FAQ ID # 271 - 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.

FAQ ID # 271

Last Update : 2011/06/17
Rating : Not Rated

Question / Issue

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.

Answer / Solution

The Per occurrence Hurricane deductible type does not have a value restriction on AOP deductibles like the per calendar year. In Multi-Peril you cannot mix the deductibles on each building as you can in Wind only. There is only one deductible combination for all buildings and special class property based on the lowest valued building.

Below are the deductible charts based on the Hurricane deductible and also based on the value of the building or special class property:

Direct Link to This FAQ

http://www.itcdataservices.com/support/trfaq/?f=271

Tags

per calendar year deductible invalid combination