Split Deductibles

Todd Cleveland's Avatar

Todd Cleveland

25 Mar, 2017 04:20 PM

Hello,

I am trying to combine a deductible in an estimate to both the building and APS and am unable to make it work. Policy deductible is $2,500 however this loss is a wind claim which contains a $5,000 deductible. How can I apply the $5,000 to the Building and APS combined?

  1. Support Staff 1 Posted by Chelsea on 27 Mar, 2017 01:15 PM

    Chelsea's Avatar

    Hello Todd,

    Thank you for contacting Simsol Support. In order to accomplish this, you'll need to head to Loss Information -> Cover. and select the Building Coverage on the left. To the right, you'll need to enter in your full deductible amount in the appropriate field. Once this is done select your APS coverage on the left. To the right you'll see a drop down for 'Whole Deductible', drop down and select the option 'Include in other coverage', then drop down to the right to select the Building coverage. This will ensure the deductible is shared between both the Building and APS.

    Please let us know if there is anything else we can assist you with.

    Regards,
    Chelsea B.
    Tech Support


    IT IS YOUR RESPONSIBILITY TO RESEARCH THE ACCURACY, COMPLETENESS, AND USEFULNESS OF ALL OPINIONS, SERVICES, AND OTHER INFORMATION FOUND ON THESE SITES. SIMSOL ASSUMES NO RESPONSIBILITY OR LIABILITY FOR ANY CONSEQUENCE RESULTING DIRECTLY OR INDIRECTLY FOR ANY ACTION OR INACTION YOU TAKE BASED ON OR MADE IN RELIANCE ON THE INFORMATION, SERVICES, OR MATERIAL ON ANY OF SIMSOL WEBSITES OR RESOURCES.

  2. 2 Posted by Cleveland, Todd on 27 Mar, 2017 01:26 PM

    Cleveland, Todd's Avatar

    Awesome. Thanks Chelsea.

  3. Support Staff 3 Posted by Chelsea on 27 Mar, 2017 01:33 PM

    Chelsea's Avatar

    You're welcome Todd, have a great day!

    Regards,
    Chelsea B.
    Tech Support


    IT IS YOUR RESPONSIBILITY TO RESEARCH THE ACCURACY, COMPLETENESS, AND USEFULNESS OF ALL OPINIONS, SERVICES, AND OTHER INFORMATION FOUND ON THESE SITES. SIMSOL ASSUMES NO RESPONSIBILITY OR LIABILITY FOR ANY CONSEQUENCE RESULTING DIRECTLY OR INDIRECTLY FOR ANY ACTION OR INACTION YOU TAKE BASED ON OR MADE IN RELIANCE ON THE INFORMATION, SERVICES, OR MATERIAL ON ANY OF SIMSOL WEBSITES OR RESOURCES.

  4. Chelsea closed this discussion on 27 Mar, 2017 01:33 PM.

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