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26 FAQs Found
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What Special Class Property items will Citizens not insure through the Wind Only program?
 
What coverage amounts are available and Loss settlements for the Commercial/Commercial Residential lines?
 
Is Computer Hardware covered under the BPP?
 
what is the difference between roof cover level A or B????? Also, when you have a reinforced concrete roof deck is the roof cover level A or B????????
 
Can terrorism be rejected on Multi Peril policies?
 
On the new mitigation form you are given choices of Clips, Single Wraps, Double Wraps, Structural other unknown or no attic access. All turbo rater gives in Clips Single Wraps, or Double Wraps. You give no choice for structural. Structural is the best credit. Please see below what the mitigation inspector said and advise please Roof covering is FBC compliant, level A. Roof/deck attachment is D, reinforced concrete, the same as level C on the old form. The roof/wall attachment is structural. I don’t know why they marked single wraps on the old form. That only applies to wood roofs. Structural is the top rating. Finally, they do not qualify for opening protection. The answer is “X”. I hope that helps. It sounds as if your rating software has not kept up with the form changes mandated by the state…
 
What are the maximum Eligible Replacement Cost Values per coverage type (Building, Contents,BI/EE) and what are the Maximum and Minimum Policy Limits?
 
I am trying to rate a Commercial Wind Only Builders Risk quote in TurboRater and I am getting the following error: " Combined coverage exceeds $1,000,000 Maximum Allowed for commercial policy forms". The limit of the building is $2,700,000. Per the manual, it states I may need to manually rate this with the First Loss rules. Is this correct? And what do I need to do to do this??
 
Can Business Income and Extra Expense be written as a stand-alone coverage?
 
Will the Turbo Storm rater for WIND ONLY rate a warehouse with a value of 1,321,000. I keep getting error Combined coverage exceeds $1,000,000 maximum. Thank you.
 
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