Demand Surge

Demand Surge is the increase in prices for labor and materials following a catastrophe, as contractors take advantage of the increase in demand for repairs and replacement construction.

The Demand Surge function enables you to set defaults for Demand Surge. You can also create custom Demand Surge curves specific to a geographic region. When you create a custom curve, you can paste data into the grid, revert to the last saved version, and clear the grid. Currency is established in Currency Rate Settings.

Set loss defaults for demand surge in the Demand Surge pane. You cannot change settings for the AIR default regions. The options to change settings become available only after you create a custom surge.

Parameters & Buttons

Description

Common buttons

Use these buttons (when applicable) and the parameters below  to set demand surge defaults.

Regions

Select the region for which you want to view the demand surge information and curve. To see what areas are included in a region, select the region and then click the Regions button.

Set as Default

Enable this check box to establish the current settings as the default.

Unit

Select units (trillions, billions, millions, thousands) from the selection list.

Factor fields

For each number you wish to update, click inside the cell and enter a new number. To create a new field click and enter starting and ending points and increment in the Add New Demand Surge dialog box.

Related topics

       Currency Rate Settings

       Loss Defaults

       Add New Demand Surge

 


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Touchstone 7.0 Updated September 03, 2020