Preview rates

In Lines, you can preview rates to test them out before they go into effect.

Scenarios are test cases you can create to test and preview your rates. You can add and store as many scenarios as you want.

Note: You will create a scenario to preview your rates as you complete the steps below.

To preview a rate:

  1. In the BriteCore menu, select Lines.
  2. In the Lines of Business list, select the applicable line of business.
  3. On the Line Overview screen, in the Products menu, navigate to and select the applicable product.
  4. On the Product Overview screen, select Preview Rates.
  5. On the Rate Preview screen, in the Policy box, select the Add a new dropdown menu, and then select a risk type.

    Note: You have to add the driver before you can add a vehicle.

  6. On the risk type screen, complete each field, and then select Save and Continue.
  7. Repeat steps 5 and 6 for each risk type you want to add to the scenario.

    Note: Once you add the second risk type, you will see the rates appear in the Full Term Premium box.

  8. In the Full Term Premium box, you can complete either of the following tasks:
    1. To add additional coverages to the rate preview, select the checkbox of any coverage you want to add.

      Note: The coverages without a checkbox are required coverages.

    2. To view a specific coverage’s Resolved References, select the name of any required or selected coverage. The references appear in a dialog box.
  9. Once you have added all of the risk types you want to rate, on the Rate Preview screen, select Rate Scenario. The rate will appear in the Policy box and in the Scenario menu.

You have successfully previewed your rates.

Note: To add and rate more scenarios, select +Add in the Scenarios menu.