Rating in commercial property

In the default configuration of commercial property, the rating system rates only the building coverage and the business personal property coverage. Other coverages are not reflected in the price of the policy.

Two to four costs are generated for each selected coverage within a period of time. There may be multiple versions of the cost over time, but none of them overlap. On the Coverages tab of the Building screen, you can specify the Cause of Loss to be Basic, Broad, or Special. The cause of loss determines the costs for the coverage as follows:

• Basic results in two costs, using Group I and Group II rates.
• Broad results in three costs, using Group I, Group II and Broad rates.
• Special results in four costs, using Group I, Group II, Broad, and Special rates.

From the Quote page, click on the building link to view the Cost Details screen for each building.

The standard rates in the default configuration are as follows:

Coverage	Group I rate	Group II rate	Broad	Special
Building Coverage	0.12	0.08	0.08	0.08
Business Personal Property Coverage	0.15	0.15	0.08	0.08