FAQ ID # 175 - 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??

FAQ ID # 175

Last Update : 2009/09/03
Rating : Not Rated

Question / Issue

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??

Answer / Solution

Change the question Commercial - Residential in the "Policy Info" section to yes since the final product will have residential living.

To get the BR-A table, select yes to "Completed Value form" (last question in the Builder's Risk section)

Direct Link to This FAQ

http://www.itcdataservices.com/support/trfaq/?f=175

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