First Loss rating error message:

1. This means that you have the correct value to amount of insurance on the building but not on the contents.
2. The total value that Citizens will insure a risk to is $1,000,000 - combination of Buiding and Contents.
3. If First Loss rating is used, both Building and Content must be rated with this.  (You can't First Loss rate the building and then use Co-insurance on the Contents).
4. The Building Amount of Insurance and the Contents Amount of Insurance must equal $1,000,000.
5. The actual value for each of the building and the contents must be high enough in value to produce less than 80% comparing it to the building and contents amount of insurance entry fields. The program looks at each separately (building and contents values) and each must be less than 80% of amount of insurance to actual value:
   • For example:
     • Building actual value is $3,000,000 (enter this value in the Building Value field)
     • Contents actual value is $400,000 (enter this in the Contents Value field)
     • Both the building and contents Amount of Insurance entry fields must add up to $1,000,000 total.  A possible entry example could be:
       • $800,000 for the Building Amount of Insurance
       • $200,000 for the Contents Amount of Insurance