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35 FAQs Found
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differences between a personal lines multi-peril policy and a commercial lines multi-peril policy
 
What can I do to get assistance on determining the reason for a rate difference between a policy issued by Citizens and TurboStorm?
 
Rated a Commercial-Residential Wind Only policy with reinforced concrete roof with no opening protection and class A, B & C protection. A & B were more expensive than C & none.
 
How do I rate a commercial building such as an office in the Wind Only program (What Policy type do I use)?
 
How does Citizens process Agent of Record Letter on Commercial wind only policy. What are the procedures that have to be taken or where is this information found in the manual ? Thanks for your help
 
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??
 
If a citizens policy is cancelled because the building is sold, will citizens still impose their minimum earned factors? Is there a document from citizens stating the answer to this question that can be used as a reference? Thank You!
 
Commercial Residential condominium WIND ONLY Special classs Please tell me what and when is property type other structure(Dwelling Policy Applicable)-Masonry is used. I see the rate is a big difference rating it with that class or rated as a detached open sided structure masonry.
 
Trying to rate a Builders Risk for a single family dwelling. Completed Value form at 100% coinsurance. When entered it says error exceeding the $1,000,000. building limit for commercial policy forms but since its a single family dwelling it should be eligible. How do I get a rate for this using BR-A rate table??
 
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