Common use of Rating Individual Fields Clause in Contracts

Rating Individual Fields. (1) If a new or reduced rate can be determined, the rate must be applied to an entire field, or CLU (the RO cannot apply the rate to only a portion of a field).

Rating Individual Fields. (1) If a new or reduced rate can be determined, the rate must be applied to an entire field, or CLU (the RO cannot apply the rate to only a portion of a field).

Rating Individual Fields. (1) If a new or reduced rate can be determined, the rate must be applied to an entire field, or CLU (the RO cannot apply the rate to only a portion of a field). *** Premium rates must reflect the expected risks associated with the high-risk rated land and unrated land.