Premium Pro Allocator determines the physical location of addresses using geographic mapping technology. Once the physical address is identified, the program can determine what taxing jurisdiction the address falls in.
The program uses an extensive database comprised of address ranges for each state. The program searches this database to find an address that matches the address listed on the policy. The data returned is called a matched address.
The location of the matched address is plotted on a digital map of the state. This map includes city and county boundaries, so Allocator is able to identify precisely where the address is located.
This process is called geocoding.
After the address is geocoded, Allocator determines the proper taxing jurisdiction that the address is assigned to. This jurisdiction may be a city, county, or fire district. This process is called allocation. The results of the allocation process can be imported into Premium Pro Enterprise Municipal and the Life/P&C Annual Tax software modules.
Premium Pro Allocator supports Alabama, Delaware, Florida Firefighters’ and Police Officers’ Pension Districts, Georgia, Illinois Fire, Kentucky, Louisiana, New York Fire Protection Districts, New York MTA, North Dakota, and South Carolina.
The initial release of the Allocator software will be available on December 1st of every year. You will receive an email containing the link to download the installation.
In addition to this help file, a
copy of the Allocator section of the Premium Pro Workbook can be downloaded
from here