FAQ ID # 51

ItcDataServices.com

Last Update : 2009/09/03
Rating : Not Rated
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Question / Issue
How do I rate other buildings on a Condo or Apartment property complex that are not main buildings in Muli-Peril?

Answer / Solution

Other Commercial-Residential buildings located on a Commercial-Residential property are considered auxiliary buildings, such as:

Exception: those specifically classified as Special Class property in the Citizens manual

    • Clubhouse
    • Pool house
    • Office
    • restaurant
    • fitness center

These buildings will be entered on the Policy tab just as you do for the main buildings.  You can distinguish these buildings by adding a description to the address field for the specific building.

NOTE:  When you enter a building that is less than $50,000, you will receive a warning message that the building must be an auxiliary building.  Just click Next to go to the rating screen.



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Tags
Other Commercial Residential buildings auxiliary
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