Insurance Software - Insurance Technologies Corporation

TurboRater - Real-Time Rating

Average quote times for Last Week
Paragon	2.203 seconds
Progressive	5.592 seconds
Grange	5.736 seconds
Hartford	6.023 seconds
Safeco	6.023 seconds
AIC	8.059 seconds
BristolWest	12.579 seconds
GMAC	14.594 seconds

ITC also offers Real-time rating. Real Time Rating involves getting a rate directly from a carrier’s rating system instead of ITC manufacturing the rates and rules for the carrier.

Real Time rating is available to you if you are an appointed agent with the company. You enter the quote information just as you would for any quote. There may be some special questions you must answer after the vehicle screen. Once those are completed, you can initiate the Real Time rating process. A few seconds later, your rate will be returned directly from the carrier. If you choose to place your business with a real time company, a bridge is available to take you to the company’s rating to complete the issuance process.

Look to the list at the right to see the real time carriers we offer. We are adding new carriers frequently!

Click here for a list of all the Real-Time Companies and State Availability. 2

þ Real-Time Rating Tips

Following these guidelines will help to insure getting a rate from real-time companies:

Agency Insurance Company: Must enter a producer code in company properties. The producer code is 5 numeric, followed by a \then an alpha code. If you do not know your code, contact the company. Example 87654\itcrate Credit scoring is required.

Bristol West: Must enter a producer code in company properties. Format is 7 digits. Requires a first and last name.

GMAC: Must enter a producer code in company properties. Code is numeric. Also requires driver (s) first and last name and complete address.

Grange: Must enter a producer code in company properties. Code is numeric, 6 digits with a dash between the second and third.

Ex: 00-0000. Also requires driver name and address and must have prior insurance.

Hartford: Must enter a producer code, a user id and a password in company properties. Producer code is 8 numeric. Requires driver names and addresses, and miles driven to work. Credit scoring is required.

Safeco: Must enter a producer code in company properties. Code is 6 numeric. Also requires driver names and address. Credit scoring is required.

Important note: Not all info used in rating by real time companies can be gathered on our normal policy, driver and car entry screens. Additional questions may be located on the company question screen. Please make sure to answer these questions as they are used in determining your rate. If you have rated, and need to go back to these questions, use the Ctrl Q command to return to the question screen.

Helpful screens: To access company properties, close all quotes. Go to edit>companies on your tool bar. Scroll until you see the company you want. Click on that company. Then choose properties. This screen will appear:

Once you have entered your producer code and/or user id and password, click apply, then o.k.

Company questions:

To real-time rate/accept credit scoring, you must click OK on this screen. If you choose decline credit, real-time companies that require credit will not rate.

Real-time rating does go to the company to get a rate, this means it may take a couple of seconds longer to get your rate. If you are not appointed with a company, do not install their rates. Trying to rate a real-time company when you do not have a valid producer code will slow down your rating process.

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