FAQ ID # 218

ItcDataServices.com

Last Update : 2010/02/11
Rating : Not Rated
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Question / Issue
If I decide to order the FL/Wind rating system is it possible to obtain a payment plan? I'm a new Citizens Property Insurance Corp. Agent in Florida and I want to build up a book of business for both Residential & Non- Residential policies. Please answer soonest. Thank you!

Answer / Solution

TurboStorm is a fully web based rating program with 2 parts that can be purchased separately:

 

·         Commercial Residential Multi-Peril (Condos, Apartments, Homeowner Assoc –located anywhere in FL) and the Wind Only for the wind eligible areas only (rates both Commercial Residential and Non-Residential risks). 

o    The cost of these 2 lines of rating is $750/year or $198.88 / quarter. 

o    The manual and rates are posted on Citizens’ site.

o    Both lines of rating will print the ACORD apps (Multi-Peril), Citizens specific apps (Wind Only) and Supplemental apps (Both lines) needed to submit to Citizens

 

 

·         Commercial Non-Residential Multi-Peril (Rates businesses such as offices, strip malls, retail shops, etc – located anywhere in FL). 

o    The cost of this line of rating is $750/year, no payment plan available

o    The underwriting guidelines are posted on Citizens site and the rates used follow the ISO manual with some Citizens exceptions.

o    This line of rating currently only has the Citizens supplemental apps (the ACORD 125 & 140 will be added in the next 30 days)

 

 

Here is the link for you to access our Web based Commercial/Commercial-Residential rating program- TurboStorm information page for further details: www.turborater.com/turbostorm.htm

 

There is an On-line Demo tab that you can click on to step you through the quoting process for both lines of rating (Multi-Peril and Wind Only).

 

If you have any questions about the program, please feel free to contact me.

 

Lori Cahill

Insurance Technologies Corporation

Florida TurboStorm Sales and Support Representative

800-383-3482 ext 128

lcahill@turborater.com

www.turborater.com



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turbostorm wind only multi-peril payment plan purchase
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