category?
Antique/Classic
Modified
Special Interest
What type of coverage would you offer on this matching mini-trailer shown here behind the collector car?
Comprehensive Only
Comprehensive & Collision Only
Liability & Comprehensive Only
Full Coverage
When a customer requests an agreed value at #1 value or higher, we will need to get [ (a) ] upfront to review first.
The [ (a) ] button allows us to access the current term to add a car after adding it to the renewal term.
What tier will we place most risks under?
7,500
2,500
5,000
Unlimited
1,000
Customer calls wanting to add a vehicle valued at $30k and they indicate it's in very good #2 condition.
NADA shows the following range: $10,400 $23,000 $41,500.
How do you handle?
Add the car for $30k
Request photos upfront to justify the $30k
Offer to add it at $41,500
We can consider reinstating a late policy as long as we are no more than [ (a) ] days past due. This is the furthest out/latest we'd still consider reinstating.
What deductible should we typically default to when quoting new exotic vehicles?
(a)
Customer in New Jersey advises that they had a DUI 4 years ago.
Doesn't qualify
Qualifies
In the state of [ (a) ] there is no liability coverage available for vehicles. This is the only state where we can only offer physical damage (comprehensive/collision).
How many days can we backdate removing a car from a policy without needing a bill of sale?
(a)
When we have to correct a VIN on a vehicle, we would typically make this effective for tomorrow.
True
False
Our policies are written based on the [___] state.
Garaging
Registration
Mailing
How should you typically handle a carport situation that we can consider? (Mark All that Apply)
Google Map or Photos Upfront
Supervisor Approval
$1000 deductibles
$2500 deductibles
Decline
We can use the 'additional policy' button as long as it's for the same person.
True
False
Underwriters with less than 1 year of experience at ACI should be reviewing single vehicles valued at [___] or higher with someone prior to binding.
$60k
$100k
$150k
$200k
Customer calls wanting to add a vehicle valued at $8k.
NADA value range shows: $2,500 $10,300 $15,800.
How do you handle?
Add the car for $8k
Request photos upfront to review condition/justify the value.
Decline the risk.
Please indicate how you should handle a call where the customer is paying late and there is a hurricane restriction actively in place in their area. (Mark All that Apply)
Advise the customer that they should call us back every couple days to see if the restriction is lifted.
Create a Task in CRM to follow up
Advise we will call them once lifted to see how to proceed
Take the late payment now
We can never consider vehicles titled and registered to a business name.
True
False
When we add a car to a PA policy that currently has non-stacked um/uim coverage, what will we need to follow up for?
PA booklet UM/UIM forms
PAP Dec pg
PA Booklet UM/UIM forms & PAP Dec pg
What button should you be using whenever you need to do a rewrite of a policy either due to being expired or due to an issue state change? (Hint: It allows you copy info into a new application)
(a)
What rate should you choose when cancelling a policy midterm due to an issue state change rewrite?
Flat Rate
Pro Rate
Short Rate
In what state must we complete a RTA form to provide customer proof of insurance every time we start new biz or add cars?
(a)
When a policy is in Active status this always means there is no payment due.
True
False
You can process a change in the midst of doing a reinstatement of a red cancelled policy.
True
False
We need a written request from a customer any time we have to remove a car from a policy.
True
False
[ (a) ] is the person hired by the UW carrier to go out and review/assess the damaged property for a claim.
What is the full email address that an American Collectors broker would use - where broker changes should be sent i.e. for broker mergers/first time broker setup etc.?
(a)
Which of the following cannot be done by a broker on the portal on behalf of the customer?
Payments for Customers
Submit Change Requests for Customers
No Loss for a late pay for Customers
View Commission Statements
View Documents for Customers
CARE provides an actual 24/7 towing service for the customer.
True
False
Customer calls with 2 terms - their upcoming renewal is on 4/15/22 - they want to increase the value of their car on this policy and it's justifiable. You would make the change effective for:
Tomorrow
4/15/22 only
Tomorrow & 4/15/22
Customer calls to correct a VIN on their policy. They have a renewal term (4/15/22) & a current term (4/15/21) showing. When would you process this change for?
Tomorrow
Tomorrow and 4/15/22
4/15/22 renewal only
Back to 4/15/21 & the upcoming 4/15/22
Back to 4/15/21 only
When will you have to put notes directly in Nitro? (Mark All that Apply)
When cancelling
When following up on a task
When we need photos
When saving or processing a change
When rejecting a pending cancel status
Customer calls wanting to increase their coverages to 300k/500k/100k in New York. How do you proceed?
Verbally confirm that they carry 300k/500k/100k on their PAP and process the change
Ask for a copy of the PAP dec pg upfront before making the change
Advise we need a PAP/HH MVR/Approval upfront before making the change
We will typically have to rewrite a policy if the policy is more than [ (a) ] days past the due date.
How many days can we backdate a cancellation without needing a bill of sale?
(a)
ACI04b00012345 policy in Florida with one term showing in the system - customer sold the car and wants to cancel. What rate would you select when cancelling on the current term?
Flat
Pro
Short
