Allstate Idenmnity Presentation 03 20 2012

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Allstate Idenmnity Presentation 03 20 2012 Powered By Docstoc
					Delaware Private Passenger
  Automobile Insurance


        Allstate Indemnity Company
                     March 20, 2012

  •Ed Clark, State Manager
  •Wasim Chowdhury, Assistant Actuary
Overview
   Allstate Indemnity Company

   Currently has 1238 policyholders, represents 3.4% of our policies in Delaware, 4.8% of the
    households we insure

   Insures higher risk drivers due to history of accidents and/or moving violations or drivers
    without prior insurance

   Rate change pending: requested a 15% average premium increase, agreed with INS
    Consultants to reduce to 8.5%
       Current Average 6 month premium: $830
       Average proposed increase: $70
       Last rate change: July 2008, decrease of 13.1%
       Last premium increase: December 2002

   If questions, contact your local Allstate Agency, 1(800) Allstate or Allstate.com


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Historical Data

                    Delaware Allstate Indemnity Company
                     Loss and Expenses Per $1 Premium

      1.40
                                              1.32

      1.30                                                1.26
                              1.23

      1.20


      1.10
             1.00
      1.00


      0.90
             2008             2009            2010        2011




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Discounts Available
   Allstate Easy Pay Discount (6%)
   Homeownership Discount (5%)
   Defensive Driver Discount (up to 15% on liability coverages)
   Resident Student Discount (up 35% on certain coverages)
   Good Student Discount (up to 20%)
   Senior Adult Discount (15% on PIP Coverage)
   Passive Restraint Discount (up to 30% on PIP Coverage)
   Performance Discount (varies by coverage, about 12%)
   Antilock Brake Discount (10% on a few coverages)
   The Good Hands People Discount (10%)
   Good Payer Discount (5%)
   Multiple Policy Discount (7%)
   Future Effective Date Discount (5%)



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Discounts Available
   Allstate ® Easy Pay Discount (6%) - Applies when the policy
    premium is paid through the Allstate® Easy Pay Plan

   Homeownership Discount (5%) - Applies when the named insured
    and/or spouse owns a home, townhome, condominium or
    mobilehome

   Defensive Driver Discount (up to 15% on liability coverages) -
    Applies when an operator receives a certificate certifying voluntary
    attendance and successful completion of an accident prevention
    course or motorcycle rider course approved by the Insurance
    Commissioner.




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