SECTION VII-COMMON COVERAGES AND RATING PROCEDURES 88. DRIVE OTHER CAR COVERAGE (Class Code 9020)
D. Use Auto Medical Payments Coverage Endorsement CA 99 03
99. FINANCIAL RESPONSIBILITY LAWS - CERTIFICATION
99. FINANCIAL RESPONSIBILITY LAWS - CERTIFICATION
A. Application
If the named insured or any person covered by the coverage form is required to certify that the policy complies with a financial responsibility law, make a surcharge for each filing required.
B. Surcharge Determination
1. Determine the premiums for bodily injury liability, property damage liability and any no-fault coverage as follows:
a. For garage risks, multiply the premium for a private passenger type auto by the following factor for the highest rated territory in which the named insured does business.
Factor
2.00 Table 99.B.1.a. Garage Risks Surcharge Factor
b. For all others, determine the premium for the highest rated auto owned by the insured.
2. Multiply that premium by one of the following factors as applicable to determine the surcharge.
a. For the first three years following a conviction for driving while intoxicated, hit and run, or homicide or assault with an auto, use the following factor:
Factor
.50
Table 99.B.2.a. First Three Years Following A Conviction For Driving While Intoxicated, Hit And Run, Homicide Or Assault Surcharge Factor
b. For the first three years following a conviction for speeding or reckless driving that causes injury to a person or damage to property, use the following factor:
Factor
.25
Table 99.B.2.b. First Three Year Following A Conviction For Speeding Or Reckless Driving Surcharge Factor
c. After the third year following a conviction described above, use the following factor:
Factor
.05
Table 99.B.2.c. After Third Year Following A Conviction Surcharge Factor
d. For any other reason, use the following factor:
Factor
.05 Table 99.B.2.d. Any Other Reason Surcharge Factor
3. Add this surcharge to the policy premium.
100. INCREASED LIABILITY LIMITS Paragraph B. is replaced by the following:
Increased Liability Limits
Combined Table 100.B. Increased Liability Limits
100. INCREASED LIABILITY LIMITS
A. The premiums in the state company rates/ISO loss costs are for basic limits of
$100,000 bodily injury and property damage liability unless otherwise indicated.
B. For limits not displayed, refer to the increased liability limit table in the state exceptions.
C. To convert single limit premiums to split bodily injury liability and property damage liability premiums under the rules of the Retrospective Rating Plan, refer to company.
101. PHYSICAL DAMAGE COVERAGE RATING PROCEDURES Paragraph A.4. is replaced by the following:
A. Actual Cash Value Premiums 4. Premium Computation a. Base Premium Development
The physical damage loss costs displayed in the state company rates/ISO loss costs do not include the application of the following factors necessary to reflect the applicable original cost new and age group. Thus, in order to develop the base premium:
Multiply the rate for the desired physical damage coverage in the state company rates/ISO loss costs by the appropriate Original Cost New factor, then
Multiply the result by the appropriate Age Group factor.
For trucks and trailers used in dumping operations, and all truck-tractors, multiply the collision premium by the following factor:
Factor
1.25
Table 101.A.4.a. Trucks And Trailers Used In Dumping Operations And All Truck-Tractors Physical Damage Coverage Factor
(1) Trucks, Tractors And Trailers And Public Autos (a) Original Cost New Factors
Price Range
Comprehensive And Specified
Causes Of Loss Collision
$ 0 - 4500 0.40 0.36
(i) Subtract 90000 from the original cost new.
(ii) Divide the result by 1000.
(iii) Multiply by the appropriate "Each Additional $1000 over $90000" factor.
(iv) Add the result to the appropriate 65001 - 90000 factor.
Table 101.A.4.a.(1)(a) Trucks, Tractors And Trailers And Public Autos Original Cost New Factors
Age Group
Table 101.A.4.a.(1)(b) Trucks, Tractors And Trailers And Public Autos Age Group Factors
(2) Private Passenger Types (a) Original Cost New Factors
Price Range Comprehensive Collision
$ 0 - 4500 0.30 0.50
Price Range Comprehensive Collision
(i) Subtract 90000 from the original cost new.
(ii) Divide the result by 1000.
(iii) Multiply by the appropriate "Each Additional $1000 over $90000" factor.
(iv) Add the result to the appropriate 65001 - 90000 factor.
Table 101.A.4.a.(2)(a) Private Passenger Types Original Cost New Factors
(b) Age Group Factors
Age Group
Comprehensive And Specified
Causes Of Loss Collision All Other (11th
Preceding Model Year or More)
0.75 0.55
Table 101.A.4.a.(2)(b) Private Passenger Types Age Group Factors
(3) Garages
Non-franchised dealers should apply the following factor to the physical damage premium:
Factor
1.10
Table 101.A.4.a.(3) Garages Physical Damage Coverage Factor
(4) Zone-Rated Risks (a) Original Cost New Factors
Price Range
Comprehensive And Specified
Causes Of Loss Collision
$ 0 - 4500 0.40 0.36
4501 - 6000 0.50 0.46
6001 - 8000 0.60 0.55
8001 - 10000 0.70 0.70
10001 - 15000 0.90 0.86 15001 - 20000 1.00 1.00 20001 - 25000 1.10 1.10 25001 - 40000 1.20 1.35 40001 - 65000 1.30 2.00 65001 - 90000 1.50 2.60
Price Range
Comprehensive And Specified
Causes Of Loss Collision Each Additional
(i) Subtract 90000 from the original cost new.
(ii) Divide the result by 1000.
(iii) Multiply by the appropriate "Each Additional $1000 over $90000" factor.
(iv) Add the result to the appropriate 65001 - 90000 factor.
Table 101.A.4.a.(4)(a) Zone-Rated Risks Original Cost New Factors
(b) Age Group Factors
Age Group
Table 101.A.4.a.(4)(b) Zone-Rated Risks Age Group Factors
b. Deductibles
For deductibles not shown in the state company rates/ISO loss costs, refer to Rule 98.
Paragraph B. is replaced by the following:
B. Stated Amount Basis
For those autos which may be written on a stated amount basis, use Stated Amount Insurance Endorsement CA 99 28. Determine the premium as follows:
1. Multiply the rate for the desired physical damage coverage in the state company rates/ISO loss costs by the appropriate factor in the following table:
Stated Amount
Comprehensive And Specified
Causes Of Loss Collision
Vehicle
Stated Amount
Comprehensive And Specified
Causes Of Loss Collision
Vehicle
Specified Causes Of Loss applies only to Trucks, Tractors And Trailers
# Includes All Publics
Table 101.B.1. Stated Amount Basis Factors
2. Divide the actual Stated Amount Value by 100.