Comparative Quoting

Comparative quoting is BindPilot's core feature: shop your appointed carriers for a single risk and compare premiums, coverage, and appetite in real time.

Starting a Quote

Create a New Quote

1. Go to Quotes > New Quote
2. Choose or create a client:
   • Existing client: search by name
   • New client: click Add New Client, enter name/address/phone
3. Choose a risk (property to insure):
   • Existing risk: search within that client
   • New risk: click Add New Risk

Define the Risk

Enter risk details depending on the type:

Homeowners:

• Address
• Construction type
• Square footage
• Year built
• Number of stories
• Prior loss history

Auto:

• Vehicle info (year, make, model, VIN)
• Driver details (age, license status)
• Use (commute, pleasure, business)
• Prior claims

Commercial Liability:

• Business type
• Revenue
• Number of employees
• Location

Other Types: Workers' Comp, Professional Liability, Umbrella, etc. each have industry-specific fields.

Running a Comparative Quote

1. After entering risk details, click Shop All Carriers
2. BindPilot queries all your appointed carriers in parallel (typically 30–60 seconds)
3. View results in a side-by-side table:
   • Carrier name
   • Premium (annual)
   • Coverage highlights
   • Appetite (fit assessment)
   • Win probability (BindPilot's AI ranking)

Understanding the Results

Premium: Annual quote from each carrier. Includes base rate, discounts, and surcharges.

Appetite: Green (good fit), Yellow (conditional), Red (declined or limited). Based on:

• Risk profile (location, construction, claims history)
• Carrier appetite settings you configured
• Underwriting guidelines

Win Probability: BindPilot scores each quote 1–100 based on:

• Premium competitiveness vs. market average
• Coverage alignment with client needs
• Historical win rate for similar risks

Higher score = more likely to close.

Selecting & Binding

1. Click the carrier you want to quote the client
2. Review the proposal (auto-generated, branded with your agency logo)
3. Click Select This Quote to move to binding
4. Complete the application (ACORD 125/140)
5. Submit to the carrier

BindPilot auto-populates ACORD forms from client data and the quote context.

Shopping Multiple Times

You can re-shop the same risk as many times as needed:

• Price shop: Run quotes multiple times to find the best premium
• Coverage adjust: Change deductibles, limits, and re-shop
• Renewal shop: Re-shop at renewal (manual or via Renewal Agent)

Each quote is timestamped and saved in the client's Quote History.

Archived Quotes

Quotes you don't select stay in your quote history for comparison and audit trails. You can:

• View any previous quote
• Export to PDF
• Use as a template for future quotes

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Next: Manage your carriers and set up renewal automation.