Verisk Underwriting just announced the availability of vehicle-specific annual mileage and prior coverage information in a single point-of-sale service.
Verisk’s Coverage Verifier℠ database has provided auto carriers with detailed information about an applicant’s prior coverage dates and lapses, limits of coverage, deductibles, and lienholder information. Now, carriers can add to that list accurate annual mileage estimates for each covered vehicle, providing faster and more accurate quotes while improving the customer and agent experience. Check out our press release issued May 16, 2013.
Faster and more accurate quotes are a competitive advantage in a data prefill or point-of-sale underwriting environment.