Multico Comparative Rater Guarantees Rates

Multico Rating Systems Inc., announces the release of its new Guaranteed Accurate Rates program. This program is designed to give property & casualty insurance agencies in the Pacific Northwest accurate rating information when using the Multico-Online comparative rater. With this guarantee, customers who experience a rate discrepancy can seek reimbursement if it is directly caused by a Multico-Online programming error.

Multico-Online is a web-based personal lines comparative rating system that allows insurance agents and brokers to input a client’s rating information one time, and generate a rate with dozens of carriers simultaneously. With the addition of the Guaranteed Accurate Rates program, producers generating a rate with a participating carrier can be assured that the rate provided through Multico-Online is the same they would have received if they had solicited the carrier directly.

"Because of our advanced rating technology, aided by our rigorous quality assurance standards, we are able to take our rate integrity promise to the next level and launch our Guaranteed Accurate Rates program," says Charles Anderson, president and CEO of Multico Rating Systems. “The launch of the Multico Rate Guarantee Program builds on our commitment to provide our customers with a superior rating experience by giving them a platform where they can obtain a rate quickly and with confidence."

In order for a carrier to be certified guaranteed accurate, the carrier’s rates must endure a quality assurance process. Due to the rigorous testing necessary to complete the certification process, the program will initially feature 11 certified accurate carriers with plans to certify all carriers in the coming months.

For more information about Multico’s Guaranteed Accurate Rates program, including a list of certified accurate carriers, visit Multico’s website at www.multico.com.

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