ADD COVERAGE INFO

On the Coverage/Loss page, you manage all the information about the loss and the insured’s coverage.

The page is divided into two groups: Loss information and Coverages.

Loss Information

Coverages

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Loss Information

In the Loss Information group you enter information about the loss and the claim, such as the cause of loss, claim number, and policy type.

You can also indicate whether a single deductible applies or if there are coverage specific deductibles.

Coverages

The Coverages group displays coverage information, such as coverage types, policy limits, and coverage specific deductibles.

Add a coverage type

  1. On the Claim Info tab, click Coverage/Loss.
  2. In the Coverages group, click Add Coverage. An empty line is added to your list of coverages.
  3. Click the empty space in the Coverage column, and select SmartList to open the Coverages dialogue box.
  4. Select a coverage, or click Add to open the Add Coverage Info dialogue box.
  5. Type a name for the coverage, and select a type.
  6. Select Save to Estimate Only to make the new coverage available for only this estimate. Click OK.
  7. Enter a policy limit. In the Apply To column, select R/C (replacement cost), ACV (actual cash value), or Both.
  8. Enter an insurance to value (ITV) percentage and a claims reserve amount.

Edit a coverage type

  1. On the Claim Info tab, click Coverage/Loss.
  2. In the Coverages group, click a coverage.
  3. Select a different coverage, or click SmartList to add a new coverage .

Add a sublimit or additional coverage

  1. On the Claim Info tab, click Coverage/Loss.
  2. In the Coverages group, click Add Options in the row where you want to add a sublimit.
  3. To enter a sublimit, click the Sublimit list. Select a sublimit, or click SmartList to create a new sublimit.
  4. To enter an additional coverage, click the Additional Coverage list. Select an additional coverage, or click SmartList to create a new sublimit.
  5. Enter the Single and Aggregate amounts for the options you have added. Click OK.

Sublimit macros

You can save groups of commonly used sublimits using sublimit macros .

  1. On the Claim Info tab, click Coverage/Loss.
  2. In the Coverages group, click Add Options in the row where you want to add a sublimit.
  3. Click the Macro list. Select a Macro or click SmartList to create a new Macro.
  4. Click Add.
  5. Type a name, and select a sublimit from the class column. Click Smartlist to create a new sublimit type.
  6. Enter single and aggregate amounts.
  7. Click Add, and repeat steps 3–6 until you have added all the sublimits.
  8. Click OK to save your macro.

Apply Limits

When Apply Limits is selected and the replacement cost exceeds a policy limit value, the Coverage Limits link in your status bar turns red to alert you of the excess.

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