FAQ ID # 193

ItcDataServices.com

Last Update : 2009/09/03
Rating : Not Rated
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Question / Issue
If a building is 68% vacant is it eligilbe to rate with Citzens.

Answer / Solution

For Commercial Residential Multi-Peril, occupancy rate must be 61% or more to be eligible.

For Commercial Non-Residential Multi-Peril, occupancy rate must be 31% or more to be eligible.

The Wind only guidelines for both CR & CNR does not mention a minimum occupancy rate.  You may want to check with Citizens for this line of rating



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http://www.itcdataservices.com/support/trfaq/?f=193

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vacant occupancy rate
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