Post Day One: Compliance

When submitting a Property Endorsement, the correct process is:

• Wait until the RMBC sends the agent a solicitation for Documentation via e-mail.

• Submit endorsement and fax the documentation as soon as the insured brings it in.

• Pend the endorsement until the insured hands the agent the documentation and it meets the requirements, fax the same day the endorsement is submitted.

• Submit the endorsement, no documentation required.

The five key elements required when ordering CREDIT REPORTS are:

• Full name, current address, previous address, driver’s license number, SSN.

• Full name, previous address, Date of birth, SSN.

• Full name, current address, previous address, date of birth, SSN.

• Full name, current address, driver’s license number, make and model of vehicle.

What information is not required when declaring Prior Insurance?

• Current continuous 6 month policy period.

• BI limits

• Effective dates

• Social Security numbers of all drivers listed on policy.

Agents should check the Compliance Scorecard to:

• Avoid POSIS review by pro-actively checking any non-compliant items monthly.

• Check if they will be eligible to go on a promotion trip.

• Make sure they are on pace for bonus.

• All of the above.

Legal Trailing Documents should be:

• Signed and faxed to the RMBC within 10 business days.

• Signed and faxed to the SWDC within 5 business days.

• Kept in the insured’s file and wait for a solicitation.

• None of the above.

First Name:

Last Name:

5 Digit Agent #:

Appointment Date (MM/DD/YY):

ST: