Create location coverage

post

https://{host}/platform/riskdata/v1/exposures/{exposureId}/locations/{id}/locationcoverages

Defines the terms of risk or liability for losses such as buildings, personal property, and business interruptions at the specified location.

Location coverage defines the liability of the underwriter for damages to entities (buildings, building contents, businesses) at a specific location due to catastrophe events. Location coverage defines maximum insurer liability, the perils covered, and coverage modifiers. All attributes specified in the request body are optional.

Path Params

exposureId

int64

required

≥ 1

ID of EDM.

int32

required

≥ 1

ID of location.

Body Params

waitingPeriod

double

BI waiting period; only applicable to BI coverage. Captured in number of days. Uses only single decimal place. By default, 0.0.

label

object

Label identified by id, code, and name.

`id`	`code`	`name`
7	EQ	Building
8	EQ	Contents
9	EQ	BI
28	EQ	Coverage A
29	EQ	Coverage B
30	EQ	Coverage C
31	EQ	Coverage D
50	EQ	Combined Cvg
14	WS	Building
15	WS	Contents
16	WS	BI
24	WS	Coverage A
25	WS	Coverage B
26	WS	Coverage C
27	WS	Coverage D
51	WS	Combined Cvg
1	TO	Building
10	TR	Building
11	TR	Contents
12	TR	BI
44	TR	Coverage A
45	TR	Coverage B
46	TR	Coverage C
47	TR	Coverage D
55	TR	Combined Cvg
2	TO	Contents
3	TO	BI
32	TO	Coverage A
33	TO	Coverage B
34	TO	Coverage C
35	TO	Coverage D
52	TO	Combined Cvg
20	FL	Building
21	FL	Contents
22	FL	BI
36	FL	Coverage A
37	FL	Coverage B
38	FL	Coverage C
39	FL	Coverage D
53	FL	Combined Cvg
4	FR	Building
5	FR	Contents
6	FR	B.I.
40	FR	Coverage A
41	FR	Coverage B
42	FR	Coverage C
43	FR	Coverage D
54	FR	Combined Cvg

eqslModifier

int32

Contents covered by EQSL (earthquake sprinkler leakage) subperil.

lossType

string

enum

Type of loss.

Allowed:

percentSprinkler

double

Percentage of contents under sprinkler.

value

double

biPoi

double

BI period of indemnity. Not used in loss calculations.

Captured in number of months. Uses only a single decimal place. By default, 12.0.

deductible

double

Amount of deductible.

nonRankingDeductibleAmt

double

Value of deductible amount not applied to policy-level aggregate deductibles.

coverageModifier

string

enum

Rating of content fragility; relevant to earthquakes (e.g. potential for building collapse).

Allowed:

accumulation

string

enum

Type of accumulation.

Allowed:

limit

double

Amount of limit.

peril

string

enum

Natural or man-made phenomenon that generates insurance loss.

Allowed:

percentageLossDeductibleAmount

double

Deductible expressed as percentage of loss for coverage or combination of coverages. As loss increases, the deductible amount increases. Used to run HD models and accumulations.

isFranchiseDeductible

string

enum

If YES, deductible is franchise. If NO, deductible is conventional.

Allowed:

limitExtension

double

Extent of law and ordinance coverage.

Used by US hurricane regions for informational purposes only. Not used in any loss calculations.
Used for financial model calculations in the North America Wildfire HD Models and Australia Bushfire HD Model.

isValid

boolean

Not used. Retained for legacy purposes.

To avoid potential issues, do not set as false unless instructed by Moody's.

Responses

Language

Credentials

URL

Response

Choose an example:

*/*

application/json

201Created.

400Bad Request

403Forbidden