Adding Florida Insurance Guarantee Association (FIGA) Flag to Claim Information
Objective:
To accurately add a Florida Insurance Guarantee Association (FIGA) flag to claim information for insurance policies in Florida that may not have a solvent carrier.
Key Steps:
- Access the claim summary in the claim information.
- Scroll down to the loss details section.
- Click on the "Edit Loss Details" tab.
- Look for the existing flags for FEMA claim and habitability of the property.
- Add a new flag specifically for FIGA claims by selecting the appropriate option.
Cautionary Notes:
- Ensure that the FIGA flag is added only for insurance policies in Florida without a solvent carrier.
- Double-check the information before saving to avoid errors in claim processing.
Tips for Efficiency:
- Familiarize yourself with the criteria for FIGA claims to accurately identify when to add the flag.
- Regularly update your knowledge of state-specific insurance regulations to ensure compliance.
- Communicate with the team or supervisor if unsure about whether to add the FIGA flag to a claim.