MD Insurance Bulletin 07-02
Homeowners and Private Passenger Auto Insurance Premium Request
ROBERT L. EHRLICH, JR.
GOVERNOR
R. STEVEN ORR
COMMISSIONER
MICHAEL S. STEELE
LIEUTENANT GOVERNOR
JAMES V. MCMAHON III
DEPUTY COMMISSIONER
RANDI JOHNSON
ASSOCIATE COMMISSIONER
Property & Casualty
# STATE OF MARYLAND
MARYLAND INSURANCE ADMINISTRATION
525 St. Paul Place, Baltimore, Maryland 21202-2272
Bulletin 07-02
Date January 3, 2007
To: Select Property and Casualty Insurers
Re: Homeowners Insurance Premium Request
Private Passenger Automobile Insurance Premium Request
Pursuant to §19-112 of the Insurance Article, the Maryland Insurance Administration ("MIA") hereby requests each property and casualty insurer to provide information related to homeowners insurance premiums and private passenger automobile ("PPA") insurance premiums. This information is necessary for the MIA to publish premium comparison guides for consumers.
Submit annual premiums effective as of February 1, 2007, based on the scenarios shown on the enclosed "Homeowners Premium Scenarios" and "PPA Premium Scenarios" for each designated zip code/county.
Provide the requested premium information in the Excel spreadsheet formats shown in the attached "Homeowners Excel Format" and "PPA Excel Format" exhibits.
In order to expedite this process, email transmission is mandatory. No paper documents will be accepted. If unable to email, please send the information on a CD or diskette to:
Mr. Linas Glemza
Property & Casualty Unit
Maryland Insurance Administration
525 St Paul Place
Baltimore, MD 21202
Property and Casualty Bulletin
Page 2
If you have any questions, please contact Linas Glemza at (410) 468-2044; or by email at lglemza@mdinsurance.state.md.us.
Please provide this information no later than January 25, 2007. In addition, please refer to the next page for a listing of revisions to this premium comparison request.
R. Steven Orr
Insurance Commissioner
By: P. Randi Johnson
Randi Johnson
Associate Commissioner
Property & Casualty
Enclosures: Homeowners Premium Scenarios
Homeowners Excel Format
PPA Premium Scenarios
PPA Excel Format
Data and File Requirements
Property and Casualty Bulletin
Page 3
## SUMMARY OF REVISIONS – February 2007
### Private Passenger Automobile
1) Scenarios 3 through 6 have been clarified to allow the application of a Homeowners multi-policy discount.
2) Scenarios 1, 2 and 11 have been clarified to state that no companion renters policy discount is to be applied.
### Homeowners
1) For renters, Reference to 1-4 Families has been deleted.
2) Disclaimer now required for all zip codes where a higher deductible is required for wind hail and/or hurricane(tropical cyclone) coverage.
Property and Casualty Bulletin
Page 4
## Homeowners Excel Format
All data must start in cell A2 of the spreadsheet. PLEASE use headers. Below lists the columns in which the data must be placed. The placement of data must conform to this or the submission will be returned. The data must be placed in the following columns:
| Column | Description |
| --- | --- |
| (A) | NAIC Group Code |
| (B) | NAIC Company Code |
| (C) | Effective Date of rates (mm/dd/yyyy) for New Business |
| (D) | NAIC Company Name (NOT NAIC GROUP NAME) |
| (E) | LEAVE BLANK |
| (F) | Category of Risk (can vary by scenario). See page 1 of the Homeowners Premium Scenarios. 1 - if Preferred/Better than average risk 2 - if Standard/Average risk 3 - if Non-Standard/Below average risk |
| (G) | Scenario Code 1 through 6 as defined in the Homeowners Premium Scenarios. |
For Each scenario code:
| (H) | Annual Premium for zip code 21502 |
| --- | --- |
| (I) | Annual Premium for zip code 21401 |
| (J) | Annual Premium for zip code 21218 |
| (K) | Annual Premium for zip code 21117 |
| (L) | Annual Premium for zip code 20678 |
| (M) | Annual Premium for zip code 21629 |
| (N) | Annual Premium for zip code 21157 |
| (O) | Annual Premium for zip code 21921 |
| (P) | Annual Premium for zip code 20603 |
| (Q) | Annual Premium for zip code 21613 |
| (R) | Annual Premium for zip code 21701 |
| (S) | Annual Premium for zip code 21550 |
| (T) | Annual Premium for zip code 21014 |
| (U) | Annual Premium for zip code 21044 |
| (V) | Annual Premium for zip code 21620 |
| (W) | Annual Premium for zip code 20855 |
| (X) | Annual Premium for zip code 20769 |
| (Y) | Annual Premium for zip code 21617 |
| (Z) | Annual Premium for zip code 21853 |
| (AA) | Annual Premium for zip code 20650 |
| (AB) | Annual Premium for zip code 21601 |
| (AC) | Annual Premium for zip code 21740 |
| (AD) | Annual Premium for zip code 21804 |
| (AE) | Annual Premium for zip code 21811 |
Property and Casualty Bulletin
Page 5
## PPA Excel Format
All data must start in cell A2 of the spreadsheet. PLEASE use headers. Below lists the columns in which the data must be placed. The placement of data must conform to this or the submission will be returned. The data must be placed in the following columns:
| Column | Description |
| --- | --- |
| (A) | NAIC Group Code |
| (B) | NAIC Company Code |
| (C) | Effective Date of rates (mm/dd/yyyy) for New Business |
| (D) | NAIC Company Name (NOT NAIC GROUP NAME) |
| (E) | Insert an asterisk (*) if credit history is used in rating, otherwise, leave blank. |
| (F) | Category of Risk (can vary by scenario). See page 1 of the PPA Premium Scenarios. 1 - if Preferred/Better than average risk 2 - if Standard/Average risk 3 - if Non-Standard/Below average risk |
| (G) | Scenario Code (1 through 12) As defined in the PPA Premium Scenarios. |
For each scenario code:
| (H) | Annual Premium for zip code 21502 |
| --- | --- |
| (I) | Annual Premium for zip code 21401 |
| (J) | Annual Premium for zip code 21218 |
| (K) | Annual Premium for zip code 21117 |
| (L) | Annual Premium for zip code 20678 |
| (M) | Annual Premium for zip code 21629 |
| (N) | Annual Premium for zip code 21157 |
| (O) | Annual Premium for zip code 21921 |
| (P) | Annual Premium for zip code 20603 |
| (Q) | Annual Premium for zip code 21613 |
| (R) | Annual Premium for zip code 21701 |
| (S) | Annual Premium for zip code 21550 |
| (T) | Annual Premium for zip code 21014 |
| (U) | Annual Premium for zip code 21044 |
| (V) | Annual Premium for zip code 21620 |
| (W) | Annual Premium for zip code 20855 |
| (X) | Annual Premium for zip code 20769 |
| (Y) | Annual Premium for zip code 21617 |
| (Z) | Annual Premium for zip code 21853 |
| (AA) | Annual Premium for zip code 20650 |
| (AB) | Annual Premium for zip code 21601 |
| (AC) | Annual Premium for zip code 21740 |
| (AD) | Annual Premium for zip code 21804 |
| (AE) | Annual Premium for zip code 21811 |
Property and Casualty Bulletin
Page 6
# DATA and FILE Requirements
Requirements:
1) ALL ENTRIES MUST IN NUMERIC FORMAT, except for Columns D and E. Column C can now be formatted in date format.
2) Fill Columns (H) through (AE) with N/A if rates are not available for the scenario.
3) For the Premiums, use numeric format (zero decimal places). Round off to whole numbers.
4) The Homeowners and Auto submissions MUST be in separate files.
5) Filing naming convention
a) File name should contain NAIC group code (or NAIC Company code if group code is zero). Using company name is an acceptable alternative.
b) The file name must also contain the letters "PPA" or "HO", whichever applies.
c) There are no other specific requirements for naming convention.
6) Spreadsheet detail requirements:
a) Arial font with font size of 12. Use default color of black;
b) Do not use 1000 separator (i.e. comma);
c) Premiums must be rounded to ZERO decimal places;
d) Do not use currency format;
e) Except for Company name and the asterisk for credit use, all other cells must be in numeric format. Do not use all caps for company name;
f) Do not submit formulas;
g) Row height is 12.75 (Excel default). Company name column width MUST be set to 34.14. Company name must fit within this setting. There are no specific width requirements for the remaining columns;
h) Do not activate "Wrap Text";
i) Do not use borders or colored/highlighted cells;
j) The Effective Date of Rates is to be formatted in date format.
For any other formatting issue, use the Excel default parameters.
7) We allow companies to submit disclaimers to their submissions. Due to space limitations, please keep it brief. Place disclaimers on the same spreadsheet page as the premiums. Do not place any symbols next to premiums to explain a disclaimer.
Property and Casualty Bulletin
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8) On a separate spreadsheet, provide the following information:
Column A - Contact Name
Column B - Company Name
Column C - Company Address 1 (can also be Department name)
Column D - Company Address 2
Column E - City/State/Zip
Column F - Phone number
Column G - Fax number
Column H - Email address of contact name. DO NOT SUBMIT THIS
In HTML format. Text only.
Column I - An 800/888/866 (toll free) that your company uses for
customer/consumer inquiries.
Column J - website address for customer/consumer inquiries. DO NOT
SUBMIT in HTML format. Text only.
For column I, if your company does not have a phone number for this purpose, please
use the phrase "See Yellow Pages".
# Homeowners Premium Scenarios – February 2007
Provide premiums, effective February 1, 2007, based on the attached scenarios and instructions for each designated zipcode (county, city/town) by January 25, 2007. Provide the requested information in the Excel spreadsheet format as shown on the enclosed “Homeowners Excel Format”.
Provide annual premiums for the insurer’s rating territory that most closely corresponds to the county/city or to the zip code designated for that county/city. Provide the total policy premium for each rating scenario for the noted geographic locations.
Provide coverage under Special Form HO-3. Dollar values indicated in the scenarios are “insured for” values. If Special Form HO-3 is not offered by the company, than report rates for the company’s most comparable coverage. Explain the details of the substitution. Attach an addendum if necessary.
If your company has multiple tiers, determine tier placement by the information provided in the rating scenarios. If a scenario does not provide sufficient information for tier placement, place the subject of the scenario in the middle or standard tier.
Calculate the homeowners, condominium, and renters premiums without applying any discounts or surcharges.
Water & Sewer Endorsement: Provide the maximum limit of coverage offered and the premium associated with that limit pursuant to §19-201.
Please round off to whole dollars.
Scenarios 1 – 4: Homeowners Policy Scenarios
Rate all Scenarios using 1 to 2 Family Units
| Zip Code / County | Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 |
| --- | --- | --- | --- | --- |
| 21502 – Allegany | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| 21401 - Anne Arundel | Home Value - 200,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 250,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 350,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value – 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
February 2007
1
| 21218 - Baltimore City | Home Value - 100,000 Frame Protection Class 1 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 150,000 Frame Protection Class 1 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 200,000 Masonry Protection Class 1 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 200,000 Frame Protection Class 1 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
| --- | --- | --- | --- | --- |
| 21117- Baltimore County | Home Value - 200,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 250,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
| 20678 - Calvert | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
| 21629 - Caroline | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
February 2007
2
| 21157 - Carroll | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 250,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 250,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 350,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| --- | --- | --- | --- | --- |
| 21921 Cecil | Home Value - 125,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 200,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 350,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| 20603 Charles | Home Value - 100,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 200,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 200,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 250,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| 21613 - Dorchester | Home Value - 225,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 375,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 375,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 450,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| 21701 - Frederick | Home Value - 150,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 250,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 250,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 300,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
February 2007
3
| 21550 - Garrett | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| --- | --- | --- | --- | --- |
| 21014 - Harford | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 225,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 325,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| 21044 - Howard | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| 21620 - Kent | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
| 20855 - Montgomery | Home Value - 225,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 375,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 375,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 450,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 – Deductible Water & Sewer Endorsement $300,000 Liability |
February 2007
4
| 20769 - Prince George's | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
| --- | --- | --- | --- | --- |
| 21617 - Queen Anne's | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
| 21853 - Somerset | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
| 20650 St. Mary's | Home Value - 125,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 200,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 350,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
| 21601 - Talbot | Home Value - 175,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 275,000 Frame Protection Class 5 Replacement Cost - Contents $500 - Deductible Water & Sewer Endorsement $100,000 Liability | Home Value - 300,000 Masonry Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability | Home Value - 400,000 Frame Protection Class 5 Replacement Cost - Contents $1,000 - Deductible Water & Sewer Endorsement $300,000 Liability |
February 2007
5
# Scenario 5: Condominium Policy
Rate all Scenarios using Frame Construction
| Zip Code / County | Scenario | Zip Code / County | Scenario | Zip Code / County | Scenario |
| --- | --- | --- | --- | --- | --- |
| 21502 - Alleghany | Replacement Cost for Coverage C Coverage C Amount = $100,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage | 20603 - Charles | Replacement Cost for Coverage C Coverage C Amount = $100,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 20769 - Prince George's | Replacement Cost for Coverage C Coverage C Amount = $100,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage |
| 21401 - Anne Arundel | Replacement Cost for Coverage C Coverage C Amount = $100,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage | 21613 - Dorchester | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 21617 – Queen Annes's | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage |
| 21218- Baltimore City | Replacement Cost for Coverage C Coverage C Amount = $100,000 Protection Class 1 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 21701 - Frederick | Replacement Cost for Coverage C Coverage C Amount = $100,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 21853 - Somerset | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage |
| 21117 – Baltimore County | Replacement Cost for Coverage C Coverage C Amount = $100,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage | 21550 - Garrett | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 20650 St Mary's | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage |
February 2007
7
| Zip Code / County | Scenario | Zip Code / County | Scenario | Zip Code / County | Scenario |
| --- | --- | --- | --- | --- | --- |
| 20678 - Calvert | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage | 21014 - Harford | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 21601 Talbot | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage |
| 21629- Caroline | Replacement Cost for Coverage C Coverage C Amount = $100,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage | 21044 - Howard | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 21740 Washington | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage |
| 21157 - Carroll | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage | 21620 - Kent | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 21804 Wicomico | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage |
| 21921 - Cecil | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage | 20855 - Montgomery | Replacement Cost for Coverage C Coverage C Amount = $125,000 Protection Class 5 $500 - Deductible $300,000 Liability Loss Assessment Coverage | 21811 Worcester | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $100,000 Liability Loss Assessment Coverage |
February 2007
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# Scenario 6: Renters Policy
Rate all Scenarios using Frame Construction
| Zip Code / County | Scenario | Zip Code / County | Scenario | Zip Code / County | Scenario |
| --- | --- | --- | --- | --- | --- |
| 21502 - Allegany | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability | 20603 - Charles | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability | 20769 - Prince George's | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability |
| 21401 - Anne Arundel | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability | 21613 - Dorchester | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability | 21617 - Queen Anne's | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability |
| 21218 - Baltimore City | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 1 $500 - Deductible $100,000 Liability | 21701 - Frederick | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability | 21853 - Somerset | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability |
| 21117 - Baltimore County | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability | 21550 - Garrett | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability | 20650 St. Mary's | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability |
February 2007
9
| Zip Code / County | Scenario | Zip Code / County | Scenario | Zip Code / County | Scenario |
| --- | --- | --- | --- | --- | --- |
| 20678 - Calvert | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability | 21014 - Harford | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability | 21601 - Talbot | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability |
| 21629 - Caroline | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 1 $500 - Deductible $100,000 Liability | 21044 - Howard | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability | 21740 - Washington | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability |
| 21157- Carroll | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability | 21620 - Kent | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability | 21804 - Wicomico | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability |
| 21921 - Cecil | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability | 20855 - Montgomery | Replacement Cost for Coverage C Coverage C Amount = $75,000 Protection Class 5 $500 - Deductible $300,000 Liability | 21811 - Worcester | Replacement Cost for Coverage C Coverage C Amount = $50,000 Protection Class 5 $500 - Deductible $100,000 Liability |
February 2007
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# PPA Premium Scenarios February 2007
Provide premiums, effective February 1, 2007, based on the below listed scenarios and instructions for each designated zip code (county, city/town) by January 25, 2007. Provide the requested information in the excel format attached.
Provide annual premiums for the insurer's rating territory that most closely corresponds to the town or city limits or to the zip code designated for that county.
Counties for which forms are required; Designated cities or towns and Zip Codes:
| County | City/Town | Zip Code |
| --- | --- | --- |
| Allegany | Cumberland | 21502 |
| Anne Arundel | Annapolis | 21401 |
| Not Applicable | Baltimore City | 21218 |
| Baltimore | Owings Mills | 21117 |
| Calvert | Prince Frederick | 20678 |
| Caroline | Denton | 21629 |
| Carroll | Westminster | 21157 |
| Cecil | Elkton | 21921 |
| Charles | Waldorf | 20603 |
| Dorchester | Cambridge | 21613 |
| Frederick | Frederick (City) | 21701 |
| Garrett | Oakland | 21550 |
| Harford | Belair | 21014 |
| Howard | Columbia | 21044 |
| Kent | Chestertown | 21620 |
| Montgomery | Rockville | 20855 |
| Prince George's | Glenn Dale | 20769 |
| Queen Anne's | Centreville | 21617 |
| Somerset | Princess Anne | 21853 |
| St. Mary's | Leonardtown | 20650 |
| Talbot | Easton | 21601 |
| Washington | Hagerstown | 21740 |
| Wicomico | Salisbury | 21804 |
| Worcester | Berlin | 21811 |
If your company has multiple tiers, determine tier placement by the information provided in the rating scenarios. If a scenario does not provide sufficient information for tier placement, place the subject of the scenario in the middle or standard tier.
The following abbreviations are used in this form:
- "COMP" means comprehensive or other than collision coverage;
- "PIP" means personal injury protection; and
- "UM" means uninsured motorist coverage.
- "COLL" means collision coverage
Scenarios: For each scenario listed, provide the total annual policy premium (rounded off to whole dollars) in the format shown on the enclosed "PPA Excel Format". The scenarios use ISO symbols. If you do not use ISO symbols, use comparable symbols as appropriate. Otherwise, do not modify the scenarios.
| Scenario 1: Young Single Male | Age 23. Rents an apartment. Do not apply companion policy discount. Drives a 2003 Kia Sorento, ISO symbol 12 If credit is used to determine premium, then calculate as if there was no credit history. Drives 15 miles each day total for work. Drives 15,000 miles annually. Liability $20,000/$40,000/$15,000 Full PIP $2,500 UM $20,000/$40,000/$15,000 COMP $250 deductible COLL $500 deductible |
| --- | --- |
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| Scenario 2: Young Single Female | Age 23. Rents an apartment. Do not apply companion policy discount. Drives a 2003 Jeep Liberty Limited, ISO symbol 14 If credit is used to determine premium, then calculate as if there was no credit history. Drives 35 miles each way to/from work. Drives 15,000 miles annually. Speeding ticket – 10 miles over the speed limit. Liability $20,000/$40,000/$15,000 Full PIP $2,500 UM $20,000/$40,000/$15,000 COMP $250 deductible COLL $500 deductible |
| --- | --- |
| Scenario 3: Single Male | Age 30 Homeowner. Apply a companion homeowners policy discount. Drives a 2004 Chevrolet Silverado C1500, ISO symbol 15 If credit is used to determine premium, then calculate as if the driver has no credit history. Drives 50 miles each day total for work. Drives 25,000 miles annually. No accidents or violations in past 3 years. Liability $100,000/$300,000/$50,000 Limited PIP $2,500 UM $100,000/$300,000/$50,000 COMP $250 deductible COLL $500 deductible |
| Scenario 4: Single Female | Age 30 Homeowner. Apply a companion homeowners policy discount. Drives a 2004 Toyota Camry, with dual front air bags. ISO symbol 13 If credit is used to determine premium, then calculate as if the driver has the best credit history. Drives 20 miles each way to/from work and 15,000 miles annually. No accidents or violations in the past 3 years. Liability $100,000/$300,000/$50,000 Limited PIP $2,500 UM $100,000/$300,000/$50,000 COMP $250 deductible COLL $500 deductible |
| Scenario 5: Single Male | Age 50. Homeowner. Apply a companion homeowners policy discount. Drives a 1999 Ford F-250 Super Duty, ISO Symbol 13 Drives 60 miles each day total for work – business use. Drives 25,000 miles annually. Second vehicle – 1990 Camaro RS Convertible, ISO Symbol 19 Pleasure use only – drives 3000 miles per year. Garage kept If credit is used to determine premium, then calculate as if the driver has the best credit history. No accidents or violations in past 3 years. Liability $100,000/$300,000/$50,000 Limited PIP $2,500 UM $100,000/$300,000/$50,000 COMP $250 deductible COLL $500 deductible |
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| Scenario 6: Senior Citizen Single Male | Age 65. Homeowner. Apply a companion homeowners policy discount. Drives a 2001 Buick Regal, ISO symbol 10 Drives 5000 miles a year If credit is used to determine premium, then calculate as if the driver has the best credit history. Retired – Pleasure use only. No accidents or violations in past 3 years. Liability $100,000/$300,000/$50,000 Limited PIP $2,500 UM $100,000/$300,000/$50,000 COMP $250 deductible COLL $500 deductible |
| --- | --- |
| Scenario 7: Senior Citizen Single Female | Age 65. Does not own a home. Do not apply any companion policy discount. Drives a 1998 Honda Accord, ISO symbol 14 If credit is used to determine premium, then calculate as if the driver has the best credit history. Retired – Pleasure use only – drives 5000 miles annually. No accidents or violations in past 3 years. Liability $100,000/$300,000/$50,000 Limited PIP $2,500 UM $100,000/$300,000/$50,000 COMP $250 deductible COLL $500 deductible |
| Scenario 8: Family Rate | Premiums given should include coverage for 2 vehicles and 3 drivers, with a multi-car discount and a companion homeowners discount, where available. Married Male Age 45 Drives a 2002 Ford Explorer XLT, ISO symbol 12 If credit is used to determine premium, then calculate as if the driver has the best credit history. Drives 30 miles each way to/from work. Drives 20,000 miles annually. No accidents or violations in past 3 years. Liability $250,000/$500,000/$100,000 Limited PIP $2,500 UM $250,000/$500,000/$100,000 COMP $250 deductible COLL $500 deductible Married Female Age 45 Drives a 2004 Dodge Grand Caravan SE, ISO symbol 11 If credit is used to determine premium, then calculate as if the driver has the best credit history. Drives 15 miles each day total for work. Drives 15,000 miles annually. No accidents or violations in past 3 years. Liability $250,000/$500,000/$100,000 Limited PIP $2,500 UM $250,000/$500,000/$100,000 COMP $250 deductible COLL $500 deductible Young Single Male Age 17 Does not have his own vehicle—he is an occasional driver of the 2004 Dodge. Has 1 year of driving experience. Took a driver training course. Has a B average in school. Speeding ticket – 10 miles over the speed limit. |
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| Scenario 11: Family Rate | Premiums given should include coverage for 2 vehicles and 2 drivers, with a multi-car discount. Do not apply a companion policy discount. Married Male Age 29. Rents a home. Drives a 1998 Chevrolet C/K Pickup 1500 Series, ISO symbol 10 If credit is used to determine premium, then calculate as if the driver has no credit history. Drives 20 miles each way to/from work. Drives 15,000 miles annually. No accidents or violations in past 3 years. Liability $20,000/$40,000/$15,000 Limited PIP $2,500 UM $20,000/$40,000/$15,000 COMP $250 deductible COLL $500 deductible Married Female Age 29. Rents a home. Drives a 1999 Ford Taurus, ISO symbol 8 If credit is used to determine premium, then calculate as if the driver has no credit history. Works part time, but drives 5,000 miles annually. No accidents or violations in past 3 years. Liability $20,000/$40,000/$15,000 Limited PIP $2,500 UM $20,000/$40,000/$15,000 COMP $250 deductible COLL $500 deductible Two children under age 12 |
| --- | --- |
| Scenario 12: Family Rate | Premiums given should include coverage for 2 vehicles and 2 drivers, with a multi-car discount and a companion homeowners discount, where available. Married Male Age 39. Homeowner. Drives a 1999 Ford Explorer XLT, ISO symbol 8 If credit is used to determine premium, then calculate as if the driver has the worst credit history. Drives 30 miles each way to/from work. Drives 35,000 miles annually. Self-employed. One at fault accident – paid claim in excess of $10,000. Liability $100,000/$300,000/$50,000 Limited PIP $2,500 UM $100,000/$300,000/$50,000 COMP $250 deductible COLL $500 deductible Married Female Age 39. Homeowner. Drives a 1998 Dodge Caravan, ISO symbol 5 If credit is used to determine premium, then calculate as if the driver has the worst credit history. Does not work, but drives locally about 5000 miles annually. No accidents or violations in past 3 years. Liability $100,000/$300,000/$50,000 Limited PIP $2,500 UM $100,000/$300,000/$50,000 COMP $250 deductible COLL $500 deductible Two children under age 14. |
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