General Liability LOB - Schedule of Hazards

You can add coverages to the Schedule of Hazards section of the General Liability Line of Business data entry form.

To add or edit a coverage in the General Liability Line of Business form:

Click New (or Edit) and enter the following information. When finished, click Add (or Update). The updated information appears in the associated grid. To add multiple entries, repeat this procedure.

Location #	Select the number of the location to which this information applies.
Classification	Classify the applicant's liability exposures by location, use the ISO Classification Table or other industry organization rules. Enter the appropriate class description.
Class Code	Type the general liability class code that corresponds to the class description shown in the previous field.
Premium Basis	Select the premium basis from the list, for the class code you entered in the previous field (Area, Gross Sales, Payroll).
Exposure	Type the amount at risk (in whole dollars) for the selected Premium Basis. Use the following as a guide: Admissions - Per $1,000/Adm Area - Per $1,000/SQ FT Gross Sales - Per $1,000/Sales Other Payroll - Per $1,000/Payroll Total Cost - Per $1,000/Cost Unit - Per Unit
Territory	For each described exposure, enter the rating territory code based on location. The information can be found on the appropriate state exception page.
Rate	Prem/Ops: Type the premises operations rate, if applicable and known.
Rate	Products: Type the products rate, if applicable and known.
Prem	Prem/Ops: Type the premises operations premium, if applicable and know.
Prem	Products: Type the products premium, if applicable and known.

Additional Hard Limits/Rates/Premiums

Coverage	Select the coverage from the list.
Limit 1, Limit 2	Type the single or split limits that apply.
Exposure	Type the amount at risk.
Rate	Type the rate at which coverage is calculated.
Premium	Type the cost of this coverage. AMS360 will calculate the premium based on the exposure, premium basis, and rate, if entered.
Deductible Information	Type: Select the deductible type from the list. Amount: Type the amount of the deductible.
Miscellaneous Information	Type any additional information that applies to the deductible or coverage.

What's Next?

Do you want to enter additional information in the General liability Line of Business data entry form? See General Liability for more information.

Description	Describe the factor you are entering.
Factor	Type the factor. AMS360 calculates the amount for you.