Question / Issue |
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When rating a builders risk on a dwelling. Do we select "Other" or "Family Dwelling" for the policy type? |
Answer / Solution |
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Family Dwelling. Generally "Other" will be for all other buildings (both CR and CNR) that are not defined by any other item selection. For something like an office, you would select Policy type "Other" and then answer No to the Commercial-Residential question. The only purpose for Family Dwelling in the Wind only program is for Builder's Risk since it can only be written on a commercial form until it is completed.
NOTE: Effective 3-1-2012, Citizens no longer writes Builder's Risk policies |