Binding a Quote

Binding a Quote from the Quotes tab of an Application

Last Updated: March 2025

This article explains how to bind a Quote and 'close the sale' from the Quotes tab of an Application

In BindHQ, there are two prerequisites for binding a quote:

• An Application must exist in the system (see Creating an Application)
• A Quote related to the Application must exist (see Creating a Quote)

Binding a quote: 

1. Navigate to an Application and select the Quotes tab.
2. From the Action drop-down on the right, click Bind. 
   
   
3. Under the General Liability tab, review or update the risk details related to the Line of Business associated with the Quote, then click Continue.
4. On the Locations tab, review or update the locations the coverage applies to, then click Continue.
   1. Note: This tab name is dynamic based on the coverage selected.
5. If applicable, certain Quotes will include a Forms tab. Review, add, or remove forms as needed, then click Continue.
6. On the Details tab, review or update the mandatory information, then click Continue.
   
   
7. Once you are comfortable with your changes, click Bind on the bottom right.
   
   
8. Assign a unique policy number (if relevant) and fill in additional details as needed (for example, diligent effort responses and carriers/contacts).
   Note: Policy numbers may be auto-assigned if policy blocks are configured for the program. If the policy number is auto-assigned, it cannot be edited.
9. Click Send to Bind.
   
   

10. Review the policy details, then click Bind Application to complete or Cancel Back to Quotes to make changes. A "Bind was successful" message will confirm completion, with a link to view the policy.

     
    
    
    Note: BindHQ automatically generates the Binder and Invoice.