Schedules overview

Schedules are lists that contain detailed information about an insured’s coverables and coverages. There are various types of schedules.

Schedules as lists of coverables

Some schedules are lists of fundamental and more complex coverables, such as the list of vehicles in a commercial auto or personal auto policy. In PolicyCenter, each item in this type of schedule corresponds to a dedicated entity instance, and can specify properties for that entity instance. In commercial auto the entity is BusinessVehicle, and in personal auto the entity is PersonalVehicle. You can use the examples in commercial auto or personal auto as examples for implementing schedules that are lists of fundamental coverables.

Generic schedules for clauses

Some types of schedules capture detailed information about clauses (coverages, conditions, and exclusions) attached to the coverable. For these types of schedules, PolicyCenter provides generic schedules. Scheduled clauses are clauses with a generic schedule attached.

In the base configuration, the Homeowners line of business uses generic schedules. A clause that uses a generic schedule is the scheduled personal property coverage in Homeowners.

Using generic schedules, you can implement the following types of schedules:

Schedules: Capture information per scheduled item, such as a name or description. In general, schedules of this type are not used directly in rating, but are often taken into consideration during underwriting and usually are included in forms.
Schedules with terms: Capture information per scheduled item. This can be any type of clause, but is usually a coverage. Each scheduled item includes the coverage terms from one coverage. The coverage term options selected for each scheduled item are passed to the rating engine and potentially affect the cost of the policy.