Trexis Insurance – Underwriting Guidelines and Knowledge Test
To your right is the Trexis Insurance knowledge test. There are 25 question. You must get a 90% or better to pass. Your Training Manager will receive your results and review those results with you. Best of luck.
Below you’ll find all of the Trexis and Express Underwriting Guidelines. Please study them.
Trexis – Auto Insurance Underwriting and Quoting Guidelines
Types of Polices and Coverages Sold: Liability Comp/Collision SR-22 Non Owners Med Pay Uninsured/Underinsured Car Rental Reimbursement Due to Accident Other: Accident death, Rental, & Towing
Supporting Documents Required:
- Identifications: State Driver’s License, Permits, Suspended license but only with SR22, International License, International Passports, Matriculas.
- Proof Of Vehicle Ownership: Valid Registration, Title with owner name, Buyers Bill or Placard
If applicable: Proof of Homeowner, and Proof of Prior (POP) of 6 months or more of active insurance
Supporting Documents NOT Accepted: ID, Passports, Temporary ID cards, Moving Permits, Car Notes, Smog Checks
New Policy Start Up Guidelines:
Clients must have their DL ready and Proof of vehicle ownership for Auto policies.
If vehicle(s) policy is requesting Comp & Collision coverage, the vehicle(s) must be brought into the office to be inspected, pictures taken and all per-existing damage noted on Trexis Vehicle Inspecting form. No OTP sales if purchasing Comp & Collision.
All vehicle drivers and Co-signers must be added as drivers on the policy.
Policy purchase can be by cash, money order, or debit/credit. If policy is purchase in office, a $25 cash only in office fee will be applied. Application signatures will be sign with Xodo Sign through via E-mail or in office.
Endorsement Guidelines:
All endorsements must be established by the main insured(s) of the policy. It can be done over the phone via E-mail or in office. Signatures must be obtain under Xodo Sign. If in office, a $25 cash only in office fee will be applied when adding drivers, vehicles, or Sr22s. Supporting Documents are required.
If vehicle(s) being added to the policy is requesting Comp & Collision coverage, the vehicle(s) must be brought into the office to be inspected, pictures taken and all per-existing damage noted on Trexis Vehicle Inspecting form. No OTP sales if purchasing Comp & Collision.
If a Minimum Endorsement Payment Requirement is requested by Trexis, it must be paid by money order or debit/credit. Cash not accepted.
Renewal Guidelines:
Renewals will be applied as a regular monthly payment with a debit/credit or money order. Cash not accepted. If policy is set up with EFT (Automatic Credit/Debit or, bank account), policy will renew. A $20 NSF fee will be applied if the EFT payment declines. Policy will also be in risk of a possible lapse
Payment Guidelines:
Payment must be processed by a debit/credit or money order. Cash not accepted. If policy is set up with EFT (Automatic Credit/Debit or, bank account), payment will be drafted automatically. A $25 NSF fee will be applied if the EFT payment declines along with a $10 late fee.
Reinstatement Guidelines:
Midterm: Insured has 14 DAYS including the due date to sign a No Loss Statement to reinstate the policy without a lapse, with a 2 month payment.
Reinstatement Without a Lapse Guidelines:
Insured has 30 days to reinstate policy after renewal with a sign a No Loss Statement to reinstate the policy without a lapse as long as no accident or tickets occurred
Backdate Policy Guidelines:
No backdates allowed.
New Policy Down Payment %:
33.33% down- 5 pay by Direct Bill, RCC, or EFT.
Paid in full.
Fee Schedule:
Monthly Installment Fee: $10.00 or $6.00 with EFT
Credit or Debit Card Payment Fee: $5.00
Late Payment Fee: $10.00 Late Fee
Cancellation Fee: Flat fee of $25 for 6 month policy and flat fee of $50 for 12 month policy
Reinstatement Fee: $10.00
EFT: Available for bank account withdrawal only. (NSF Fee $25.00)
Any Other Fee: None
Agent Support Number: (877) 384-7466
Agent Support Email: customerservice@trexis.com
Express Underwriting Review and Approval Procedure
Below is how Express Underwriting will inspect your Trexis Insurance Policy to make sure it was completed correctly and approve it for commission payment.
Trexis Insurance
Accepts: Driver’s license, passport, and foreign.
Application: Upload to the company, discount documents, and photos if there is comprehensive and collision. Upload Driver’s license, policy documents, and photos to Agency Matrix, update Department of Motor Vehicles, and add notes. (6 months policy).