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When selecting the coverage amounts for an application, what occurs when the Default option is selected?

April 26, 2017amounts application coverage Default occurs option Selected selecting

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When selecting the coverage amounts for an application, what occurs when the Default option is selected?

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When the ‘Default’ option is selected for an applicable coverage option, the quote is processed using the ‘default’ coverage for each carrier, according to the coverage default specifics outlined in their underwriting manual. If selecting a specific percentage or dollar value, rather than the ‘Company Default’ option, the quote will be processed using to the specific value selected. Keep in mind when a specific percentage or dollar value is selected, and a carrier does not offer the value selected, a quote will not be generated for the carrier.