Complex fields (fields with more than one input like the Name field, Checkbox fields, Address fields, etc) do not support the default value option. But they do support dynamic population.
This snippet enables the ability to use merge tags as dynamic population parameters, allowing you to specify default values for complex fields.
View this code snippet on GitHub.How do I install this snippet?
Just copy and paste the code into your theme’s functions.php file.
Do I need to customize the snippet to work with my form?
Nope! This one is generic and will work for all forms out of the box. Here is what it will look like once you’ve added a couple merge tags to your dynamic population parameter settings.

Summary
Let me know how you use this in the wild! Be sure to check out the Dynamic Products via Post Meta article which makes use of this handy snippet.