| An industry code used to determine the rating factors. If two rate classes are required, this element should be used to enter the liability code. The source of this code list is the individual insurer rating manuals. If RateClassCd is the only value received, the value may reflect possibly a) a unique code reflecting both Property Damage and Liability combined into a single code or b) the value may have an "implied hyphen" reflecting a concatenated Primary and Secondary code. If a PhysicalDamageRateClassCd is received, then Liability can be assumed to be in RateClassCd. |