Example 7 – Policy Payment
TABLE 2-DETAIL
Detail section includes information specific to a single policy. This section will occur several times for each mortgage company payment or remittance explanation. In the following example a policy premium is being paid and a new loan number is given to the insurance company. |
820 data Format |
Description |
ENT*1*MM*CL*333333333300001; |
Entity and new loan number
- CL Changed Loan Number
- LN Loan Number
|
NM1*IL*1*DOE, JOHN L; |
|
N3*27 COURT STREET; |
Insured property address |
N4*SAN FRANCISCO*CA*94111; |
Insured property city, state and zip |
RMR*IG*57BB554432**245*245; |
Identifies the insurance policy number and the amounts paid and billed.
- IG Policy number
- RMR04 Amount paid
- RMR05 Amount billed from the electronic billing (811)
|
REF*ABC*01; |
State Farm Operation Center code from the REF*32 segment of the electronic billing (811).
- ABC Operation Center Code
|
REF*NF*99902; |
The NAIC code identifies the State Farm affiliate underwriting the insurance policy.
- 25143 State Farm Fire
- 43419 State Farm Lloyds
- 25151 State Farm General
- 10739 State Farm Florida
|
REF*TV*HOME; |
Line of business identifies the type of policy.
Other Lines of business are:
- FLOOD Flood
- RDP Rental dwelling
- DFIRE Fire
- EQKP Earthquake
- FARM Farm
- BOAT Boat owners
- RCUP Rental condo unit owner
- PPMBH Mobil Home
- PPCHO Condominium
- PPART Apartment
- COTHR Business Other
- BOP Business owner
|
REF*UA*1; |
The Mortgage Order is important when State Farm is expected to make changes, for example, to the loan number.
- UA Mortgage Order (1, 2, or 3)
|
DTM*007*20040615; |
This is the beginning date of the insurance policy’s term.
- 007 Policy effective date
|
DTM*036*20050615; |
State Farm insurance policies are continuous until cancelled. This is when the insurance policy term expires unless renewed.
- 036 Policy expiration date
|