Known Issue 300

Assigning a value of -1 to the Floor of Interest secondary modifier will produce loss when the Foundation Type is not a basement in the Verisk Inland Flood Model for the United States and the Storm Surge and Precipitation Flood sub-perils of the Verisk Hurricane Model for the United States.

Issue ID 300
Summary Assigning a value of -1 to the Floor of Interest secondary modifier will produce loss when the Foundation Type is not a basement in the Verisk Inland Flood Model for the United States and the Storm Surge and Precipitation Flood sub-perils of the Verisk Hurricane Model for the United States.
Description An entry of -1 in Floor of interest represents a basement; losses will still be produced with that entry even if the Foundation Type is explicitly coded as a non-basement option.
Resolved in
Date posted 7/10/2020
Software versions affected 11.2, 11.0, 10.0, 9.1, 9.0
Feature set Detailed loss
Models Verisk Inland Flood Model for the United States, Verisk Hurricane Model for the United States
Potential for loss numbers impact Yes
Workaround Only use an entry of -1 in Floor of Interest when either the foundation type is unknown or one of the two basement options (1-Masonry Basement; 2-Concrete Basement).