Contents Valuation Settings

To access this dialog select Tools > Configuration Settings and click the + to expand the Contents Valuation Settings dialog.

Note: This is a separately licensed service. This option will not be displayed on sites that do not have a Contents Valuation license.

Use this dialog to create an informational RCT Alert. Alerts are defined based upon rules that you configure. You can also define the alert message that appears (both English and French) and make specific rules either Active or Inactive. User roles must be enabled to receive alerts.

When the rule you created is true, the defined message appears in the RCT Alerts panel.

Note: The alert generated in RCT Alerts will be a "green" information only alert.

To define the contents valuation:

  1. In the Standard Contents Coverage % field, enter the desired percentage of reconstruction cost that must be exceeded for an alert to be displayed.
  2. Select Require household income level input to get a contents valuation if you want to require income level. Household income level is optional.
  3. Select Display the household income disclaimer note on screens and reports if you want to have a disclaimer appear.
  4. Select Display the estimated household income used to create the contents valuation on screens and reports if you want to display the estimated income that is used to create the valuation on various screens and reports. If you do not want the income level displayed, uncheck the box.
  5. Select either Category Only or Category and Sub-Category for the level of detail to be displayed on reports and the contents valuation screen.
  6. Click Save.
  7. Click Close to close the Configuration Settings and return to the dashboard.

Use the chart below to determine what will be displayed when using the two "Display..." parameters.

Display the household income disclaimer note on screens and reports Display the estimated household income used to create the contents valuation on screens and reports Result
On Off "Note: Contents estimate based on a default income level range" (The income level is not shown)
On On "Note: Contents estimate based on a household income of 46,000 to 75,000" (The income level displayed will be whatever was selected on the contents valuation dialog)
Off Off No display
Off On No display

For a homeowners valuation the disclaimer (when enabled) will appear on reports that show the details of a contents valuation and on the Valuation Totals screen below the contents valuation details when "more info" is selected. The contents estimate results will be displayed in the Standard, Detail, and Home Owner reports.

For a renters (contents only) valuation the disclaimer note (when enabled) will appear on the contents report.

User Roles

Enable contents alerts for specific user roles by selecting the check box next to the user roles you want to enable.

Manage Contents Alerts

You can create new alerts and edit existing alerts by selecting the appropriate link.

Creating a Contents Alert

Contents alerts can be created based on different conditions. If the defined conditions are met in the valuation and the alert is active, an alert message is displayed in the RCT Alerts panel.

You can compare multiple items in one rule by using "and" and "or" conditions.

View the following slideshow to see how to create a contents alert:

Step 1

We'll create an example rule that states:

"If the value of artwork and collectibles exceeds $1000 then display an alert message."

To create a new Contents Alert, click Create Contents Alert.

The Edit Rule screen will open.

Click the right arrow to go to the next slide.

Step 2

Select Contents Only, Homeowners Only or Both for this rule. This determines when this rule is in effect.

If Contents Only is selected, the rule will be in effect only for Renters (contents only) valuations.

If Homeowners Only is selected, the rule will be in effect only for Homeowners valuations.

If Both is selected, the rule will be in effect for both renters and homeowners valuations.

Enter a Contents Rule Name and an English Alert Message. (You can also enter a French alert message)

Select the Active check box to make the rule active.

To start defining the rule, click in the blue shaded area.

Click the right arrow to go to the next slide.

Step 3

The "If" statement appears along with a drop down list of selections.

For our example, we will select Contents Category.

Click the right arrow to go to the next slide.

Step 4

After we selected Contents Category, a drop down list of categories appears.

We'll select "Artwork and Collectibles" for our example.

Click the right arrow to go to the next slide.

Step 5

A set of comparison operators appears. We'll select "is greater than" for our example.

Click the right arrow to go to the next slide.

Step 6

We'll enter 1000 between the brackets.

Click the right arrow to go to the next slide.

Step 7

Our rule is complete. Click anywhere outside the blue area and then be sure to click Save.

If you want to modify the rule, click anywhere inside the rule.

Note: The alert generated in RCT Alerts will be a "green" information only alert.

 

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