By default, the system sets the Effective Date (Contract Term) for each new quote as eight days from the quote creation date. To offer the most competitive rate to the customer, create quotes at least eight days before the policy contract term. Note that the premium will increase if you change the effective date to within eight days of the quote creation date.
Quotes remain valid for 45 days. The Coverage tab in the portal indicates the last valid date for the quote. The proposed contract dates appear directly below the policy number.
To learn more about how the Effective Date (Contract Term) can impact a premium, see our article What Is the Advanced Quote Discount? To change a policy's Effective Date (Contract Term) before the contract term begins, see our article How Do I Change or Update a Policy's Effective Date (Contract Term)?
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