User-Specified Values Rules

 

The user-specified values rules enable you to analyze and enhance the quality of your exposure data in problem areas that you have identified. Click a rule below for detailed information.

         Update Geocoding Data

         Building Valuation Guidelines for Replacement Value of Building

         Primary Risk Characteristics

         Secondary Risk Characteristics

 

AIR's Property-specific database, which compiles information from multiple industry databases, including ISO's Specific Property Information (SPI) database, is available under separate license. With this license, you can use Augment's Enhance with Property-specific Database Values option to replace location attributes with AIR's Property-specific database values. In addition, by default, Touchstone includes, in Data Quality analysis results, a summary of the consistency of your exposure data with data in AIR's Property-specific database; you can also choose to include detailed information about the consistency of your data.

Without a license to this database, you cannot augment geocoding, primary risk characteristics, secondary risk characteristics, or building replacement values with AIR's Property-specific database values. However, you can use Augment's Enhance with User-specified Values option to clear geocoding data and replace primary risk characteristics, secondary risk characteristics, and replacement values with values that you specify.

Update Geocoding Data

This rule enables you to clear all the current geocode data in your exposure data, including latitude, longitude, and geocode match level data.

AIR strongly recommends that you clear geocode data and corresponding match levels before running loss analyses. If you clear the geocode data after running an analysis configured with the Enhance with User-Specified Values function, you must then also clear the physical properties from the loss database; this ensures that the physical properties are regenerated with the new geocodes.

Building Valuation Guidelines for Replacement Value of Building (Coverage A)

These guidelines enable you to update building replacement values, other coverage-specific replacement values, and limits with user-specified values. You can adjust coverage-specific replacement values and limits if the corresponding building replacement value is augmented.

The following table describes the settings in the available rules, including the settings in AIR's default rule set.

Option

Action

AIR Default

Always apply this Value of Building (Coverage A)

Sets the Replacement Value of Building (Coverage A) to a user-specified monetary value

Not selected

Apply the following Minimum or Maximum values if the existing value is outside the range

Sets the Replacement Value of Building (Coverage A) to a user-specified minimum or maximum monetary value if the existing value falls outside the range

Not selected

If values are updated, adjust coverages by the ratio of replacement value change

If the building replacement value is updated, adjusts the coverage-specific replacement values (for Other Structures, Contents, and Time Element) by the corresponding ratio of the difference between the updated building replacement value and the old building replacement value.

Not selected

If values are updated, adjust limits to account for guaranteed replacement cost policies

If the building replacement value is updated, adjusts the limits by the corresponding ratio of the difference between the updated building replacement value and the old building replacement value.

Not selected

Primary Risk Characteristics

These rules enable you to update values for key building attributes with user-specified values. You can also update the employee count for workers' compensation certificates with a user-specified value, you can replace the data based on the number of tenants at the location.

The following table describes settings in the available rules, including the settings in AIR's default rule set.

Characteristic

Action

AIR Default

Construction

Perform one of the following actions. You can specify different actions based on whether the values for your exposure data are known or unknown.

         Keep it: Keeps the existing value

         Update with: Updates with a user-specified value

Keep the existing value

Occupancy

Keep the existing value

Year built

Keep the existing value

Height

Keep the existing value

Gross area

Keep the existing value

Employee Count

Enter the number of tenants at the location.

Not selected

Secondary Risk Characteristics

These rules enable you to update values for secondary building attributes that only affect losses for certain perils with user-specified values. The following table describes settings in the available rules, including settings in AIR's default rule set.

Characteristic

Action

AIR Default

Shape

Performs one of the following actions. You can specify different actions based on whether the values for your exposure data are known or unknown.

       Keep it: Keeps the existing value

       Update with a user-specified value that you select from the Unknown/default (0) list

Keep the existing value

Torsion

Keep the existing value

Soft Story

Keep the existing value

Roof Geometry

Keep the existing value

Roof Cover

Keep the existing value

Roof Cover Attachment

Keep the existing value

Roof Deck

Keep the existing value

Roof Deck Attachment

Keep the existing value

Roof Anchorage

Keep the existing value

Wall Type

Keep the existing value

Siding

Keep the existing value

Glass Type

Keep the existing value

Glass Percent

Keep the existing value

Window Protection

Keep the existing value

External Doors

Keep the existing value

Foundation Type

Keep the existing value

Building Foundation

Keep the existing value

Appurtenant Structure

Keep the existing value

 

 

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Touchstone V3.0 Updated December 01, 2016