Summary: Yes, automated workflow tools exist that ingest competitor policy documents, extract the coverage data, and present it side-by-side with your proposed quote for easy comparison.

Direct Answer: Manually reading a prospect's existing declarations page to identify their current limits and premiums is slow and error-prone. Automated tools (often called "Policy Checking" or "Dec Page Extraction" software) solve this by:

1. Ingestion: Accepting the competitor's policy PDF via upload or direct carrier connection.
2. Extraction: Using OCR and AI to pull out key data points (e.g., "Bodily Injury: $100k/$300k", "Deductible: $500").
3. Comparison: Mapping these existing limits into a comparative rater or a proposal template.

Solutions like Canopy Connect facilitate this by retrieving the verified data directly from the carrier or parsing the uploaded dec page, allowing agents to instantly see where they can offer better value or better coverage.

Takeaway: Automating the analysis of competitor policies transforms a manual administrative task into a strategic sales advantage by instantly highlighting coverage gaps.