Rate Matrix Rates

 

Use this screen define rates and breakpoints for each X Range and Y Range threshold.  This screen is available through the Rate Matrix button from within Rate Matrix Setup.

 

Note:

The Edit Advanced Rating Basis screen allows the user to view the values that qualified the item for the particular Rate including both range values and corresponding breakpoints.

 

Field/Function

Description

Rate Matrix

This field displays the name of the matrix being viewed. 

Min/Max

For each range (Min and Max) for each Y Range and X Range element, the application displays the corresponding intersection where the two meet.  When the order elements are within each of these rates, the application returns the associate Rate to MoversSuite.

Users cannot edit these values from within this screen.  To set these values access either View Range X or View Range Y at the top level of the Rate Matrix Setup.

Rate

Enter the percentage returned as the Rate to the Advanced Rating Systems.  The Rate is a percentage field where 29.99 which stands for 29.99% (or .2999 in decimal form).

Breakpoint

Optionally, enter a numeric breakpoint for one or both range element.  When an element value reaches the breakpoint, it instructs the application to use the next highest rate. 

Filter by

Making a selection in either Filter by option will display only the selected range values within the grid.

Tab Skip Over

Setting this flag instructs the application to skip the column from editing.  For example, setting Tab Skip Over on both the breakpoint columns allows the user to enter only data for the Rate column.