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.
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To use this object, you must have a Non Catastrophe Analysis license.
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Click
to import loss cost adjustment rules from a CSV file.
Parameters and Buttons |
Description |
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Use these buttons (when applicable) and the parameters below to create and modify the Loss Cost Adjustment Factor. |
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Name |
Name of the Loss Cost Adjustment Factor. |
Description |
Brief description of the Loss Cost Adjustment Factor. |
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Click |
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. |