CompareQuoteHQ – Frequently Asked Questions
Have questions about CompareQuoteHQ? You’re in the right place. Whether you’re wondering about our API-driven quoting technology, carrier direct access, or how CompareQuoteHQ integrates with the IronPoint Agent program, these FAQs will walk you through everything you need to know.
General Questions:
CompareQuoteHQ is a commercial insurance rating platform designed to help independent agents efficiently quote, bind, and manage commercial insurance policies. The platform offers multi-carrier quoting, carrier access, and integration with ACORD forms, making it easier to serve business clients.
Unlike many commercial rating platforms that rely on screen scraping to retrieve carrier data, CompareQuoteHQ is built on a direct API-driven architecture, ensuring:
✅ Faster, more stable quoting – Direct carrier integrations eliminate the delays and errors associated with screen scraping.
✅ Real-time underwriting – Instant responses from carriers, reducing manual back-and-forth.
✅ Secure, SOC 2-compliant platform – Designed with enterprise-grade security protocols.
✅ Seamless integrations – Connects directly with AMS360, EPIC, and ACORD forms for efficient workflows.
✅ Quoting & submission flexibility – If a risk isn’t a fit for the carriers on CompareQuoteHQ, agents can download a completed ACORD form for submission elsewhere.
Additionally, CompareQuoteHQ isn’t just a rating tool—it’s part of the IronPoint Agent ecosystem, offering:
🚀 Carrier Direct Access without direct appointments – Quote and bind with top-tier commercial carriers without needing to secure individual appointments.
🎯 IronPoint Agent Marketing Academy (Coming Soon) – Access expert-driven strategies to grow your book of business.
💡 Scalable commission opportunities – Earn 75%+ commission on policies written through IronPoint Agent’s network.
This unique combination of technology, carrier direct access, and marketing support makes CompareQuoteHQ the most powerful all-in-one solution for independent agents.
No. CompareQuoteHQ is available as a standalone software subscription. However, IronPoint Agent members receive additional benefits, including carrier access and commission-sharing opportunities.
Quoting & Policy Management:
Yes! If you use Vertafore AMS360 or Applied EPIC, you can bulk upload customer account data into CompareQuoteHQ. This saves time by eliminating manual entry when starting a quote.
If a carrier declines a risk, you can:
✅ View carrier-specific decline reasons directly on the quoting screen.
✅ Use declines as valid documentation for accessing the Excess & Surplus (E&S) market.
✅ Bridge quotes to carrier portals for additional underwriting review.
Some applications require manual underwriter approval before binding. CompareQuoteHQ allows agents to:
✅ Refer a quote to a carrier underwriter directly from the platform.
✅ Send notes and additional details through an integrated submission process.
✅ Track underwriter responses within 24-48 hours.
Yes! CompareQuoteHQ supports ACORD 125, 126, 130, 140, and 160 forms. The system can:
✅ Read PDFs and scanned ACORD forms using OCR (Optical Character Recognition).
✅ Automatically populate quote fields to speed up submissions.
✅ Process multiple locations and employee types for complex risks.
Agents can download pre-filled, editable ACORD forms from CompareQuoteHQ, ensuring:
✅ Data accuracy from previous quote entries.
✅ Easy modifications using Adobe Acrobat or other PDF editors.
✅ Faster submissions for carriers that require ACORD attachments.
Binding & Referring Policies In Platform:
Once a quote is approved for binding, agents can:
✅ Click “Bind Now” and proceed to the payment menu.
✅ Select from available payment options (some carriers require a credit card for the initial payment).
✅ Confirm binding and notify the client about the carrier’s billing process.
If carrier or wholesaler approval is required, CompareQuoteHQ provides a Request to Bind feature. This:
✅ Sends the application to the carrier’s internal team for final review.
✅ Allows agents to submit additional notes or endorsements.
✅ Notifies agents when binding is confirmed.
Carrier Access & Commissions:
Yes! The Software + Carrier Access plan allows agents to quote with multiple carriers without direct appointments. This means:
✅ No lengthy approval processes with individual carriers.
✅ Access to a wide range of commercial markets.
✅ IronPoint handles underwriting relationships, so you can focus on selling.
IronPoint offers a 75/25 commission split for agents using the Software + Carrier Access package. Agents keep 75% of commissions, while IronPoint retains 25% for managing carrier relationships and platform costs.
💡 High-Volume Agents: If you consistently write significant premium, higher commission splits may be available upon review.
Additional Features & Benefits:
Yes. The built-in Appetite Guide helps agents quickly determine which carriers are most likely to write a risk based on:
✅ NAICS/SIC Code
✅ State
✅ Policy Type
💡 This is a preliminary tool and does not account for underwriting exceptions like coastal exposure or fire risk.
CompareQuoteHQ’s Document Center acts as a centralized repository for storing:
✅ Policy documents (some carriers auto-send documents here).
✅ ACORD forms and underwriting materials.
✅ Internal notes and attachments for easy team collaboration.
Note: The Document Center is not an external document transmission tool; it is designed for internal storage and access.
✅ Standalone Software Subscription: Start using CompareQuoteHQ immediately with a monthly or annual plan.
✅ Software + Carrier Access: Get the platform plus carrier appointments and earn 75% commission.
✅ Software + Carrier Access + Marketing: Access marketing consultation and lead generation support to scale your agency faster.
💡 Still have questions? Schedule a Demo →