RI Insurance Bulletin 2021-7

Auto Body Labor Rate Survey Reports

Year: 2021Length: 735 wordsOfficial source
Page 1 of 4 Department of Business Regulation 1511 Pontiac Avenue, Bldg. 69-2 Cranston, RI 02920 Insurance Bulletin Number 2021-7 Auto Body Labor Rate Survey Reports 2021 Prevailing Labor Rates In accordance with Insurance Bulletin 2021-5, insurers and insurance groups that were determined to meet the criteria established in 230-RICR-20-05-10, i.e., greater than 1% market share, have submitted the 2021 Auto Body Labor Rate Survey Reports to this Department. The 2021 prevailing labor rates as established by these insurers follow: Progressive Group 26.98% (Group Market Share) Class A Class B Prevailing Sheet Metal/Refinish Rate $50.00 $47.00 Prevailing Frame Rate $50.00 $47.00 Prevailing Mechanical Rate $62.00 $60.00 (Also noted Aluminum negotiated) Berkshire Hathaway Insurance Group 10.86% (Group Market Share) Class A Class B GEICO*: Prevailing Body/Paint Rate $47.00 $47.00 Prevailing Frame Rate $47.00 $47.00 Prevailing Mechanical Rate $56.00 $56.00 *Also noted gives adjusters discretion to make reasonable adjustments. Class A Class B National Indemnity: Prevailing Labor Rate (non-aluminum) $50.00 $50.00 Allstate Insurance Group 8.78% (Group Market Share) Class A Class B Prevailing Sheet Metal/Refinish Rate $50.00 $48.00 Prevailing Frame Rate $50.00 $49.00 Prevailing Mechanical Rate $59.00 $59.00 Aluminum Rate $80.00 $80.00 Amica Mutual Group 8.70% (Group Market Share) Prevailing Labor Rate $48.00 $46.00 Aluminum Rate $50.00 Page 2 of 4 Liberty Mutual Group 5.13% (Group Market Share) Class A Class B Prevailing Labor Rate $50.00 $48.00 United Services Automobile Assn. Group 5.09% (Group Market Share) Class A Class B Prevailing Rate $52.00 $50.00 (Also negotiations in excess of prevailing rate in some markets) Nationwide Corporation Group 4.33% (Group Market Share) Class A Class B Prevailing Labor Rate $50.00 $48.00 (Also noted negotiations with body shops may take place and Aluminum negotiated) Metropolitan Group (now part of Farmers) 3.42% (Group Market Share) Class A Class B Prevailing Labor Rate $52.00 $50.00 Travelers Group 3.04% (Group Market Share) Class A Class B Prevailing Labor Rate $53.00 $50.00 Mapfre Insurance Group 2.23% (Group Market Share) Class A Class B Prevailing Labor Rate $50.00 $49.00 (Also noted Aluminum negotiated) State Farm Group 2.20% (Group Market Share) Class A Class B Prevailing Sheet Metal Rate $51.00 $50.00 Prevailing Frame Rate $52.00 $52.00 Prevailing Mechanical Rate $75.00 $75.00 (Also noted will continue to negotiate) Main Street America Group 2.06% (Group Market Share) Class A Class B Prevailing Labor Rate $46.00 $46.00 (Also noted Aluminum negotiated) Page 3 of 4 Auto Club Enterprises Ins Grp 1.97% (Group Market Share) Class A Class B Prevailing Sheet Metal Rate $54.00 $52.00 Prevailing Frame Rate $57.00 $55.00 Prevailing Mechanical Rate $77.00 $77.00 Aluminum $79.00 $79.00 Rhode Island Automobile Ins Plan 1.90% (Co Market Share) Class A Class B Prevailing Labor Rate $52.00 $50.00 Selective Insurance Group 1.63% (Group Market Share) Class A Class B Prevailing Sheet Metal/Refinish Rate $56.00 $56.00 Prevailing Frame Rate $53.00 $62.00 Prevailing Mechanical Rate $94.00 $94.00 Aluminum $125.00 $125.00 Ohio Mutual Group 1.19% (Group Market Share) Class A Class B Prevailing Sheet Metal Rate $65.00 $52.00 Prevailing Frame Rate $65.00 $56.00 Prevailing Mechanical Rate $73.50 $73.50 Aluminum Rate $109.00 $109.00 (Also noted will continue to negotiate) National Gen Group (now Allstate) 0.66% (Group Market Share) Class A Class B Prevailing Labor Rate $50.00 $48.00 In accordance with Insurance Bulletin 2021-5 insurers and insurance groups writing motor vehicle liability insurance that are not listed above (determined by the Department to have less than 1% market share) may voluntarily conduct the survey and file a report electronically with the Department at dbr.specialreports@dbr.ri.gov by September 1, 2021. If no report is filed, the insurer must negotiate the labor rate(s). The 2021 prevailing labor rates as established by these insurers follow: Arbella Insurance Group Class A Class B Prevailing Labor Rate $50.00 $48.00 Page 4 of 4 EMC Insurance Companies Class A Class B Prevailing Sheet Metal Rate $48.00 $48.00 Prevailing Frame Rate $50.00 $50.00 Prevailing Mechanical Rate $60.00 $60.00 Aluminum Rate $85.00 $85.00 NLC Insurance Companies Class A Class B Prevailing Labor Rate $49.00 $49.00 Prevailing Mechanical Rate Negotiated Negotiated (Also noted Aluminum negotiated) Privilege Underwriters Reciprocal Exchange (PURE) Class A Class B Prevailing Sheet Metal Rate $55.00 $55.00 Prevailing Frame Rate $55.00 $55.00 Prevailing Mechanical Rate $65.00 $65.00 Aluminum Refinish Rate $65.00 $65.00 Aluminum Frame/Structural Rate $85.00 $85.00 Quincy Mutual Group Class A Class B Prevailing Labor Rate $48.00 $46.00 Aluminum Structural Repair Rate $95.00 $95.00 Questions regarding this Bulletin may be directed to dbr.specialreports@dbr.ri.gov. Elizabeth Kelleher Dwyer Superintendent of Insurance October 8, 2021
RI Insurance Bulletin 2021-7: Auto Body Labor Rate Survey Reports | Justis AI