5 FAQs Found Page
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Is there a Citizens Commercial Non-Residential Multi-Peril application checklist? |
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I'm trying to rate a commercial non-residential wind policy with a Building Value of $1,158,800 and Building Amount of Insurance of $1,000,000 and get the following errors: 1. For first loss rating, the building amount of insurance must be less than 80% of the building value. 2. Building #1: Combined Coverage Exceeds $1,000,000 Maximum Allowed for commercial policy forms. ; If I reduce the Building Amount of Insurance to $927,040 I get the following error: Building #1: Amount of insurance must be at least $1,000,000 for first loss rating.
How do I get around these errors? |
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I sent a submission for 8/1/12 effective date to Citizens commercial non residential multi peril and they say I need to send the most current version of form CIT CNRM-2 (07/12) and CIT CNRM-3 (07/12) Obviously these forms were not in your system at time of submission. Are they now loaded? If not, when can we expect to have them? Thank you.
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Hello. I am quoting a wind only quote for a commercial non residential risk. In the Buildings / Contents section, Number of Units and Number of Stories, does this pertain to the ENTIRE BUILDING or the PARTICULAR RISK? Please advise, thanks. |
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Have the updated CR-W, CR-M, CNR-M and CNR-W applicaitons been loaded to Turbostorm for when effective date is 10/01/09 or later? |
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