RI Insurance Bulletin 2022-3

Auto Body Labor Rate Survey Reports

Year: 2022Length: 736 wordsOfficial source
Page 1 of 4 Department of Business Regulation 1511 Pontiac Avenue, Bldg. 69-2 Cranston, RI 02920 Insurance Bulletin Number 2022-3 Auto Body Labor Rate Survey Reports 2022 Prevailing Labor Rates In accordance with Insurance Bulletin 2022-2, 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 2022 Auto Body Labor Rate Survey Reports to this Department. The 2022 prevailing labor rates as established by these insurers follow: Progressive Group 28.91% (Group Market Share) Class A Class B Prevailing Sheet Metal/Refinish Rate $50.00 $49.00 Prevailing Frame Rate $50.00 $49.00 Prevailing Mechanical Rate $62.00 $62.00 (Also noted Aluminum negotiated) Berkshire Hathaway Insurance Group 11.95% (Group Market Share) Class A Class B GEICO*: Prevailing Body/Paint Rate $49.00 $49.00 Prevailing Frame Rate $49.00 $49.00 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) $51.00 $51.00 Allstate Insurance Group 9.51% (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 National Gen Group (now Allstate) 0.60% (Group Market Share) Class A Class B Prevailing Labor Rate $50.00 $48.00 Page 2 of 4 Liberty Mutual Group 6.47% (Group Market Share) Class A Class B Prevailing Labor Rate $50.00 $48.00 Amica Mutual Group 6.10% (Group Market Share) Class A Class B Prevailing Labor Rate $48.00 $46.00 Aluminum Rate $50.00 United Services Automobile Assn. Group 4.84% (Group Market Share) Class A Class B Prevailing Rate $55.00 $52.00 (Also negotiations in excess of prevailing rate in some markets) Nationwide Corporation Group 4.08% (Group Market Share) Class A Class B Prevailing Labor Rate $56.00 $54.00 (Also noted negotiations with body shops may take place and Aluminum negotiated) Farmers Insurance Group 3.10% (Group Market Share) Class A Class B Prevailing Labor Rate $55.00 $52.00 Travelers Group 2.78% (Group Market Share) Class A Class B Prevailing Labor Rate $53.00 $50.00 Auto Club Enterprises Ins Grp 2.34% (Group Market Share) Class A Class B Prevailing Sheet Metal Rate $55.00 $52.00 Prevailing Frame Rate $58.00 $56.00 Prevailing Mechanical Rate $76.00 $74.00 Aluminum $79.00 $79.00 Mapfre Insurance Group 2.31% (Group Market Share) Class A Class B Prevailing Labor Rate $51.00 $50.00 (Also noted Aluminum negotiated) Page 3 of 4 Main Street America Group 1.81% (Group Market Share) Class A Class B Prevailing Labor Rate Negotiated Negotiated See Consent Agreement 2022-IN-008 State Farm Group 1.76% (Group Market Share) Class A Class B Prevailing Sheet Metal Rate $55.00 $54.00 Prevailing Frame Rate $54.00 $54.00 Prevailing Mechanical Rate $84.00 $84.00 (Also noted will continue to negotiate) Selective Insurance Group 1.64% (Group Market Share) Class A Class B Prevailing Sheet Metal/Refinish Rate $58.00 $58.00 Prevailing Frame Rate $64.00 $64.00 Prevailing Mechanical Rate $100.00 $100.00 Aluminum $125.00 $125.00 Rhode Island Automobile Ins Plan 1.51% (Co. Market Share) Class A Class B Prevailing Labor Rate $52.00 $50.00 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) In accordance with Insurance Bulletin 2022-2 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, 2022. If no report is filed, the insurer must negotiate the labor rate(s). The 2022 prevailing labor rates as established by these insurers follow: Page 4 of 4 Arbella Insurance Group Class A Class B Prevailing Labor Rate $50.00 $48.00 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 $52.00 $52.00 Prevailing Mechanical Rate $60.00 $60.00 (Also noted Aluminum negotiated) Privilege Underwriters Reciprocal Exchange (PURE) Class A Class B Prevailing Sheet Metal Rate $57.00 $57.00 Prevailing Frame Rate $57.00 $57.00 Prevailing Mechanical Rate $65.00 $65.00 Aluminum Refinish Rate $65.00 $65.00 Aluminum Frame/Structural Rate $115.00 $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 November 2, 2022
RI Insurance Bulletin 2022-3: Auto Body Labor Rate Survey Reports | Justis AI