FAQ ID # 8

ItcDataServices.com

Last Update : 2009/09/04
Rating : Not Rated
Add to favorites
Print this FAQ

Question / Issue
Why is Family Dwelling listed as a Policy Type in Wind Only?

Answer / Solution

Family Dwelling Policy Type:

  1. For Builder's Risk, Family Dwellings are rated on a Commercial form and therefore rated as Commercial-Residential.
  2. Depending on whether construction has started or not, this rate will be taken from the first section of the either Rate table BR-A or BR-B regardless of the number of stories.  (Pages XII-6 or XII-7).
  3. Be sure to answer Yes to the Commercial-Residential question, just below the Policy Type entry field.

 


Related Links
Builder's Risk underwriting manual page for Family Dwelling


Direct Link to This FAQ
http://www.itcdataservices.com/support/trfaq/?f=8

Tags
Family Dwelling Builder's Risk BR-A BR-B
How would you rate this article?

Poor
1
2
3
4
5

Great
Submit

Back to Top