Loss Cost Adjustment Factor

Administration Console > Object Management > Loss Cost Adjustment Factor
Project Data > Exposure Views > Detailed Loss > New Detailed Loss Analysis > Analysis Settings > Non Catastrophe Peril Analysis > Loss Cost Adjustment Factor > Loss Cost Adjustment Factor
Project Data > Exposure Views > {Open an Exposure View} > Contract List > {Select a Contract} > New Analysis: Contract Loss > New Detailed Loss Analysis > Analysis Settings > Non Catastrophe Peril Analysis > Loss Cost Adjustment Factor > Loss Cost Adjustment Factor
Underwriting Contract Mode > Home Tab > Contract List > {Select or Add a Contract} > Contract Summary Dashboard > Detailed Loss > Analysis Options > New Detailed Loss Analysis > Analysis Settings > Non Catastrophe Peril Analysis > Loss Cost Adjustment Factor > Loss Cost Adjustment Factor

The Loss Cost Adjustment Factor object enables you to create an object that users can select when applying loss cost adjustments via a set of rules that are based on geography, construction, and occupancy. The loss analysis engine applies the rules to locations after calculating the loss costs, adjusting the number up or down if there is a matching rule that applies. For information about configuring non catastrophe peril analyses, refer to the Detailed Loss Analysis help topics.

To use this object, you must have a Non Catastrophe Analysis license.
Click to import loss cost adjustment rules from a CSV file.

Parameters & Buttons	Description
Common buttons	Use these buttons (when applicable) and the parameters below to create and modify the Loss Cost Adjustment Factor.
Name	Name of the Loss Cost Adjustment Factor.
Description	Brief description of the Loss Cost Adjustment Factor.
	Click in the first column of the first record to display fields in the record, most of which have drop-down lists (see below).
Country	Currently, only "US" is available for the Country field.
Area (State)	Select an area (state) from the selection list.
SubArea (County)	Select a subarea (country) from the selection list.
Postal Code	Enter a postal code, if applicable.
Construction	Select a construction type from the selection list.
Occupancy	Select an occupancy type from the selection list.
Coverage	Select a coverage type from the selection list.
Factor	Enter a Loss Cost Adjustment Factor.

Touchstone 7.0 Updated September 03, 2020