Personal auto

The personal auto line of business is part of the PolicyCenter base configuration.

This line of business contains a reference implementation that you can use to accelerate your implementation. This line of business includes reference implementations for policy transactions, policy file screens, sample rating rules, sample eligibility rules, and forms logic. The reference implementation also provides sample content.

Note: The PolicyCenter default application is not a compliance system. Guidewire designed the product model so that you can build your own compliance system. For example, the system tables in the default application can accommodate multiple classifications per jurisdiction over time. The default application contains a sample set of these classifications.

Most people are somewhat familiar with personal auto based on their experiences of owning a vehicle and needing insurance. Generally they know that certain parameters affect the cost of the policy, such as:

The type of vehicle insured
Where the driver lives
How far the vehicle is driven in a year
The driving record
The gender and age of the driver
The available discounts
The deductible amount
The liability limits

There are other factors that can be taken into account, such as whether the person applying for the policy already has a policy with the same insurer. During the submission process, PolicyCenter captures this information and passes it to a rating engine, which, in turn, uses the information to generate a quote. Within PolicyCenter, the Policy Info screen begins the initial capture of this information that is critical in obtaining a quote.