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23 FAQs Found
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What does the Multi-Peril error message: " Bldg #1 - Invalid Group I and Calendar-year Group II deductible combination for Building value mean?
When rating a Wind Only Commercial-Residential Condo or Apartment, why do I get an error message: "For first loss rating, the building amount of insurance must be less than 80% of the value"?
What are the maximum Eligible Replacement Cost Values per coverage type (Building, Contents,BI/EE) and what are the Maximum and Minimum Policy Limits?
Why am I getting this error on a Commercial Non-Residential Wind Only risk: "Building #1: Contents insured amount must be less than 80% of contents value"?
I thought the minimum deductible is now $2500 but just rated an account that wouldn't let me use the $2500. Assume that is because of the low-valued carports. So, does Citizens permit $1,000 deductible on all scheduled items when there are low valued items on the schedule?
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??
I am trying to rate a BR but the bldg value is $1,100,000 and for the life of me it willl not rate it. It is saved under Leonard Street, LLC. I got a wrong quote due to I changed the value to $1,000,000. Help!!
Will the program rate First Loss when quoting a Wind only Commercial Non Residential building exceeding $1,000,000 in value?
I'm getting an error that states " Invalid Group I and Calendar Year Group II deductible combination for Building Value". When I changed to "per occurrence" the error went away. Does that mean that I can't quote a per calendar year deductible? Thank you.
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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