I'm interested in doing something in insurance at some point so I'm curious to how things work on the agent/broker side. These questions are specific to auto and if it matters, California only. Appreciate the responses!
1. Can an agent (independent or otherwise) only use someone's existing policy declaration to generate a bindable quote? If not, what other information would they need from the customer? I've heard using the policy dec, an agent can get a MVR and generate a quote. Is there any cost to getting the MVR?
I read on Ezlynx that providers will give you the MVR/CLUE when y
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1. Can an agent (independent or otherwise) only use someone's existing policy declaration to generate a bindable quote? If not, what other information would they need from the customer? I've heard using the policy dec, an agent can get a MVR and generate a quote. Is there any cost to getting the MVR?
I read on Ezlynx that providers will give you the MVR/CLUE when y
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