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To request a loss run report, youll need to contact your insurance carrier or agent directly. The best approach for this is to email or call them. Its also important to keep in mind that all states business insurance requirements are different.
Loss run reports are created by your insurance carrier. If you want to request a report, all you need to do is contact your insurance agent or broker with a loss run request, and theyll contact your carrier.
Currently valued loss runs have a valuation date that falls within a certain timeframe determined by the carrier. Carriers often require that loss runs be currently valued within 30, 60 or 90 daysmeaning the valuation date listed on the loss runs must fall within 30, 60, or 90 days of the application date.
Nationwide Loss Control Services smartphone. Call 1-866-808-2101. email envelope. Email LCS@nationwide.com. chat bubbles. Sign up to receive Nationwides Loss Control Services email newsletter.
The loss run report can provide pertinent information about the policyholder, such as: Identifying information, including the policy number, effective date and insured name. Claims history, including each claim the policyholder has filed, the date of the claim, the type of claim and a description of the claim.
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Loss run reports are, essentially, the insurance worlds equivalent to credit scores. Just as a bank would want to see your businesss credit score before offering you a loan, insurers want to see a loss history before providing coverage. This report will reflect on how well the business is operating and managed.

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