HI Homeowner Underwriting Guidelines
Named Hurricane - Admitted Policy
Risk Overview
We will insure one to four family residences. Multi-unit residences (two-four families)
must be owned and insured by the same individual(s) under a single policy. The
dwelling and other structures must be well maintained and show pride of ownership.
Coverage must be purchased at the full reconstruction cost value of the exposure.
Alterations, Additions and Renovations affecting the value of the exposure must be
reported upon completion.
Coverage may be provided for the Dwelling, Other Structures, Personal Property and
Loss of Use (Fair Rental Value and Additional Living Expense).
Condo Unit Owners and Renters are eligible for Personal Property and Loss of Use
(Additional Living Expense) Coverage.
Coverage will only be provided on a primary basis. Deductible buy-downs and excess
coverage are not permitted.
Binding Authority


All submissions are unbound. ICAT retains all binding authority.
Quotes are in effect for up to 90 days.
Policy Term
The policy term is 12 months for all renewal business. New business may be issued
with a policy term of less than 12 months to coincide with an insured’s underlying nonhurricane policy. Premium charged for new business policies issued with a term of less
than 12 months will be prorated by the number of days the policy is in-force divided by
365 and multiplied against the annualized premium.
See cancellation rules for policies cancelled mid-term.
Eligibility criteria

General Criteria
o Eligibility, minimum valuation and overall condition of the building and roof
must be verified via inspection.
o Properties with mixed roof shapes or construction types shall be rated for
the higher factor unless the lesser factor can be proven to be at least 2/3
of the overall area.
o Inspection and policy fees may apply. Fees are fully earned.
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Named Hurricane - Admitted Policy
o A 4% inflationary increase will apply at renewal.
o All dwellings should be submitted with the total square footage of all
attached structures, including lanais, decks, balconies, garages and
carports. Detached structures should be entered as a separate structure.
o All property values must reflect 100% insurance to value.
o Coverage may be restricted due to Company aggregate accumulations.

Risks Requiring Underwriter Approval
o Coverage B and Coverage D limits in excess of 20% of the Coverage A
limit.
o Risks previously declined or non-renewed by ICAT for underwriting
reasons.

Ineligible Risks
o EIFS (Exterior Insulation and Finish Systems) cladding on all construction
classes.
o Dwellings under construction or exterior/structural renovation.
o Dwellings on the historical register.
o Dwellings over tidal water.
o Farm and Ranch exposures.
o Greenhouses constructed with glass.
o Commercial Risks, including Condominiums and Townhouses where the
named insured is an Association, business entity and/or any commercial
occupancy.
o Mobile or Modular homes.
o Risks damaged previously without repairs being completed.
o Dwellings with excessive debris on the property of the insured risk.
o Dwellings with excessive mold or wood rot which affects the structural
integrity of risk.
o Dwellings with an original construction year prior to 1900.
Coverage Limits
Coverage
Coverage A – Dwelling*
Coverage B – Other Structures
Coverage C – Personal Property
Coverage D – Loss of Use
Includes: Additional Living Expense & Fair
Rental Value
Coverage E – Additional Property Coverage
Limits Provided
Minimum Limit
Maximum Limit
$0
$2,500,000
$0
20% of Coverage A
($100,000 max)
$0
70% of Coverage A
$0
20% of Coverage A
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$0
$25,000 per policy
2
HI Homeowner Underwriting Guidelines
Named Hurricane - Admitted Policy
Policy Aggregate (All coverages and locations)
$0
$2,500,000
*Note: If Coverage A is selected, a minimum $150/sq ft. applies to the portion of the square footage used
for living area. $90/sq ft. applies to the portion of the square footage used for non-living area..
Coverages
Coverage A (Dwelling)
Defined as a structure used principally for dwelling purposes including additions and
extensions permanently attached thereof. Coverage applies to materials or supplies
pertaining to the service, upkeep and maintenance of the dwelling and other structures
on the covered location.
“Guest houses” or secondary residences housing service staff on the same location as
the primary residence, will also be written under the dwelling coverage as a separate
building.
Coverage B (Other Structures)
Available only when Coverage A is written on the same location.
Defined as structures located on the same location as the covered dwelling and
separated from the dwelling by a clear space. This includes structures connected only
by a fence, utility line, or similar connection.
Coverage C (Personal Property)
Defined as property usual or incidental to the dwelling that is owned by the named
insured or in the named insured’s care, custody or control while located at a covered
location. Special limits may apply to certain classes of Personal Property as shown
below. The special limit is the total amount we will pay for each loss for all property in
the category shown. These special limits of coverage do not increase the Coverage C
amount.
1.
$1,000 on rowboats and canoes.
2.
$1,000 limit on collectible stamps, coins and medals.
3.
$1,000 limit on jewelry, watches furs, or precious and semi-precious stones,
whether set or unset.
4.
$2,500 limit on plated ware, silverware, goldware, pewterware, trays, tableware
and other household items consisting primarily of silver, gold or pewter.
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Named Hurricane - Admitted Policy
5.
$500 limit on firearms.
6.
$1,000 limit on golf equipment, other than golf carts.
7.
$500 limit on golf carts.
8.
$1,000 limit on art, antiques and heirlooms, fine arts and collectibles.
9.
$2,500 limit on property used for business purposes located at the residence
premises and not otherwise excluded.
10. $1,000 on computers and peripheral devices, including software packages
available through the retail market.
Coverage D (Loss of Use) – Includes Additional Living Expense and Fair Rental
Value
Additional living expense is defined as a covered loss resulting in damage to that part of
the dwelling in which an insured normally resides such that it is no longer fit to live in.
Coverage applies for the additional living expense incurred by the insured to maintain
their normal standard of living.
If a loss covered results in damage to that part of the dwelling the insured normally rent
to others, coverage applies for the fair rental value as it pertains to the damaged
residence less any nonrecurring expenses incurred as a result of the damage.
Coverage E – Additional Property Coverage—Subject to $25,000 aggregate policy
limit
Coverage for certain types of property are excluded within Policy Form HIHU 100
unless specifically stated on the Declarations Page and both a limit of coverage and a
premium amount are shown. The following property may be specifically listed for
coverage to apply:
APC TYPE
Boardwalks, Catwalks, Decks,
Trestles and Bridges
Pools in Open
Awnings, Canopies
Fences, Property Line Walls,
Lattice Work, Trellis
Machinery and Equipment in Open
Satellite Dishes
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Named Hurricane - Admitted Policy
Driveways, Courts, Pads
Fountains, Statuary, Monuments,
Tombstones
Coverage F - Ordinance or Law Coverage
After a covered cause of loss, we will pay the increased costs to repair, replace, rebuild
or demolish the covered dwelling or other covered permanent structures as required by
law and made necessary by a covered loss, subject to the limit shown on the
Declarations Page, Schedule A.

Coverage is available for structures built in or after 1994. This coverage may be
available for older buildings, subject to Underwriter discretion.
Incidental Business Occupancy
Incidental business use is permitted when using the Residential Policy Form HIHU 100
provided the following conditions are met:
1. The business must not occupy over 25% of the residence premises
2. The business must not be the primary source of household income.
3. Coverage for business materials must be included within the Coverage C –
Personal Property limit of coverage for the full replacement cost of the materials.
Endorsement Options
Endorsement HIHU 208: Mold Coverage Extension
Coverage for Mold applies only to Coverage A (Dwelling) and only in the event damage
occurs as a result of a covered cause of loss. This endorsement will automatically
attach to all policies issued with a covered dwelling. There is no additional charge for
this endorsement.

A sub-limit of $10,000 per Dwelling applies
Endorsement HIHU 302 Ordinance or Law
After a covered cause of loss, we will pay the increased costs to repair, replace, rebuild
or demolish the covered Dwelling or other covered permanent structures as required by
law and made necessary by a covered loss, subject to the limit shown on the
Declarations Page. This coverage is a 20% additional limit of Coverage A.
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Named Hurricane - Admitted Policy

Coverage is available for structures built in or after 1994.
A 20% surcharge applies to the basic premium for the Dwelling coverage.
Endorsement HIHU 500: Personal Property Replacement Cost
In the event of a Covered Cause of Loss to Covered Property, the Residential Policy
Form HIHU 100 provides for settlement of Personal Property at Actual Cash Value.
Actual Cash Value is determined by calculating the Replacement Cost of the property
less any depreciation. The Personal Property Replacement Cost Endorsement
provides Replacement Cost coverage for Personal Property without subtracting for
depreciation.
A 30% surcharge applies to the basic premium for the Personal Property coverage only.
Endorsement HIHU 504 Windstorm Protective Devices
The Windstorm Protective Devices Endorsement is automatically attached to each
policy written where a credit for Windstorm Protective Devices relating to opening
protection is shown on the application. This endorsement warranties that the insured
Dwelling has Windstorm Protective Devices and that they will continue to be maintained
during the policy period.
Deductible Option
ICAT Specialty offers Named Hurricane percentage deductibles, subject to a minimum
deductible amount. The percentage deductible applies by policy to the total policy
limits. Total policy limits are defined as the sum of limits for the coverage’s chosen and
listed on the Declarations Page including the Dwelling, Other Structures, Personal
Property and Loss of Use. The available deductibles are shown in the following table:
Percentage Deductible
1%
2%
3%
4%
5%
10%
15%
Minimum Deductible Amount
$1,000
$2,000
$3,000
$4,000
$5,000
$10,000
$15,000
Claims settlement provisions
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Named Hurricane - Admitted Policy




Coverage A (Dwelling) and Coverage B (Other Structures) – Replacement Cost
Basis
Coverage C (Personal Property) – Actual Cash Value Basis, may be endorsed
for Replacement Cost Coverage
Coverage D (Loss of Use) –
o Owner Occupied – Actual Expense Incurred
o Rental – Net Rental Income Lost (Rental Income less nonrecurring
expenses).
Coverage E – Additional Property Coverage – Actual Cash Value Basis
In no event will the claim settlement exceed the limit shown on the Declarations
Page or the amount actually spent repairing or replacing the damaged property.
Midterm Changes
ICAT Specialty recognizes that the coverage needs of an insured may change during
the policy term. The policy may be endorsed mid-term for changes in exposure
providing the following criteria are met.
A. The change in exposure is applicable to both the hurricane and nonhurricane policies affecting the property covered.
B. Requests for a decrease in coverage mid-term will be allowed only in the
event the insured no longer has an insurable interest in the property.
Midterm changes that do not result in a change in exposure may be made at any time.
Cancellations
Pro-Rata Cancellation
 Available when:
 The insured no longer has an insurable interest in the property.
 The insured maintains an insurable interest in the property covered; however,
the policy was not in-force at any time from June 1st – November 30th of the
policy year.
 ICAT Specialty requested the cancellation for any reason during the
underwriting period or if there was misrepresentation of the risk, a material
change in risk characteristics, or a non-payment of premium.
Short Rate (Hurricane Season Penalty) Cancellation
 If coverage existed at any time from June 1 to November 30 during any 1-year
policy term, the amount of premium to be returned will be a percentage of the
total premium as follows:
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Named Hurricane - Admitted Policy
Percentage of Days
Policy In-force
0-8%
9%-17%
17%-26%
27%-38%
39%-50%
Greater than 50%
Percent of Annual
Premium Refunded
75.0%
50.0%
25.0%
15.0%
10.0%
0.0%
Billing

ICAT Specialty provides the following billing options:
o Mortgagee Billing – At the insured’s request, ICAT Specialty will bill the
Primary Mortgagee Company (1st Mortgage Company listed on binder) for
premium due. The full premium is due within 45 days of the effective date
of the policy and will be cancelled to account inception if payment is not
received.
o Full Pay—Direct Bill (Direct Bill—Amounts billed under this method will be
drawn from Producer’s account by EFT 3 days after the policy bind date or
effective date, whichever is later).
o Installment Plan – Direct Bill of 25% down, plus fees and a $9 installment
fee. The down payment will be drawn from Producer’s account by EFT 3
days after the policy bind date. The remaining balance will be invoiced to
the insured in (3) equal installments over the following consecutive three
(3) months .

If a mid-term change is made on the policy resulting in additional premium due,
the premium due will be invoiced to the insured.

The premium due from policy changes will be waived if the amount due or
payable is $5.00 or less. Refunds of return premium amounts less than $5 are
available upon request.
Minimum Premium
For policies with a covered dwelling, a minimum premium of $100 applies.
Condo-Form or Tenant only policies are subject to a $25 minimum premium.
Fees

Policy Fee: $25 per policy
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Named Hurricane - Admitted Policy

Inspection Fee: $50 per location
All fees are fully earned.
Hurricane and tropical storm moratorium guidelines
ICAT does not backdate coverage. When the Central Pacific Hurricane Center of the
National Weather Services declares a hurricane watch or warning that affects any of the
Hawaiian Islands, a moratorium will be in effect. The moratorium will extend for 72
hours after the Central Pacific Hurricane Center removes the hurricane watch or
warning.
Notification of a moratorium will be e-mailed to producer email addresses on file with
ICAT. ICAT is not responsible for email delivery failures of moratorium notices; it is the
Producer’s responsibility to verify moratorium status prior to submitting a bind request.
It is also the Producer’s responsibility to provide ICAT with accurate and up-do-date
email addresses.
During this time, requests to bind new business, add coverage or increase existing
coverage will not be honored. These restrictions do not affect a change of address for
the same location on the same policy when there is no increase in coverage (i.e.,
address change due to Emergency 911 changes).
This does not affect renewal binding or non-premium bearing endorsement requests as
long as the request to bind is received (or on retail renewals the premium is received)
prior to the expiration date of the policy term.
BOR Requirements & Procedures
 These requirements apply to all ICAT renewals:
 Mid term BOR requests will not be honored. However, the insured may request
their current policy be cancelled and request a new policy be bound, which will
include all applicable fees.
 When a BOR letter is received, ICAT will notify Producer via email of receipt of
the request. As a general principal, ICAT will honor a 5-calendar day waiting
period. However, if the request is time sensitive (i.e. the effective date is within
the next 5 days), and the insured requested the waiting period be waived, ICAT
may waive the waiting period.
 The Broker of Record Letter or Letter of Rescission must:
 Be written and signed by the insured;
 Include the ICAT policy number, if applicable; and
 Include the name of the new agent or broker.
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Named Hurricane - Admitted Policy


Only one letter of rescission will be accepted.
Commission will be paid to the Broker of Record as of the renewal effective date.
ICAT Contacts
International Catastrophe Insurance Managers
3665 Discovery Drive, 3rd Floor
Boulder, CO 80303
Phone: 808-591-9515
Fax: 866-422-8250
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Named Hurricane - Admitted Policy
What to Expect from Your ICAT Inspection
1. All new business is subject to an exterior inspection; including condominiums as
well as single and multi-family homes.
2. Your client will be visited by one of our Hawaii ICAT Inspectors:
Maui:
Dana Nance – Nance Inspections
Steve McDill – Information Providers, Inc.
Oahu:
Bruce Watkins – Information Providers, Inc.
David Willette – Information Providers, Inc.
Mark Perchan – Information Providers, Inc.
Joe Cassone – Information Providers, Inc.
Jeff Gilbreath – Information Providers, Inc.
Nick Batchelor – First American Field Services
Hawaii:
Maggie Quero – First American Field Services
Kauai:
Dana Nance – Nance Inspections Molokai and Lanai:
Risk location photographs required for coverage.
3. Upon completion of the inspection, if there are no underwriting alerts or
discrepancies, the form and photos are filed with no further action.
Below is a list of reasons why an inspection may be alerted:
a. The submitted building details do not match what is found upon
inspection.
b. The submitted building value is not sufficient based on the established
minimum cost per square foot.
c. The building is under construction and/or undergoing exterior/structural
renovation.
d. The building has existing unrepaired damage.
4. If a change to the policy is required, and all eligibility requirements are met, an
endorsement will be processed reflecting the correct building characteristics
and/or valuation.
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Named Hurricane - Admitted Policy
The endorsement will be emailed to the agent with a copy of the inspection and
the insured will be billed the additional premium (if any) by ICAT. If the change
results in return premium, it will be paid by check to the insured, mailed to the
agent.
5. If the building becomes ineligible based on inspection findings and/or there is
damage, a copy of the inspection including photos of the property and the
cancellation confirmation are emailed to the Agent.
The next day the printed Notice of Cancellation gets mailed to the Insured, the
Agent and any Additional Interest on the policy. Please refer to the producer
guides on the ICAT website for the most up-to-date eligibility requirements.
6. If damaged, upon receipt of photographic evidence confirming all the repairs
have successfully been completed and prior to the cancellation effective date, we
will consider reinstatement.
If reinstated, a reinstatement confirmation will be emailed to the agent. Notice of
Reinstatement will be mailed to the insured, the agent and any additional interest
on the policy.
7. If the cancellation date passes without evidence of repairs, a prorated
cancellation will be processed. The prorated return premium will be paid by
check, made payable to the insured, and mailed to the agent.
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Appendix
Windstorm Protective Device Definitions
Roof to Wall connection ties, when properly installed and installed on each roof
truss, rafter or joist in accordance with 1991 Uniform Building Code (UBC), or
other approved or engineered connection method, qualify for premium reduction
credits.
Wall to Foundation connection straps, when properly connected and installed at
48” center to center, in accordance with 1991 UBC, or other approved or
engineered connection method, qualify for premium reduction credits.
Foundations must be engineered and embedded in the ground in accordance
with 1991 or later UBC.
Wall to Foundation credits apply to bearing plates that are connected to a
masonry foundation or concrete slab on grade at 48” center to center.
Floor to Wall (floor to floor) ties/straps are required to be installed every 48” and
for each story to be recognized for credit under this item.
Connecting columns or posts to concrete pads not embedded in the ground will
not be recognized for credit under this system.
a. Standard credit applies if Windstorm Protective Devices (WPD’s) (anchor
bolts, straps) have been installed that connect the walls to a continuous
foundation. For walls, the maximum spacing for connection points is four
feet. For posts, or columns in post and beam construction, each post
must have an approved connector. Either the walls or the posts must form
a continuous load path to a masonry or concrete foundation imbedded in
the ground.
b. Superior credit applies for connections more favorable than those
described under “Standard”. (i.e. Connection points less than four feet,
but meeting all other criteria listed above)
Opening Protection such as storm shutters and plywood panels, or other
approved opening protection, when installed in compliance with the following
criteria, qualify for premium reduction credits:
Opening protection must protect each opening in the structure. Openings
include, but are not limited to, doors, Windows, skylights, and vents other than
roof ridge and soffit vents four square feet under. A garage door does not
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require shuttering or additional protection if the door is engineered or approved
(includes retrofitting) to withstand sustained Wind speeds of 80 MPH or more.
a. Standard credit applies when the opening protection system complies with
the “Dade County Florida Ordinances” for storm shutters utilizing the
“Small Missile” impact test. Approved laminated glass and impact
resistant plastic Window film must be installed in accordance with the
manufacturer’s guidelines.
b. Superior credit applies when the opening protection system complies with
the “Dade County Florida Ordinances” for storm shutters utilizing the
“Large Missile” impact test.
Deployable systems (shutters and panels) or systems that require installation
prior to an approaching storm must have the fittings permanently installed on the
building. For example, wood or metal panels require (permanently installed)
bolts, screws, and tracks in order for panels to be installed correctly.
a. Standard credit for wood panels requires a minimum of 1/2” thick treated
plywood. There shall not be any unsupported joints. The allowable spans
between bracing for the 1/2” plywood panels shall not exceed two feet in
one direction and four feet in the other direction.
b. Superior credit for wood panels requires a minimum of 19/32” thick treated
plywood and shall be continuous over two or more spans (no unsupported
joints) with face grain perpendicular to the supports. The allowable spans
between bracing for plywood panels shall not exceed four feet in any
direction.
Roof Types
Flat Roof is defined as a single plane with a low pitch designed to shed water as
pictured below:
Gable Roof is defined as two pitched roofs, back to back such that a triangle is
formed. When viewed from the side, a gable roof may be seen as an upside
down “V” as pictured below:
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Hip Roof is defined as a gable roof with the ends brought together at the same
pitch as pictured below:
Properties with mixed roof shapes or construction types shall be rated for the
higher factor unless the lesser factor can be proven to be at least 2/3 of the
overall area
Construction Types
Standard Frame - Single Wall
Buildings with less than 66 2/3% of the exterior wall area constructed with
masonry materials or wood and/or metal framed buildings without specific wind
resistive devices and specifically not engineered* and constructed to withstand
wind speeds up to 80 mph. Included in this definition are buildings constructed of
brick veneer, stone veneer, iron clad or stucco on wood.
If wood framed, both interior and exterior walls must be of single wall
construction.
This classification includes buildings described above which are either not
connected to or do not have a foundation consisting of masonry materials
forming a continuous barrier from building to ground around the entire building.
Such buildings shall be considered to have a substandard foundation.
Standard Frame - Double Wall
Buildings with less than 66 2/3% of the exterior wall area constructed with
masonry materials or wood and/or metal framed buildings without specific wind
resistive devices and not specifically engineered* and constructed to withstand
wind speeds up to 80mph. Included in this definition are buildings constructed of
brick veneer, stone veneer, iron clad or stucco on wood.
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If wood framed, both interior and exterior walls must be of double wall
construction.
This classification includes buildings described above which are either not
connected to or do not have a foundation consisting of masonry materials
forming a continuous barrier from building to ground around the entire building.
Such buildings are considered to have a substandard foundation.
Superior Frame
Wood or metal framed buildings constructed in accordance with the 1991 (or
later Uniform Building Code including appendices (1991 UBC) resulting in a
structure built to withstand wind speeds from 80 MPH to 100 MPH. Also included
are engineered* buildings, including wood or metal framed buildings, engineered
and constructed to withstand wind speeds from 80 MPH to 100 MPH built prior to
the 1991 UBC.
Masonry
Buildings with at least 66 2/3% of the exterior wall area constructed of masonry
materials; horizontal levels (floors and roofs) constructed of either metal or wood
frame.
Walls constructed of masonry materials must support at least 66 2/3% f the
structural loads (weight) from the horizontal levels.
Semi Wind Resistive
Buildings with at least 66 2/3% f the exterior walls area constructed of masonry
materials; horizontal levels (floors and roofs) constructed of a metal deck covered
with a minimum of 2” (two inches) thick concrete. Masonry walls must support 66
2/3% of the structural loads (weight) from the horizontal levels.
And, an engineered* building, wood or metal framed, that is constructed to
withstand wind speeds from 101 MPH to 120 MPH.
Wind Resistive
Buildings with at least 66 2/3% of the exterior wall area constructed with masonry
materials; horizontal levels (floors and roofs) constructed of a minimum 4” (four
inches) thick concrete.
Masonry walls must support at least 66 2/3% of the structural loads (weight) from
the horizontal levels. Also included are engineered* buildings, including a wood
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or a metal framed building that is engineered and constructed to withstand wind
speeds from 121 MPH to 160 MPH.
Superior Wind Resistive
Buildings with 100% of the exterior wall area constructed with masonry materials;
horizontal levels (floors and roofs) constructed entirely with masonry materials.
The building is required to have opening protection (shutters and storm panels)
engineered* to withstand wind speeds of over 160 MPH.
*Engineered Building – The buildings structure and/or materials used to construct
or protect the building has been designed by a licensed architect or structural
engineer. Plans or drawings bearing an architects or structural engineers
professional stamp must be submitted with the application and kept on file within
the agents office, stating the construction & materials used meets the wind speed
resistance or other criteria, specified under the respective construction classes.
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Catastrophe Replacement Cost Estimator
ICAT Specialty Insurance Company
Important Note: ICAT reminds you to consider the “economic demand surge” associated with a hurricane event. These added
costs are what the contractors must absorb when purchasing enormous amounts of building materials and labor resources,
which must be flown & shipped in for immediate usage, to meet the needs of an affected area. ICAT’s Boulder Claims has
resolved over one billion dollars in property claims since 2004 and their experience shows, on average the demand surge costs
were (at a minimum) 35% per structure.
Today’s Date:
Agency Name & Agent:
Named Insured:
Dwelling Location:
Year Built:
Construction Type (please circle):
Frame
Masonry
Estimated Cost per Square Footage - Per Dwelling Class
(does not include additional economic demand surge costs)
Average
Simple Design, average quality materials & workmanship
$150 - $185
Above Average
Some custom features, above average materials & workmanship
$186 - $225
Custom
Individual Design, Excellent quality materials & workmanship
$226 - $350+
TOTAL LIVING & NON LIVING SPACE
First Floor SF
2nd Floor SF
(85% of first floor cost)
Other
(50% of first floor cost)
(i.e. = unfinished basement)
Attached Carport ($75 per SF)
Attached Garage ($95 per SF)
Lanai/Patio
($75 per SF)
SQ. FT. AREA X COST PER SF =
X
=
X
=
X
=
X
X
=
=
X
=
Subtotal
Masonry Construction (add 20%),
Location Multiplier (add 15% for neighbor islands)
Debris removal & Architectural Fees (add 5% each).
Total Replacement Cost
This estimated RC value is not considered equivalent to a certified appraisal nor is it binding on the insured, agent or
company. It is a guide used solely to assist in determining the approximate replacement cost of a dwelling structure at present
day construction costs.
HI RCE Worksheet 01292007
General Homeowner Underwriting Guidelines-Named Hurricane
03/20/09
ICAT CONFIDENTIAL
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