MD Insurance Bulletin 15-07
Private Passenger Automobile Insurance Rate Guide
Bulletin 15-07
Date
March 24, 2015
To:
Select Property and Casualty Insurers
Re:
Private Passenger Automobile Insurance Rate Guide
Homeowners Insurance Rate Guide
*****************************************************************************
Pursuant to §19-112 of the Insurance Article, the Maryland Insurance Administration (“MIA”)
hereby requests that certain personal lines property and casualty insurers actively writing this
business in Maryland provide information related to Homeowners (“HO”) and Private Passenger
Automobile (“PPA”) insurance premiums. This information is necessary for the MIA to publish
rate comparison guides for consumers.
If
your
company
does
NOT
actively
write
Homeowners
and/or
Private
Passenger Automobile, do not respond to this bulletin in any manner, nor contact the
MIA. Select Insurers have already been identified, and will be receiving correspondence
regarding this bulletin directly from Linas Glemza.
Please submit the annual premium information, with an effective date as of August 1, 2015 (or
after) for Private Passenger Auto and Homeowners, based on the scenarios shown on the
enclosed Premium Scenarios for each designated zip code/county.
Provide the requested information in the Excel spreadsheet, with the formatting explained in the
attached Excel format write-up.
AL REDMER, JR.
Commissioner
NANCY GRODIN
Deputy Commissioner
LARRY HOGAN
Governor
BOYD K. RUTHERFORD
Lt. Governor
200 St. Paul Place, Suite 2700, Baltimore, Maryland 21202
Direct Dial: 410-468-2321 Fax: 410-468-2306
Email: Jason.Decker@maryland.gov
410-468-2000 1-800-492-6116
TTY: 1-800-735-2258
www.insurance.maryland.gov
In order to expedite this process, email transmission is requested and preferable. No paper
documents will be accepted. If unable to email, please send the information on a CD to:
Mr. Linas Glemza
Property & Casualty Unit
Maryland Insurance Administration
200 St Paul Street, Suite 2700
Baltimore, MD 21202
If you have any questions, please contact Linas Glemza at (410) 468-2044, or by email at
linas.glemza@maryland.gov
Please provide this information no later than Wednesday June 17, 2015. In addition, please refer
to the next page for a listing of revisions to this premium comparison request.
Alfred W. Redmer, Jr.
Insurance Commissioner
By:
_
Jason Decker
Acting Associate Commissioner
Property & Casualty
Enclosures: PPA Premium Scenarios
HO Premium Scenarios
PPA and HO Excel Format
File specifications
Signature on original
SUMMARY OF REVISIONS – August 2015 edition
Major Updates for February 2015
No updates
Major Updates for August 2014
No updates
The following are not new, but are being re-emphasized with this edition:
1)
For all rate guides, all information must be submitted in one file. There should be ONLY
one file. Clarifying language is made on Page 6, Item 4. Thus the premiums for each guide
should be on their own spreadsheet tab (page), and the contact information must be on another
spreadsheet tab (or page), within the same excel file.
2)
Links and Macros – Please remove all links and macros prior to
submission.
3)
If your company has had no rate or rating rule changes since the last rate guide that
would impact your premiums, please do the following:
a) Verify the contact information from your prior submission;
b) Put your information into the latest format supplied – do not use prior templates.
c) Verify the bycovbycomp tab
d) Make sure company spelling name is same as in the compname tab
August 2015
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
Rate Guide 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 Rate Guide 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 20904
(X)
Annual Premium for zip code 20744
(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
August 2015
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
Rate Guide 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 Rate Guide
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 20904
(X)
Annual Premium for zip code 20744
(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
August 2015
DATA and FILE Requirements
Requirements:
1)
ALL ENTRIES MUST BE IN NUMERIC FORMAT, except for Columns D and E.
Column C should be formatted in date format.
2)
For columns where rates are not available, please fill in “n/a”. These columns start with
Column (H) through as far as (AH) depending on the number of scenarios requested.
3)
For the Premiums, use numeric format (zero decimal places). Round off to whole
numbers.
4)
All information MUST be in one file - REQUIRED. Refer to the layout file.
5)
Filing naming convention:
a) File name should contain a short company name and the suffix 0814.
b) There are no other specific requirements for naming convention.
6)
Spreadsheet detail requirements:
a) Do not use 1000 separator (i.e. no comma);
b) Premiums must be rounded to ZERO decimal places;
c) Do not use currency format;
d) 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 – otherwise submission will be returned;
g) Do not activate “Wrap Text”;
h) Do not use borders or colored/highlighted cells;
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.
August 2015
8)
For the following information, create a new spreadsheet tab or page (not a file),
and provide the following information (we encourage to name this tab Contact):
Column A - Type of Guide (pre-filled) – DO NOT DELETE
For each type of Guide under Section A (as contact info may vary).
Column B - Company Name (Required and must match the name on the
spreadsheet page where the premiums are listed. Do not precede company
name with the word The).
Column C - Contact Name (Required)
Column D - Contact Phone number (Required - Format must be xxx-xxx-xxxx)
Column E - A generic business email address designed to receive data
requests. DO NOT SUBMIT THIS In HTML format. Text only. (Required)
Column F - Email address of contact name. DO NOT SUBMIT THIS
In HTML format. Text only. (Required)
The following three items are required:
Column B - Company Name (Required and must match the name on the
spreadsheet page where the premiums are listed. Do not precede company
name with the word The).
Column C - An 800/888/866 (toll free) that your company uses for
customer/consumer inquiries (Format must be xxx-xxx-xxxx). For column
C, if your company does not have a phone number for this purpose, please use
the phrase “See Yellow Pages”.
Column D - website address for customer/consumer inquiries. DO NOT
SUBMIT in HTML format. Text only. (Format – do not use http://. Precede
website name with www)
August 2015
August 2015
Maryland Insurance Administration
1-800-492-6116
www.insurance.maryland.gov
Homeowners Policy Scenario 1
Rates provided by insurers in this scenario assume the following: frame construction, replacement cost including contents, $500 deductible,
water & sewer endorsement, $100,000 liability coverage. Note: Ages of homes in scenario vary. ZIP codes are for sampling purposes only.
County/City
Town/City
Zip Code
Home Value
Construction
Protection
Class*
Deductible
Age of Home
(in years)
Water/Sewer
Backup Limit
Auto/Home
Discount
Liability
Allegany
Cumberland
21502
$100,000
Frame
5
$500
45
$10,000
No
$100,000
Anne Arundel
Legion Ave
21401
$320,000
Frame
5
$500
35
$10,000
No
$100,000
Baltimore
Owings Mills
21117
$220,000
Frame
5
$500
55
$10,000
No
$100,000
Baltimore City
Waverly
21218
$110,000
Frame
1
$500
75
$10,000
No
$100,000
Calvert
Prince Frederick
20678
$350,000
Frame
5
$500
35
$10,000
No
$100,000
Caroline
Denton
21629
$180,000
Frame
5
$500
35
$10,000
No
$100,000
Carroll
Carrollton
21157
$300,000
Frame
5
$500
45
$10,000
No
$100,000
Cecil
Elkton
21921
$210,000
Frame
5
$500
35
$10,000
No
$100,000
Charles
Waldorf
20603
$310,000
Frame
5
$500
35
$10,000
No
$100,000
Dorchester
Cambridge
21613
$160,000
Frame
5
$500
75
$10,000
No
$100,000
Frederick
Frederick
21701
$300,000
Frame
5
$500
35
$10,000
No
$100,000
Garrett
Oakland
21550
$120,000
Frame
5
$500
35
$10,000
No
$100,000
Harford
Bel Air
21014
$250,000
Frame
5
$500
35
$10,000
No
$100,000
Howard
Columbia
21044
$410,000
Frame
5
$500
35
$10,000
No
$100,000
Kent
Chestertown
21620
$240,000
Frame
5
$500
35
$10,000
No
$100,000
Montgomery
Colesville
20904
$440,000
Frame
5
$500
45
$10,000
No
$100,000
Prince George's
Fort Washington
20744
$280,000
Frame
5
$500
45
$10,000
No
$100,000
Queen Anne's
Centreville
21617
$330,000
Frame
5
$500
45
$10,000
No
$100,000
Somerset
Princess Anne
21853
$110,000
Frame
5
$500
75
$10,000
No
$100,000
St. Mary's
Leonardtown
20650
$280,000
Frame
5
$500
35
$10,000
No
$100,000
Talbot
Easton
21601
$310,000
Frame
5
$500
75
$10,000
No
$100,000
Washington
Hagerstown
21740
$190,000
Frame
5
$500
75
$10,000
No
$100,000
Wicomico
Salisbury
21804
$150,000
Frame
5
$500
35
$10,000
No
$100,000
Worcester
Berlin
21811
$240,000
Frame
5
$500
45
$10,000
No
$100,000
* Protection Class is the distance from the fire hydrant and the quality of your local fire department.
August 2015
Maryland Insurance Administration
1-800-492-6116
www.insurance.maryland.gov
Homeowners Policy Scenario 2
Rates provided by insurers in this scenario assume the following: frame construction, replacement cost including contents, $500 deductible,
water & sewer endorsement, $100,000 liability coverage. Note: Ages of homes in scenario vary. ZIP codes are for sampling purposes only.
County/City
Town/City
Zip Code
Home Value
Construction
Protection
Class*
Deductible
Age of Home
(in years)
Water/Sewer
Backup Limit
Auto/Home
Discount
Liability
Allegany
Cumberland
21502
$120,000
Frame
5
$500
35
$15,000
Yes
$100,000
Anne Arundel
Legion Ave
21401
$370,000
Frame
5
$500
25
$15,000
Yes
$100,000
Baltimore
Owings Mills
21117
$270,000
Frame
5
$500
45
$15,000
Yes
$100,000
Baltimore City
Waverly
21218
$160,000
Frame
1
$500
65
$15,000
Yes
$100,000
Calvert
Prince Frederick
20678
$390,000
Frame
5
$500
25
$15,000
Yes
$100,000
Caroline
Denton
21629
$230,000
Frame
5
$500
25
$15,000
Yes
$100,000
Carroll
Carrollton
21157
$350,000
Frame
5
$500
35
$15,000
Yes
$100,000
Cecil
Elkton
21921
$260,000
Frame
5
$500
25
$15,000
Yes
$100,000
Charles
Waldorf
20603
$360,000
Frame
5
$500
25
$15,000
Yes
$100,000
Dorchester
Cambridge
21613
$210,000
Frame
5
$500
65
$15,000
Yes
$100,000
Frederick
Frederick
21701
$350,000
Frame
5
$500
25
$15,000
Yes
$100,000
Garrett
Oakland
21550
$170,000
Frame
5
$500
25
$15,000
Yes
$100,000
Harford
Bel Air
21014
$300,000
Frame
5
$500
25
$15,000
Yes
$100,000
Howard
Columbia
21044
$460,000
Frame
5
$500
25
$15,000
Yes
$100,000
Kent
Chestertown
21620
$280,000
Frame
5
$500
25
$15,000
Yes
$100,000
Montgomery
Colesville
20904
$480,000
Frame
5
$500
35
$15,000
Yes
$100,000
Prince George's
Fort Washington
20744
$330,000
Frame
5
$500
35
$15,000
Yes
$100,000
Queen Anne's
Centreville
21617
$380,000
Frame
5
$500
35
$15,000
Yes
$100,000
Somerset
Princess Anne
21853
$160,000
Frame
5
$500
65
$15,000
Yes
$100,000
St. Mary's
Leonardtown
20650
$330,000
Frame
5
$500
25
$15,000
Yes
$100,000
Talbot
Easton
21601
$350,000
Frame
5
$500
65
$15,000
Yes
$100,000
Washington
Hagerstown
21740
$240,000
Frame
5
$500
65
$15,000
Yes
$100,000
Wicomico
Salisbury
21804
$200,000
Frame
5
$500
25
$15,000
Yes
$100,000
Worcester
Berlin
21811
$290,000
Frame
5
$500
35
$15,000
Yes
$100,000
* Protection Class is the distance from the fire hydrant and the quality of your local fire department.
August 2015
Maryland Insurance Administration
1-800-492-6116
www.insurance.maryland.gov
Homeowners Policy Scenario 3
Rates provided by insurers in this scenario assume the following: masonry construction, replacement cost including contents, $1000 deductible,
water & sewer endorsement, $300,000 liability coverage. Note: Ages of homes in scenario vary. ZIP codes are for sampling purposes only.
County/City
Town/City
Zip Code
Home Value
Construction
Protection
Class*
Deductible
Age of Home
(in years)
Water/Sewer
Backup Limit
Auto/Home
Discount
Liability
Allegany
Cumberland
21502
$170,000
Masonry
5
$1,000
25
$75,000
Yes
$300,000
Anne Arundel
Legion Ave
21401
$420,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Baltimore
Owings Mills
21117
$320,000
Masonry
5
$1,000
35
$75,000
Yes
$300,000
Baltimore City
Waverly
21218
$210,000
Masonry
1
$1,000
55
$75,000
Yes
$300,000
Calvert
Prince Frederick
20678
$440,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Caroline
Denton
21629
$280,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Carroll
Carrollton
21157
$400,000
Masonry
5
$1,000
25
$75,000
Yes
$300,000
Cecil
Elkton
21921
$310,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Charles
Waldorf
20603
$410,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Dorchester
Cambridge
21613
$260,000
Masonry
5
$1,000
55
$75,000
Yes
$300,000
Frederick
Frederick
21701
$400,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Garrett
Oakland
21550
$220,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Harford
Bel Air
21014
$350,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Howard
Columbia
21044
$510,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Kent
Chestertown
21620
$330,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Montgomery
Colesville
20904
$530,000
Masonry
5
$1,000
25
$75,000
Yes
$300,000
Prince George's
Fort Washington
20744
$380,000
Masonry
5
$1,000
25
$75,000
Yes
$300,000
Queen Anne's
Centreville
21617
$430,000
Masonry
5
$1,000
25
$75,000
Yes
$300,000
Somerset
Princess Anne
21853
$210,000
Masonry
5
$1,000
55
$75,000
Yes
$300,000
St. Mary's
Leonardtown
20650
$380,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Talbot
Easton
21601
$400,000
Masonry
5
$1,000
55
$75,000
Yes
$300,000
Washington
Hagerstown
21740
$290,000
Masonry
5
$1,000
55
$75,000
Yes
$300,000
Wicomico
Salisbury
21804
$250,000
Masonry
5
$1,000
15
$75,000
Yes
$300,000
Worcester
Berlin
21811
$340,000
Masonry
5
$1,000
25
$75,000
Yes
$300,000
* Protection Class is the distance from the fire hydrant and the quality of your local fire department.
August 2015
Maryland Insurance Administration
1-800-492-6116
www.insurance.maryland.gov
Homeowners Policy Scenario 4
Rates provided by insurers in this scenario assume the following: frame construction, replacement cost including contents, $1000 deductible,
water & sewer endorsement, $300,000 liability coverage. Note: Ages of homes in scenario vary. ZIP codes are for sampling purposes only.
County/City
Town/City
Zip Code
Home Value
Construction
Protection
Class*
Deductible
Age of Home
(in years)
Water/Sewer
Backup Limit
Auto/Home
Discount
Liability
Allegany
Cumberland
21502
$220,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Anne Arundel
Legion Ave
21401
$470,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Baltimore
Owings Mills
21117
$370,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Baltimore City
Waverly
21218
$260,000
Frame
1
$1,000
15
$20,000
Yes
$300,000
Calvert
Prince Frederick
20678
$490,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Caroline
Denton
21629
$330,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Carroll
Carrollton
21157
$450,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Cecil
Elkton
21921
$360,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Charles
Waldorf
20603
$460,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Dorchester
Cambridge
21613
$310,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Frederick
Frederick
21701
$450,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Garrett
Oakland
21550
$270,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Harford
Bel Air
21014
$400,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Howard
Columbia
21044
$560,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Kent
Chestertown
21620
$380,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Montgomery
Colesville
20904
$580,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Prince George's
Fort Washington
20744
$430,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Queen Anne's
Centreville
21617
$480,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Somerset
Princess Anne
21853
$260,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
St. Mary's
Leonardtown
20650
$430,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Talbot
Easton
21601
$450,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Washington
Hagerstown
21740
$340,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
Wicomico
Salisbury
21804
$300,000
Frame
5
$1,000
10
$20,000
Yes
$300,000
Worcester
Berlin
21811
$390,000
Frame
5
$1,000
15
$20,000
Yes
$300,000
* Protection Class is the distance from the fire hydrant and the quality of your local fire department.
August 2015
Maryland Insurance Administration
1-800-492-6116
www.insurance.maryland.gov
Condominium Policy Scenario 5
Rates provided by insurers in this scenario assume the following: frame construction, replacement cost including contents, $500 deductible,
water & sewer endorsement. Note: ZIP codes are for sampling purposes only.
County/City
Town/City
Zip Code
Coverage C
Amount
Construction
Protection
Class*
Deductible
Age of Home
(in years)
Water/Sewer
Backup Limit
Auto/Home
Discount
Liability
Allegany
Cumberland
21502
$100,000
Frame
5
$500
15
$20,000
Yes
$100,000
Anne Arundel
Legion Ave
21401
$100,000
Frame
5
$500
15
$20,000
Yes
$100,000
Baltimore
Owings Mills
21117
$100,000
Frame
5
$500
15
$20,000
Yes
$100,000
Baltimore City
Waverly
21218
$100,000
Frame
1
$500
15
$20,000
Yes
$300,000
Calvert
Prince Frederick
20678
$75,000
Frame
5
$500
15
$20,000
Yes
$100,000
Caroline
Denton
21629
$100,000
Frame
5
$500
15
$20,000
Yes
$100,000
Carroll
Carrollton
21157
$75,000
Frame
5
$500
15
$20,000
Yes
$100,000
Cecil
Elkton
21921
$75,000
Frame
5
$500
15
$20,000
Yes
$100,000
Charles
Waldorf
20603
$100,000
Frame
5
$500
15
$20,000
Yes
$300,000
Dorchester
Cambridge
21613
$75,000
Frame
5
$500
15
$20,000
Yes
$300,000
Frederick
Frederick
21701
$100,000
Frame
5
$500
15
$20,000
Yes
$300,000
Garrett
Oakland
21550
$75,000
Frame
5
$500
15
$20,000
Yes
$300,000
Harford
Bel Air
21014
$75,000
Frame
5
$500
15
$20,000
Yes
$300,000
Howard
Columbia
21044
$75,000
Frame
5
$500
15
$20,000
Yes
$300,000
Kent
Chestertown
21620
$75,000
Frame
5
$500
15
$20,000
Yes
$300,000
Montgomery
Colesville
20904
$125,000
Frame
5
$500
15
$20,000
Yes
$300,000
Prince George's
Fort Washington
20744
$100,000
Frame
5
$500
15
$20,000
Yes
$300,000
Queen Anne's
Centreville
21617
$50,000
Frame
5
$500
15
$20,000
Yes
$100,000
Somerset
Princess Anne
21853
$75,000
Frame
5
$500
15
$20,000
Yes
$100,000
St. Mary's
Leonardtown
20650
$75,000
Frame
5
$500
15
$20,000
Yes
$100,000
Talbot
Easton
21601
$50,000
Frame
5
$500
15
$20,000
Yes
$100,000
Washington
Hagerstown
21740
$75,000
Frame
5
$500
15
$20,000
Yes
$100,000
Wicomico
Salisbury
21804
$75,000
Frame
5
$500
15
$20,000
Yes
$100,000
Worcester
Berlin
21811
$75,000
Frame
5
$500
15
$20,000
Yes
$100,000
* Protection Class is the distance from the fire hydrant and the quality of your local fire department.
August 2015
Maryland Insurance Administration
1-800-492-6116
www.insurance.maryland.gov
Renters Policy Scenario 6
Rates provided by insurers in this scenario assume the following: frame construction, replacement cost including contents, $500 deductible.
Note: ZIP codes are for sampling purposes only.
County/City
Town/City
Zip Code
Coverage C
Amount
Construction
Protection
Class*
Deductible
Age of Home
(in years)
Water/Sewer
Backup Limit
Auto/Home
Discount
Liability
Allegany
Cumberland
21502
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Anne Arundel
Legion Ave
21401
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Baltimore
Owings Mills
21117
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Baltimore City
Waverly
21218
$50,000
Frame
1
$500
n/a
n/a
No
$100,000
Calvert
Prince Frederick
20678
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Caroline
Denton
21629
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Carroll
Carrollton
21157
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Cecil
Elkton
21921
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Charles
Waldorf
20603
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Dorchester
Cambridge
21613
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Frederick
Frederick
21701
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Garrett
Oakland
21550
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Harford
Bel Air
21014
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Howard
Columbia
21044
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Kent
Chestertown
21620
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Montgomery
Colesville
20904
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Prince George's
Fort Washington
20744
$75,000
Frame
5
$500
n/a
n/a
No
$300,000
Queen Anne's
Centreville
21617
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Somerset
Princess Anne
21853
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
St. Mary's
Leonardtown
20650
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Talbot
Easton
21601
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Washington
Hagerstown
21740
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Wicomico
Salisbury
21804
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
Worcester
Berlin
21811
$50,000
Frame
5
$500
n/a
n/a
No
$100,000
* Protection Class is the distance from the fire hydrant and the quality of your local fire department.
PPA Rate Guide Scenarios August 2015
Provide premiums, with an effective date of August 1, 2015 or after, based on the below listed scenarios and
instructions for each designated zip code (county, city/town) by Wednesday June 17, 2015. Provide the requested
information in the format listed below.
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
Anne Arundel
Cumberland
Annapolis
21502
21401
Not Applicable
Baltimore City
21218
Baltimore
Owings Mills
21117
Calvert
Caroline
Carroll
Cecil
Charles
Dorchester
Prince Frederick
Denton
Westminster
Elkton
Waldorf
Cambridge
20678
21629
21157
21921
20603
21613
Frederick
Garrett
Frederick (City)
Oakland
21701
21550
Harford
Howard
Kent
Belair
Columbia
Chestertown
21014
21044
21620
Montgomery
Colesville
20904
Prince George's
Queen Anne’s
Somerset
Fort Washington
Centreville
Princess Anne
20744
21617
21853
St. Mary's
Talbot
Washington
Leonardtown
Easton
Hagerstown
20650
21601
21740
Wicomico
Worcester
Salisbury
Berlin
21804
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. Reference date point for surcharges and other date related items is August 1, 2015.
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 10 digit VIN’s. If you do not use ISO
VIN’s, use comparable VIN’s 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 2009 Honda CR-V EX UTL4x4 VIN 5J6RE48509
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.
No accidents or violations in past 3 years.
Liability $30,000/$60,000/$15,000
Full PIP $2,500
UM $30,000/$60,000/$15,000
COMP $250 deductible
COLL $500 deductible
August 2015
1
Scenario 2:
Young Single
Female
Age 23. Rents an apartment. Do not apply companion policy discount.
Drives a 2009 Jeep Liberty Limited UTL 4x2 4DR VIN 1J8GP58K09
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 19 months ago – 10 miles over the speed limit.
Liability $30,000/$60,000/$15,000
Full PIP $2,500
UM $30,000/$60,000/$15,000
COMP $250 deductible
COLL $500 deductible
Scenario 3:
Single Male
Age 30 Homeowner. Apply a companion homeowners policy discount.
Drives a 2006 Subaru Forester 2.5x Premium AWD VIN JF1SG65606
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
Full 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 2007 Toyota Prius HCHBK VIN JTDKB20U07
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
Full 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 2005 Ford F-250 XLT 4x4 4DR Crew Cab Gas 172WB VIN 1FTNW21505
Drives 60 miles each day total for work – business use. Drives 25,000 miles annually.
Second vehicle – 1990 Camaro RS Convertible VIN 1G1FP33E0L
Pleasure use only – drives 3,000 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
Full PIP $2,500
UM $100,000/$300,000/$50,000
COMP $250 deductible
COLL $500 deductible
August 2015
2
Scenario 6:
Senior Citizen
Single Male
Age 65. Homeowner. Apply a companion homeowners policy discount.
Drives a 2012 Ford Escape XLS UTL 4x2 4DR VIN 1FMCU0C70C
Drives 5,000 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
Full 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 2004 Honda Accord Coupe LX 2.4L/4 VIN 1HGCM71304
If credit is used to determine premium, then calculate as if the driver has the best credit history.
Retired – Pleasure use only – drives 5,000 miles annually.
No accidents or violations in past 3 years.
Liability $100,000/$300,000/$50,000
Full PIP $2,500
UM $100,000/$300,000/$50,000
COMP $250 deductible
COLL $500 deductible
Scenario 8:
Single Female
Age 50. Does not own a home
Drives a 2010 Ford Explorer XLT UTL 4x4 4DR VIN 1FMEU7DE0A
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
Full PIP $2,500
UM $250,000/$500,000/$100,000
COMP $500 deductible
COLL $500 deductible
Scenario 9:
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 35. Homeowner.
Drives a 2010 Dodge Dakota CrewCab PKP 4x4 4DR VIN 1D7HW5GP0A
If credit is used to determine premium, then calculate as if the driver has the best credit history.
Drives 45 miles each day total for work. Drives 35,000 miles annually. Self-employed.
No accidents or violations in past 3 years.
Liability $250,000/$500,000/$100,000
Full PIP $2,500
UM $250,000/$500,000/$100,000
COMP $250 deductible
COLL $500 deductible
Married Female Age 32. Homeowner.
Drives a 2005 Nissan Altima 2.5 4DR Sedan 4Cyl Gas VIN 1N4AL11D05
If credit is used to determine premium, then calculate as if the driver has the best credit history.
Drives 10 miles each way to/from work. Drives 15,000 miles annually.
No accidents or violations in past 3 years.
Liability $250,000/$500,000/$100,000
Full PIP $2,500
UM $250,000/$500,000/$100,000
COMP $250 deductible
COLL $500 deductible
Two children under age 12
August 2015
3
Scenario 10:
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 26. Homeowner.
Drives a 2008 Toyota Tundra Double Cab 4x2 4DR VIN 5TFRV54108
If credit is used to determine premium, then calculate as if the driver has the best credit history.
Drives 10 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
Full PIP $2,500
UM $250,000/$500,000/$100,000
COMP $250 deductible
COLL $500 deductible
Married Female Age 24. Homeowner.
Drives a 2006 Toyota Sienna Wag 4x2 LE 5DR Sport Van VIN 5TDZA23C06
If credit is used to determine premium, then calculate as if the driver has the best credit history.
Does not work, but drives locally about 5,000 miles annually.
No accidents or violations in past 3 years.
Liability $250,000/$500,000/$100,000
Full PIP $2,500
UM $250,000/$500,000/$100,000
COMP $250 deductible
COLL $500 deductible
One child under age 2.
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 2011 Chevrolet Silverado 1500 PKP 4x2 2DR Regular Cab VIN 1GCNCSEA0B
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 $30,000/$60,000/$15,000
Full PIP $2,500
UM $30,000/$60,000/$15,000
COMP $250 deductible
COLL $500 deductible
Married Female Age 29. Rents a home.
Drives a 2007 Ford Taurus SE Sedan 4DR VIN 1FAFP53U07
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 $30,000/$60,000/$15,000
Full PIP $2,500
UM $30,000/$60,000/$15,000
COMP $250 deductible
COLL $500 deductible
Two children under age 12
August 2015
4
Scenario 12:
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 44. Homeowner.
Drives a 2011 Chevy Equinox AWD UTL 4x4 4DR VIN 2CNFLNEC0B
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 15 months ago – paid claim in excess of $10,000.
Liability $100,000/$300,000/$50,000
Full PIP $2,500
UM $100,000/$300,000/$50,000
COMP $250 deductible
COLL $500 deductible
Married Female Age 44. Homeowner.
Drives a 2008 Toyota Camry SE Sedan 4DR VIN 4T1BK46K08
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 5,000 miles annually.
No accidents or violations in past 3 years.
Liability $100,000/$300,000/$50,000
Full PIP $2,500
UM $100,000/$300,000/$50,000
COMP $250 deductible
COLL $500 deductible
Young Single Male
Age 17
Does not have his own vehicle—he is an occasional driver of the 2008 Toyota.
Has 1 year of driving experience.
Took a driver training course.
Has a B average in school.
Speeding ticket 6 months ago – 10 miles over the speed limit.
August 2015
5