We are excited to inform you of an upcoming iBIS enhancement which will be available on February 28, 2013. This enhancement will apply homeowner loss surcharges at quote time. This feature will greatly assist you quote accuracy at the time of submission.
The loss surcharge will be applied to home policies having two or more paid claims within a 3- year period. This surcharge does not apply to identity theft losses. With this enhancement, additional verbiage will be added to the Agency Feedback screen, Quote Summary screen, and on the iBIS printable quote.
We hope you find this iBIS enhancement valuable in quoting Patriot Insurance Personal Lines products. If you have any questions, please don’t hesitate to contact your Personal Lines Underwriter or Field Manager. Thanks for thinking of Patriot Insurance for your new business.
