Earthquake Retrofit Brace Bolt Discount Lookup
Audit actual brace/bolt evidence against caller independently verified earthquake retrofit premium credit catalog; not water-leak or wind mitigation credit, structural readiness or policy entitlement.
Description
Earthquake retrofit credits depend on verified brace/bolt evidence and a matched premium schedule.
Earthquake retrofit credits depend on verified brace/bolt evidence and a matched premium schedule. Catalog lookup alone does not establish qualification.1
The returned values include Caller rounded retrofit credit minor, Caller net annual premium minor. The How section below explains the calculation, input rules and interpretation.
When to use Earthquake Retrofit Brace Bolt Discount Lookup
Use Earthquake Retrofit Brace Bolt Discount Lookup when you need to evaluate the supplied records under the calculation and evidence rules below. No structural readiness, universal discount or policy entitlement is supplied.
Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.
How to use Earthquake Retrofit Brace Bolt Discount Lookup and understand its results
- Prepare the observed policy, claim or quote evidence and independently verified policy tables. Monetary fields use integer minor units in one currency: for a currency with 100 minor units per major unit, enter 12345 for 123.45. One basis point is 0.01 percentage points, so 10000 basis points represents 100%.
- Enter callerEarthquakeRetrofitIds, callerVerifiedRetrofitCreditsBasisPoints, queryRetrofitId, callerPreRetrofitAnnualPremiumMinor, callerBraceBoltEvidenceVerified using the field table and calculation rules, then run the tool.
- Read callerRoundedRetrofitCreditMinor, callerNetAnnualPremiumMinor. The explanation below defines the units, signs, ordering and any flags or placeholder values.
- If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.
| Input field | Meaning | Value type; see rules below | Requirement |
|---|---|---|---|
| callerEarthquakeRetrofitIds | Caller earthquake retrofit ids | list of string | Required |
| callerVerifiedRetrofitCreditsBasisPoints | Caller verified retrofit credits basis points | list of number | Required |
| queryRetrofitId | Query retrofit id | string | Required |
| callerPreRetrofitAnnualPremiumMinor | Caller pre retrofit annual premium minor | number | Required |
| callerBraceBoltEvidenceVerified | Caller brace bolt evidence verified | boolean | Required |
Enter aligned nonempty unique nonblank retrofit IDs and integer credits 0–10000 basis points, an exact query ID, integer premium 0–10¹² and evidence boolean. Return credit and net premium; false evidence gives zero credit while still requiring a valid query.
credit=verified?roundMinor(base×basisPoints/10000):0; net=base−credit Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.
| Output field | Meaning | Value type |
|---|---|---|
| callerRoundedRetrofitCreditMinor | Caller rounded retrofit credit minor | number |
| callerNetAnnualPremiumMinor | Caller net annual premium minor | number |
{
"input": {
"callerEarthquakeRetrofitIds": [
"a",
"b"
],
"callerVerifiedRetrofitCreditsBasisPoints": [
1000,
2000
],
"queryRetrofitId": "a",
"callerPreRetrofitAnnualPremiumMinor": 10000,
"callerBraceBoltEvidenceVerified": true
},
"output": {
"callerRoundedRetrofitCreditMinor": 1000,
"callerNetAnnualPremiumMinor": 9000
}
}Limitations and assumptions
No structural readiness, universal discount or policy entitlement is supplied.
Numeric inputs, where present, must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Numeric lists are limited to 10,000 entries; string lists to 128 strings of at most 128 characters each. The rules above may impose smaller limits. Extremely large text inputs are rejected. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.
Alternative or Complementary methods
Use Security Alarm Discount Percent Lookup: An alarm credit requires verified certification under the selected premium schedule. Catalog rate lookup still occurs when evidence is absent. For a complementary task, use Multi Policy Bundle Discount Percent Calculator: Bundle savings compare separate premiums with individually rounded discounts and a fixed annual fee. Fees can make net savings negative.
References
Similar or alternative tools
- Security Alarm Discount Percent Lookup
An alarm credit requires verified certification under the selected premium schedule. Catalog rate lookup still occurs when evidence is absent.
- Multi Policy Bundle Discount Percent Calculator
Bundle savings compare separate premiums with individually rounded discounts and a fixed annual fee. Fees can make net savings negative.