Producer Lounge Tips
1. 13 Classes of Service Contractors
2. Variable Quotes
3. Logins/Passwords
4. Payroll Entry
5. Rating Owners
6. Mailing Address Required
7. Other Underwriting Information
8. Obtaining Your Quote
9. Underwriting Referrals
10. Quote Retained for 30 days in Producer Lounge
11. Quote Bound Notification
2. Variable Quotes
3. Logins/Passwords
4. Payroll Entry
5. Rating Owners
6. Mailing Address Required
7. Other Underwriting Information
8. Obtaining Your Quote
9. Underwriting Referrals
10. Quote Retained for 30 days in Producer Lounge
11. Quote Bound Notification
- 1. 13 Classes of Service Contractors
- The Red Shield online rating program allows you to obtain a bindable quote in minutes for the 13 classes of service contractors noted on our website.
return to top - 2. Variable Quotes
- The best way to obtain premium options with varying limits and/or payroll changes is to use our Rate Sample Indicator (R.S.I.) before completing the full application online (quote). If you try revising your actual quote with rating or payroll changes, you will be locked out and will need to contact us for any changes. Therefore, we suggest you use the Indicator screen first before proceeding to the "Continue to App for Quote" process.
- 3. Logins/Passwords
- If you have forgotten your password or need assistance logging in, contact your Agency Administrator or our Marketing Department at 800-527-7397.
- 4. Payroll Entry
- When using the R.S.I., do not include the owner's payroll as a premium rating basis. It is already built into the classification. Example: You have Oregon business with1 owner and 1 PT employee $20,000 payroll; only add $20,000 to the "premium base" box – the owner payroll will automatically be calculated into the classification: "Exposure: $51,100" shows on the Annual Premium Indication screen.
return to top - 5. Rating Owners
- Remember to provide the total number of active owners and our system will automatically calculate the payroll rating basis for each state.
- 6. Mailing Address Required
- If the mailing address of your insured is a PO Box, you will need to enter the business address as a physical address. We are unable to bind coverage with just a PO Box.
- 7. Other Underwriting Information
- If the insured has had a prior carrier, be sure to provide the name of the carrier and the policy term dates. This will help with underwriting the account and provide you a faster quote.
- 8. Obtaining Your Quote
- In order to obtain your quote online, you must hit the "accept" button (accepting terms of website) on the screen for the system to release the quote. Otherwise, you will only get a copy of the application emailed to you and not the quote. Remember by hitting the "accept" button, you are only getting your quote; you are not requesting Red Shield to bind coverage.
- 9. Underwriting Referrals
- Just because you do not get a quote online does not mean that the account won't be written. It simply means the quote has been referred to underwriting for questions that need to be answered or confirmed.
- 10. Quote Retained for 30 days in Producer Lounge
- Remember that your quote will only remain on the system for 30 days before it disappears from our system. If you need to extend it, you will have to contact underwriting to unlock the quote (it will need to be re-quoted by underwriting).
- 11. Quote Bound Notification
- A Red Shield Underwriter will contact you within 1 business day or sooner to advise the quote has been bound.
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