FAQ ID # 1117
Poolicy Status vs Bound Status
Last Update : 2022/04/06
Rating : Not Rated
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Question / Issue
What is the difference between Policy Status and Bound Status?

Answer / Solution

The Policy Status is a Per Carrier selection that is part of the carrier bridge menu. This menu is Not Editable and designates why a quote was or was not bound with a carrier.

Carrier policy status

In the Preferences > Agency > Policy Bound menu there are additional settings for what happens to the status when bridge and whether or not a selection is required after bridging to a carrier. As shown here:

When inside a quote at the top of TurboRater there is an option for Policy Bound:

This option opens a menu to select why the quote was or was not bound. The difference being between the reason for the quote not being bound or the quote not being bound with a specific carrier.

The Reason Not Bound drop down menu can be edit via the Preferences > Agency > Reasons Not Bound menu:

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policy quote bound status preference reason reasons

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