Features & Quick Stats
Key Features
- Streamlined quoting: PL Rating™ lets you offer multiple competitive personal lines quotes in the time it takes to get one quote from a carrier’s website.
- More revenue: Easily price combined quotes from your carriers in real-time and cross-sell with no extra work.
- Accuracy + efficiency: Integrates with your AMS and third-party data.
- Easy to use: Simple and intuitive and effortless to implement.
Core Business
How PL Rating Helps Independent Agents & Brokers
Partnerships
Catalyit Team Review
Web-based Comparative Rating Solution with Pre-fill Capabilities and Real-time Connections
Published: February 19, 2024 | Updated: April 9, 2024
What we like:
- Consumer Engagement: PL Rating gives prospects the ability to obtain a quote from the agency’s website using their Consumer Rate to Quote (CRQ) add-on.
- Efficiency: PL Rating’s prefill data integration and real-time carrier connections streamline the quote process significantly.
- Integration Capabilities: The seamless integration with Vertafore’s core products and other agency management systems reduces the risk of data entry errors and streamlines operations.
Things to consider:
- System Compatibility: Confirm the compatibility of PL Rating with your existing agency management systems.
- Carrier Connectivity: Verify your agency’s carrier connectivity with PL Rating.
- Coverage Availability:
PL Rating is available in 49 states plus DC. Motorcycle and Dwelling Fire are only available in California.
Summary:
Vertafore’s PL Rating™ is a web-based solution that allows agents to quote and compare personal lines insurance policies with multiple carriers in seconds. With prefill data integration, real-time carrier connections, and standardized workflows, PL Rating increases efficiency and accuracy within the personal lines rating process.
Integrations & Features:
Integration with Vertafore’s AMS360, QQ Catalyst, and AgencyZoom helps to reduce duplicate data entry and potential errors. With rating access to over 300 real-time carriers in 48 states, PL Rater is one of the best rating options available. Flood quotes can also be provided, leading to higher revenue and cross-selling opportunities for the agency.
With pre-fill capability, personal lines information is pre-filled in the rater without the agent having to gather this from the client. This helps to improve accuracy and efficiency. Each agency can set up their own rating templates to reduce the time it takes to complete a quote. Once the quote is completed, you can bridge to the carrier site with a single click to close the sale.
Final Thoughts:
Using standardized workflows, real-time carrier connections, Single Sign-On, and time savings through third-party integrations, PL Rating creates competitive advantages to help insurance agencies reduce redundancy and close business.
* Unbiased review based upon information and insights available.
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Product FAQs
Quoting – Personal Lines
PLQ-Are the quotes provided to consumers an indication or a bindable quote?
Bindable
PLQ-Does your platform integrate with any agency management systems?
Yes
PLQ-Do you allow real-time consumer facing quoting?
Yes, as an add-on
PLQ-Please list the state(s) where premium quotes are available for your system.
48 states plus DC; motorcycle and dwelling fire online CA
PLQ-Can the agent email a proposal from within the system to their client?
Yes
PLQ-Does your system pre-fill data?
Yes
PLQ-What is your inventory? Provide a URL to your website or list insurance companies whose rates are available through your system or whose rating website can you access.
330 carriers
PLQ-Describe which AMS vendor and system, and the type of integration provided.
AMS360, Sagitta, QQCatalyst, AppliedTAM, Epic, Hawksoft, SIS, Nexsure, Veruna, others
PLQ-What lines of business do you offer on your platform?
[Personal Auto Only, Personal Home Only, Both Auto and Home, Personal Auto and Home (Package), Personal Flood, Motorcycle]
PLQ-Do you provide a coverage comparison between companies?
Yes
User Community
Network of Vertafore Users (NetVU) connects Vertafore users to share experiences, workplace needs, and professional goals. As a benefit of using Vertafore technology solutions, Vertafore customers are NetVU members at no cost.