Auto_Field_Underwriting_2-5-2012 by wanghonghx

VIEWS: 5 PAGES: 12

									                                       AAA          BRISTOL       DAIRYLAND        EMC
                                                     WEST
Prior Insurance                         No             No            NO            Yes




Age                                    18+            18+            18+           23+




Years Licensed                         Any            Any            ANY         5 years
                                                                                married 9
                                                                               years single

Domestic Partners on same policy       YES            Yes            YES       Yes, but no
                                                                                umbrella
                                                                                coverage




Major Violations                      Yes (no         Yes         21 pts max      * See
                                   suspended or                                underwriting
                                      revoked                                    page for
                                     licenses)                                   specific
                                                                                 program
SR 22’s                                NO           Yes ($25       YES (no         NO
                                                    charge)        charge)



Best Rates                           Premier      Higher Credit     * >21      High credit
                                     Score 52                                    score
                                      higher
                                     Liability
                                      Limits
                                     100/300
                                                                    * 50+      Age 40 to 50
                                                             * 45 Day
                                                           Reinstatemen
                                                                ts




                                                              * Non-
                                                             Standard




Worst Rates                  Multiple                        Full Cov      Low credit
                            Incidents                        clean DL        score
                                                            (standard




Advanced Quote Discount       None         7 days (built   7 days (5%)        None
                                          in no specific
                                                %)



Good Student               Yes, cum or         No              NO         Yes - "B" Avg
                           last qtr “B”                                     or higher
                          avg or higher
                              (10%)




Life Discount             YES (2 to 7%)        No              NO             NO

Prior Ins Disc.            Prior limits   Yes, built into 6 month prior Prior Ins Disc
                            do matter        policy         must fax in    built in
                                                          (limits do not
                                                              matter)
Quoting with Future Eff Date   60 Days Out   60 Days Out   30 Days Out   30 Days Out
                                  AUTO FIELD UNDERWRITING

 ENCOMPASS         GMAC         HARTFORD        INTEGRITY       KEMPER           MET

     Yes             No             YES        Passport -No YES (unless          YES
                                                Pinpoint -    co car)-
                                                   Yes      Package only

     21+            18+             18+        Passport - 18     21 - 65     1 Driver 21+
                                               Pinpoint - 19



   3 Years        3 Years      1 year, MN DL Passport - 2        5 years      1 Driver 3+
                                # w/12 mo of yrs Pinpoint -
                                  residency      3 yrs

     Yes                            Yes          Yes, must     YES as long       YES
                                               sign resident   as they own
                                                  ind.form        mutual
                                                                 property



None 5 years        Yes        Looked at for Passport - 2       None in 5       *See
                               5 yrs (1 major    majors          years       underwriting
                               if rest of acct Pinpoint - 1                     page
                                    clean)        major

     NO              Yes            NO             YES             NO             NO
                 (surcharge)



  *100/300+       Prior Ins     *250/500 BI    High Score,      Tier A-L     *PFM B thru
                                gives better    Multi-car,                       D
                                 rates than    multi-policy,
                                  50/100 or    higher prior
                                   100/300        limits

 Widow Disc       Affinity     $500K/$1 mill *Only count        *Package     *Households
   (gives        Programs          rates      violations,         Rates         without
marriage disc)                   available       claims                      young drivers
                                (must call   accidents in
                               underwriting)    last 35
                                              months for
                                               NS only
1, 3 & 5+ years                   Higher credit                             *Take Met’s
with agency or                    is better rate                            Def Drv Disc
 prior ins with                                                                (10%)
other ins (form
  needs to be
    signed)

                                       50+                                    Welcome
                                                                              Discount -
                                                                            10% first year
                                                                               and 5%
                                                                             second year

                                      AARP
                                  Membership
                                   info should
                                  flood on new
                                      quotes

 Stand Alone                           NS           Lower       Tiers L-Z      *Young
                                                   scored,                     drivers
                                                   multiple
Young Drivers                                                                 *PFM F-N


    7 days           None             None          None         None          8 days
advance issue
= 10% 1st year
& 5% 2nd year

                      No           “B” avg for   Yes, up to     Yes, B or    Yes, cum or
                                      prior     age 29, “B”      higher      last qtr “B”
                                  semester (end avg for prior               avg or higher
                                     at 24)      semester




      No              No               NO          YES (5%)       NO          YES (5%)

                  Yes, built in    Higher limits Higher Prior      No        100/300 or
                                    better disc., better the                 higher the
                                  transfer credit discount                   tier will be
                                    if prior ins.                               better
                                   with Agency
                                          Passport - 30
                                             day or >
                                            lapse still
                                          give prior ins
                                              disc.
30 Days Out   30 Days Out   60 Days Out   60 Days Out 45 Days Out   90 Days Out
  MIDWEST          PROGRESSIVE         SAFECO        SELECTIVE      STATE AUTO      TRAVELERS
   FAMILY
     Yes                NO               NO             Yes             NO             YES




Depends on              ANY              Any          No stand       Call if >75       ANY
program see                                          alone <22
 Ref guide

                        ANY              Any            Any             ANY            ANY




  Yes if they           YES              Yes        Yes, vehicles       YES -           YES -
  are also on                                        must be co vehicles must vehicles must
the title of the                                        titled    be co titled or be co titled or
    vehicle                                                         separate        separate
                                                                     policies        policies

Depends on              ANY          Depends on      None in 5         1 per           1 per
program see                          overall risk                   household      household in
 Ref guide                                                           (none on       5 yrs (none
                                                                      minors)       on minors)

     Yes             YES % pf        Yes (charge         NO             Yes        YES (existing
                     premium            for it)                                    polices only)
                    surcharged

                       *ANY          Occupation        Multi-        Package       Families with
                                        and          car/multi-       Rates        young drivers
                                     Education        driver.
                                      Discount



                   *Liability only    Longevity     Families with Annual Policy 21 to 30 yrs
                                      discount        youthful    Pay in Full 5% old with good
                                                                   decreasing        credit
                                                                   2% per year
                                                                      till off
        *DUI Risks                     Summit end Credit level A-
                                         provides       D
                                        increased
                                        coverages
                                         ($30 per
                                          policy)

        * Only count                   Up to 15 car   Higher Prior
         violations,                    per policy     better the
          claims &                                     discount
        accidents in
      last 35 months

       * Paid in Full                                 Homeowener
       Disc (given if                                   s 5% dis
       65% of prem.                                     w/other
      Paid with app &                                    carrier
      bal. in 15 days

      Full Coverage                      Newly          Unknown        Unknown
      younger than                      Licensed
            21




No      8 days - 5%       8 days          None         3days - 8%        8 days
          stays on       advance                        stays on
                          issue



Yes        YES              Yes        B Avg to Age Yes - most         Yes - most
                                       25 if living in  current qtr    current qtr
                                        household. 3.0 or higher      3.0 or higher
                                                       (prove every   (prove every
                                                         6 months       6 months



NO         NO               NO             NO              NO             NO

No     Higher Prior     Higher prior        No        Higher Prior    Higher Prior
        better the         better                      better the      better the
        discount         discount                      discount        discount
                30 day or >
              lapse still give
               prior ins disc


30 Days Out    60 Days Out       30 Days Out   60 Days Out   90 Days Out   60 Days Out
WEST BEND

   YES




    21+




  5 Years




   YES




1 in 5 years




   YES




  Family
 accounts




Credit Score
   600+
Low Credit


 Multiple
Violations

    NO




B+ or 3.0+




    NO

Prior limits
  doesn't
  matter
30 Days Out

								
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