FAQ ID # 75 - Rated a Commercial-Residential Wind Only policy with reinforced concrete roof with no opening protection and class A, B & C protection. A & B were more expensive than C & none.

FAQ ID # 75

Last Update : 2009/09/03
Rating : Not Rated

Question / Issue

Rated a Commercial-Residential Wind Only policy with reinforced concrete roof with no opening protection and class A, B & C protection. A & B were more expensive than C & none.

Answer / Solution

This can be the case due to the new BCEGS and Mitigation Discount Adjustment effective 9-1-08 applied. This new rate calculation can be viewed on the Show Rate Calculation (Showfactors) worksheet provided on the Quote breakdown screen (located at the top of the page next to the Save As New button).
The Windstorm Mitigation tables can be found in the Citizens Commercial & Commercial-Residential Wind Only manual section IX. CR Premium Determination and Rate Tables pages IX-18 through IX-20. The Commercial-Residential Premium Calculation Worksheet is foundon pages IX-21 & 22.

Attachments

	BCEGS and Mitigation discount adjustment calculation worksheet.pdf (38.9Kb)
	Show Rate Calculation - Quote Breakdown screen.pdf (39.2Kb)

Direct Link to This FAQ

http://www.itcdataservices.com/support/trfaq/?f=75

Tags

BCEGS Wind mitigation opening protection reinforced concrete roof deck