Tracks and verifies insurance status and coverage’s of a client’s portfolio instantly online by simply keying in a VIN. VINs are regularly submitted to a centralized Canadian auto insurance database to verify status and coverage. With the exception of Quebec, iVALU is an established service that has been providing real time insurance verification for 10+ years.

LERTS identify material changes in coverage:

Cancellation of coverage due to non-payment of premium Cancellation at mid-term by insurer or policyholder
Lapsed coverage
Cancellation for other reasons . . . and more.
Clients can access one- off reports or simply submit portfolio information electronically.
Clients specify the triggers for ‘Alert Reports’ and i2iQ provides them with overnight turnaround.

iVALU Information includes:

• Vehicle coverage status
• Policy status
• Insurance company
• Policy number
• Policy effective date/term
• Last vehicle update
• Vehicle coverage effective date/term
• Vehicle use
• Coverage amounts:
  • Third-party liability
  • Collision
  • Comprehensive
  • Accident benefits
  • Deductibles