RI Insurance Bulletin 2018-13

Auto Body Labor Rate Survey Reports

Year: 2018Length: 714 wordsOfficial source
Page 1 of 4 Department of Business Regulation 1511 Pontiac Avenue, Bldg. 69-2 Cranston, RI 02920 Insurance Bulletin Number 2018-13 Auto Body Labor Rate Survey Reports 2018 Prevailing Labor Rates In accordance with Insurance Bulletin 2018-7, 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 2018 Auto Body Labor Rate Survey Reports to this Department. The 2018 prevailing labor rates as established by these insurers follow: Progressive Group 22.04% (Group Market Share) Class A Class B Prevailing Sheet Metal/Refinish Rate $47.00 $47.00 Prevailing Frame Rate $47.00 $47.00 Prevailing Mechanical Rate $60.00 $60.00 (Also noted Aluminum negotiated) Allstate Insurance Group 10.46% (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 Berkshire Hathaway Insurance Group 10.37% (Group Market Share) Class A Class B GEICO*: Prevailing Body/Paint Rate $45.00 $45.00 Prevailing Frame Rate $45.00 $45.00 Prevailing Mechanical Rate $54.00 $54.00 *Also noted gives adjusters discretion to make reasonable adjustments. Class A Class B National Indemnity: Prevailing Labor Rate (non-aluminum) $48.00 $48.00 Page 2 of 4 Amica Mutual Group 9.15% (Group Market Share) Class A Class B Prevailing Labor Rate $48.00 $46.00 Aluminum Rate $50.00 Liberty Mutual Group 6.59% (Group Market Share) Class A Class B Prevailing Labor Rate $48.00 $46.00 (Also noted exceptions involving commercial vehicles or aluminum constructed vehicles) Nationwide Corporation Group 5.86% (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) United Services Automobile Assn. Group 5.58% (Group Market Share) Class A Class B Prevailing Rate $52.00 $50.00 (Also noted concession for Aluminum repairs) Metropolitan Group 5.08% (Group Market Share) Class A Class B Prevailing Labor Rate $50.00 $48.00 Mapfre Insurance Group 3.97% (Group Market Share) Class A Class B Prevailing Labor Rate $48.00 $47.00 Travelers Group 3.38% (Group Market Share) Class A Class B Prevailing Labor Rate $53.00 $50.00 (Also noted Aluminum negotiated) Main Street America Group 2.49% (Group Market Share) Class A Class B Prevailing Labor Rate $46.00 $46.00 (Also noted Aluminum negotiated) Page 3 of 4 Selective Insurance Group 1.96% (Group Market Share) Class A Class B Prevailing Sheet Metal/Refinish Rate $52.00 $52.00 Prevailing Frame Rate $60.00 $60.00 Prevailing Mechanical Rate $90.00 $90.00 Aluminum $100.00 $100.00 Ohio Mutual Group 1.37% (Group Market Share) Class A Class B Prevailing Sheet Metal Rate $51.00 $51.00 Prevailing Frame Rate $55.00 $55.00 Prevailing Mechanical Rate $69.00 $69.00 Aluminum Rate $103.00 $101.00 (Also noted will continue to negotiate) Providence Mutual Fire Ins Co 1.10% (Co Market Share) Class A Class B Prevailing Labor Rate $48.00 $48.00 Prevailing Mechanical Rate $65.00 $65.00 Aluminum Rate $85.00 $85.00 AmTrust GMACI Maiden Group 1.04% (Group Market Share) Class A Class B Prevailing Labor Rate $50.00 $48.00 In accordance with Insurance Bulletin 2018-7, 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 October 1, 2018. If no report is filed, the insurer must negotiate the labor rate(s). The 2018 prevailing labor rates as established by these insurers follow: Arbella Insurance Group Class A Class B Prevailing Labor Rate $48.00 $48.00 EMC Insurance Companies Class A Class B Prevailing Sheet Metal Rate $48.00 $48.00 Prevailing Frame Rate $48.00 $48.00 Prevailing Mechanical Rate $48.00 $48.00 Aluminum Rate $85.00 $85.00 Page 4 of 4 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 Rate $95.00 $95.00 State Farm Insurance Companies/HiRoad Assurance Company Class A Class B Prevailing Sheet Metal Rate $48.00 $48.00 Prevailing Frame Rate $51.00 $51.00 Prevailing Mechanical Rate $90.00 $90.00 (Also noted will continue to negotiate) Questions regarding this Bulletin may be directed to dbr.specialreports@dbr.ri.gov. Elizabeth Kelleher Dwyer Superintendent of Insurance October 5, 2018
RI Insurance Bulletin 2018-13: Auto Body Labor Rate Survey Reports | Justis AI