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<br />CONTENT INVENTORY PROCEDURES <br /> <br /> <br />Definitions: Categories for single-family residential content <br /> <br /> <br />inventory can be much the same as the structural categories described <br /> <br /> <br />above, These include one story, without basement; one story, with <br /> <br />basement; two or more stories, without basement; two or more stories, with <br /> <br />basement; split,level, without basement; split-level, with basement; and <br /> <br />mobile home, Subcategories within these can be made on the basis of <br /> <br />income for consideration in setting content-to-structure value ratios. <br /> <br />Content-to-structure value ratios are also of major importance in setting <br /> <br />categories for apartments, See discussion, of-content to structure ratios <br /> <br />below, <br /> <br />CONTENT-TO-STRUCTURE VAUJE RATIOS AND THE NEED FORLNVENTORY <br /> <br />The inventory of building content requires a good deal more site <br /> <br />specific inspection and interviewing than structural inventory, Nearly <br /> <br />all industrial property and many types of large commercial establishments <br /> <br />require detailed interviews or on-site inspections to determine the value <br /> <br />and elevations of flood-prone inventory, equipment, and raw material, At <br /> <br />least some sampling is required to determine content/structure value <br /> <br />ratios for all types of commercial property, No standard commercial <br /> <br />content ratio can be applied across types of commercial enterprises. <br /> <br />Even residential property, where standard depth-damage relationships <br /> <br /> <br />can be applied, it may be desirable to have a sampling to establish a <br /> <br /> <br />content/structure value ratio, Insurance companies generally use a flat <br /> <br /> <br />rate of 50 percent for a residential content-to-structure value ratio, <br /> <br />V,30 <br />