Insure Wiz-Insurance Assistance Tool

Example

Evaluating the insurability of a new restaurant business for a Small BOP insurance policy.

Scenario

An agent uses Insure Wiz to determine if a restaurant's location, safety measures, and operational history meet the underwriting guidelines of a potential insurer. The tool provides detailed feedback on any areas of concern, such as proximity to fire stations or historical claims data, enabling the agent to advise the business owner on necessary steps to qualify for coverage.

Example

Determining if a driver with a recent DUI conviction can be covered under an auto insurance policy.

Scenario

An insurance broker inputs the driver's details into Insure Wiz to check policy eligibility. The tool analyzes the information against various carriers' criteria and identifies those willing to cover high-risk drivers, along with any premium adjustments or special conditions required, thus streamlining the broker's search for suitable coverage options.

Example

Advising homeowners on the best insurance policies for properties in wildfire-prone areas.

Scenario

Using Insure Wiz, an agent inputs property details and its location to assess risk levels and coverage needs. The tool then suggests policies from carriers that specialize in high-risk areas, including any necessary endorsements or exclusions, helping homeowners make informed insurance purchasing decisions.