| Question / Issue |
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| Is there a way to use your rating software on a bldg that has a specific ISO rate in the Commercial Residential Multi-Peril? |
| Answer / Solution |
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Yes. Rating Commercial Residential Multi-Peril you will:
- Select the Policy Type as Other Building
- This will open the Specific Loss cost (Building) and Specific Loss Cost (Contents) entry fields in addition to the Is this a Condo question.
- The Condo question tells the program where to get the Group II rate from (either the Condo or Apartment/Homeowner Assco table rate).
- Enter your ISO Loss Cost factors in the specified fields to force the program to use these as the base rates to calculate the Group I premiums.
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FAQ ID # 223
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