Siebel Insurance Guide > Managing Claims >
Administering Reserve Codes
You can define a reserve code for a particular reserve to determine how the reserve value is calculated. You can determine whether the reserve has a default value and whether that default value can be overridden. You use the reserve code in the Administration - Insurance screen, then the Loss Codes view as well as in the Loss Details - Auto, Loss Details - Property, and Reserves views in the Claims screen. This task is a step in Process of Managing Claims. To add a reserve code
- Navigate to the Administration - Insurance screen, then the Reserve Codes view.
- In the Reserve Code Administration list, create a new record, and complete the fields.
Some fields are described in the following table.
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Code |
Enter a code. |
Type |
Select the type of reserve:
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Factor Value |
Enter the default value for a reserve of type Factor. The reserve will have this value when it is opened. |
Allow Override? |
Whether the adjuster can override a default reserve value. |
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