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  Property Insurance Renewal- Underwriting Data QuestionSep 18, 2012 9:40 AMLinda Adams

Property Insurance Renewal- Underwriting Data Question
From: Linda Adams
To: Enterprise Risk Management
Posted: Sep 18, 2012 9:40 AM
Subject: Property Insurance Renewal- Underwriting Data Question
Hello All,

Each year, I go through the painful task of pulling together replacement cost values for our owned and leased premises. And each year, I categorize values into catagories for BUILDINGS, PROPERTY (furniture, etc.), EDP and MACHINERY.

Now that I set you up, here is the question. In which of these categories does installation of a surveillance system go? Is it buildings as a "building improvement" or is it EDP as "Electronic Data Processing Equipment?"

I struggle with this each year.

Linda Adams
Area Insurance Risk and Contracts Manager
Panalpina, Inc.
Morristown NJ
United States
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