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Automatic Valuation Calculation for Minimum Valuation

How to add minimum valuation calculation and how the calculation works

Written by Michael Csorba

To access the Valuation calculations you will go to your estimate settings

You can get here by going to Manage > Estimate Settings > Main Estimate Settings


Then you’ll want to go to Hourly Service Quoted Defaults (RED)

RED: Hourly service quoted defaults- this is the tab I will be using for this example. The setting also appears in Guaranteed and Not To Exceed service quoted defaults settings.

LIME GREEN: This is the new setting for minimum valuation. Clicking the pencil icon will allow you to edit the values.


GREEN: Dollar amount of coverage

PURPLE: This is where you can change the verbiage for the line item.

BLUE: The dollar amount that the customer pays per $100 of coverage for their move.


If we take a look at this example estimate:

So in this example we can see we have the weight of the move, 2863 lbs (RED), multiplied by the $4.0 per LB coverage (GREEN), this means the customer will have $11,452 worth of coverage.

The customer will pay $0.75 per $100 of coverage, coming out to the $85.88 (BLUE) we see in the price breakdown.


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