TEXAS AUTOMOBILE INSURANCE PLAN ASSOCIATION

Transcription

1 T A IP A TEXAS AUTMBILE INSURANCE PLAN ASSCIATIN MARGARET ALSBRK 228 E. BEN W1DTE BLVD..SUITE 4.AUSTIN, TX PERAnNS MANAGER P.. BX AUSTIN, TX December 22, 1997 TELEPNE 512/ FAX 512/ To: Companies Receiving Private Passenger Assignments T AlP A Private Passenger Rates Attached please find a copy of the preliminary machine letter, for T AlP A private passenger rates, issued by the Texas Department of Insurance (TDI). Following review these rates may be subject to change. A bulletin will be mailed at a later date containing a copy of the board order and commercial rate information. If you have any questions, please contact the undersigned at the above telephone number or by internet datamda@taipa.org. Sincerely, 4C!or:::tAUr=L Margaret Aisobrook perations Manager MDA:dr Enclosure

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3 TEXAS PR:IVATB PABSENGBR AUTMB:rLK L:rAB:rL:rTY INSURANCE BDILY IN.roRY AND PRPB:R.'l'Y DAMAGE {Texas Automobile anual Paq8a ) BASE PRmaUMS.2,/.4, Bodily Injury.15, Property Damaqe *S5. Sinq1e t.imir. Voluntary A88ic;ned Risk Risk T8rr - B.I. P.D. CSL B.I. P.D $ $ S S l l S 198 ls S J T # ' 28S l18 l l l l S3 14 l S S ls S l S 59 l ,2,3,4,5,6,7, 2.? S6,57 CLASS DIFFERENTIALS T8rritorie. AJ.1ther 1A B C A-l A C C D J A '6 6A B C A 1.'1 1.'2 laf Ap' AF Cp' CP' DP AP' ;:-,..".,t;j.7 METD F CALCULA'rIN -CLASS PRnf:ItJMS For the desired territory, multiply the base premium by class differential and round to nearest dollar. EXAMPLBI 2/4 B.I., cla33 2A-1, territory 1, voluntary risk..185 x J.9 = '537!XAMPLK: 2/4 B.I., class 2A-1, territory 1, assiqned risk..475 x ,378 METD F CALCULATIN. rrbd CAR - (1) Determine c1ss 3 rate.8 above. (2) Multiply result in (1) by.2 and round to nea.reat 5 cents. EXAMPLE: ired Car, 2/4 B.r., territory 1, voluntary risk. (1).185 x 1.36 $252 (2).252 x.2. $ voluntary Ri5ks Bffective!/2/98 Assiqned Risks Ettective 3/1/98

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5 TEXAS PRIVATE PASSDGRR AtJ'mMB:rLE Ln:B:rL:r'l'Y INSURANCK IiINSURBD/UNDBR.:mSTJRBD M'1'RIS'r ('rexa8 AutDbi18 Kanual Paqe ) BASE PREM.ICMS TABLE A B C -CMBINED.PRPBRTY.BDILY INJURY DAMAGE LIMIT $ PREMIUM DIFFERENTIALS TABLE A -BDILY INJURY ALL TER TERRITRIES '6-5- Voluntary Risks Effective 1/2/98 Involuntary Risks Effective 3/1/98

6 55 '5 JS LIMIT TUSANDS IN g PRrvATE PASSRNGRR AU'l'CMQB:rLB LIABIL:r msurancb UNINSURED /mmbril(sured 'l'r.i 3'l' { CN'r -) {'l'exa8 Automobile Manual Paqe } PREMIUM DIFFERENTIALS TABLE B.PRPERTY DAMAGE All Territories (Per Motor Vehicle) D I F FEREN'I' I AL LIMIT IN TUSANDS DIFFERmrIAL L:IMIT TUSANDS 1, , 5, IN DIFFERENTIAL III1VLtJNTARY LDIIT IN TUSANDS ls DIFFERENTIAL 5.26 PREMrcM. DIFFERENTIALS TABLE C- -CMBINED LIMIT CMBINEDLIMIT IN TUSANDS C"..'I...-b...:':..:.:'";;55-;:...,,+j' : , 2, 5, , Territories 1,2,3,4,5, " 6, 7.12,21, l.i ALL TER 'rerri TRI E S Additive rate for the first motor vehicle or dealer's plate for an individual or husband and wife and for each desiqnated person (Tables A and C only) : $ Voluntary Risks Effective!/2/98 Involuntary Risks Effective