RATING INFORMATION NEW JERSEY

Transcription

1 PERSONAL AUTO PP RATING INFORMATION NEW JERSEY Your auto has been classified under a six digit numerical code (for example, 8110) as indicated on the policy Declarations Page. The information on the following pages explains the components of the classification code and can help you determine how we classified your auto. We established the classification based on statements made by or on behalf of the named insured. This classification is one of the components we use in developing your premiums for the following coverages: Bodily Injury and Property Damage Liability (or Single Limit Liability), Other Than Collision, and Collision. We will use code 8110 as an example in explaining how your auto is classified The 1st digit (the 8 in the example 8110) is always 8 and identifies the auto as a private passenger auto The 2nd and digits (the 11 in the example 8110) indicate the OPERATOR CLASSIFICATION. It is based on the age, gender, marital status and driver training status of the operators. OPERATOR CLASSIFICATION (Identifies the, Gender, Marital Status and Driver Training Status) 2nd and No Youthful Operator Only Operator In Household Is A Female 30 to 64 Principal Operator Principal Operator 75 or Over All Other Youthful Unmarried Female 17, or less, Without Driver Training 17, or less, With Driver Training 21, With or Without Driver Training 2nd and Youthful Married Male 17, or less, Without Driver Training 17, or less, With Driver Training 21, With or Without Driver Training Youthful Unmarried Male, Not Owner Or Principal Operator 17, or less, Without Driver Training 17, or less, With Driver Training 21, With or Without Driver Training PP Insurance Services Office, Inc., 08 Page 1 of 5

2 2nd and Youthful Unmarried Male, Owner Or Principal Operator 17, or less, Without Driver Training 17, or less, With Driver Training 21, With or Without Driver Training The 4th digit (the 2 in the example 8110) indicates the USE CLASSIFICATION, which identifies the way the auto is used. 4th Digit USE CLASSIFICATION No Youthful Operator Pleasure Use Drive to Work less than 10 Miles Drive to Work 10 or More Miles Business Use Farm Use Youthful Operator Pleasure Use or Farm Use Drive to Work or Business Use Pleasure Use or Farm Use With Good Student Discount 5 Drive to Work or Business Use With Good Student Discount The 5th and 6th digits (the 00 in the example 8110) are for insurance company use only, and are not part of the classification plan we use. CLASSIFICATION DEFINITIONS 1. Business Use means that the use of the auto is required by or customarily involved in the duties of the applicant or any other person customarily operating the auto, in an occupation, profession or business, other than going to or from the principal place of occupation, profession or business. 2. Farm Use means the auto is principally garaged on a farm or ranch, and a. It is not customarily used in going to or from work other than farming or ranching, or in driving to or from school; and b. It is not customarily used in any occupation other than farming or ranching. 3. Pleasure Use means: or school: (1) Less than three road miles one way; or (2) Three or more, but less than 10, road miles one way for not more than two days per week or not more than two weeks in any five week period. 4. Drive To Work Less Than 10 Miles means: or school: (1) Three or more, but less than 10, road miles one way if such usage is more than two days per week or more than two weeks in any five week period; or (2) 10 or more road miles one way, for not more than two days per week or not more than two weeks in any five week period. 5. Drive To Work 10 Or More Miles means: or school 10 or more road miles one way more than two days per week or more than two weeks in any five week period. 6. Youthful Operator means an applicant or any other operator resident in the same household as the applicant, who customarily operates the auto, and is one of the following: a. Youthful Unmarried Female Operator unmarried female under 25 years of age; b. Youthful Married Male Operator married male under 25 years of age; Page 2 of 5 Insurance Services Office, Inc., 08 PP

3 c. Youthful Unmarried Male Operator unmarried male under 25 years of age who is not an owner or principal operator; d. Youthful Unmarried Male Owner Or Principal Operator unmarried male under 30 years of age who is an owner or principal operator. CLASSIFICATION NOTES 1. A person in active military service with the armed forces of the United States of America is not considered a resident in the applicant's household unless this person customarily operates the auto. 2. If a Youthful Unmarried Female Operator or a Youthful Unmarried Male Operator is a student residing at an educational institution over 100 road miles from the auto's place of principal garaging, the auto is rated as if the student is Married. 3. The applicable Driver Training Classification applies to each Youthful Operator under 21 years of age where "satisfactory evidence" is presented that such operator has successfully completed an approved driver education course. 4. The applicable Good Student Classification applies to each owner or operator who is at least 16 years of age and is a full-time high school, college or university student and has met the requirements for the Good Student Discount. Generally, this means students with a B average or better. TIER RATING PLAN The Tier Rating Plan is the plan by which your driving record is reflected in determining your auto insurance premiums. "Driving record" refers to factors including but not limited to chargeable accidents, traffic convictions, and years of driving experience of you and any occasional drivers of your autos in the previous three years. Each auto on your policy has been assigned to one of the rating tiers described below. In general, a lower number tier corresponds with lower premium charges; a higher number tier corresponds with higher premium charges. Refer to the policy Declarations Page to find the rating tiers that have been assigned to your autos. The rating tier affects your premiums for the following coverages: B.I. Liability and P.D. Liability (or Single Limit Liability Coverage), Personal Injury Protection, Comprehensive and Collision. RATING TIER DEFINITIONS All driving record criteria specified in these tier definitions apply to an operator's driving record for the three-year experience period immediately preceding the application for a policy or preparation of a renewal. Tier 1 The eligibility criteria for Tier 1 are: a. The driver has been licensed to drive for at least three years; and b. The driver has had no chargeable accidents and has not been convicted of a motor vehicle violation; and c. The driver has had no major convictions as defined in this form; and d. If one or more drivers are assigned to the vehicle years and meet the eligibility criteria for Tier 1. Tier 2 (Standard Tier) The eligibility criteria for Tier 2 are: a. The driver has been licensed to drive for at least three years; and b. The driver has had no chargeable accidents and has accumulated no more than six motor vehicle points; and c.the driver has had no major convictions as defined in this form; and d. If one or more drivers are assigned to the vehicle years and meet the eligibility criteria for Tier 1 or Tier 2. Tier 3-A The eligibility criteria for Tier 3-A is: The driver would otherwise qualify for Tier 2, but there is a driver in addition to the named insured and that driver is an inexperienced non-principal operator. An inexperienced operator is a driver who would otherwise qualify for Tier 2, but he or she has been licensed to drive less than three years. Tier 3-B The eligibility criteria for Tier 3-B is: The driver would otherwise qualify for Tier 2, but he or she is an inexperienced principal operator. An inexperienced operator is a driver who would otherwise qualify for Tier 2, but he or she has been licensed to drive less than three years. Tier 4 The eligibility criteria for Tier 4 are: a. The driver has been licensed at least three years and has had no more than one chargeable accident in the three-year period immediately preceding the effective date of the policy; and b. The driver has accumulated no more than six motor vehicle points; and c. The driver has had no more than one major conviction, as defined in this form; and PP Insurance Services Office, Inc., 08 Page 3 of 5

4 d. If one or more drivers are assigned to the vehicle years and meet the eligibility criteria for Tier 1 or Tier 2. Tier 5 The eligibility criteria for Tier 5 is: The driver does not otherwise qualify for Tiers 1-4. TIER RATING PLAN NOTES 1. If there are more autos covered on the policy than drivers covered on the policy, we will assign Standard Tier 2 to autos in excess of the number of drivers. However, if all drivers insured on the policy qualify for Tier 1, Tier 1 will apply to all autos. 2. The term "chargeable accident", as used in this form, shall mean any accident that occurred during the experience period, involving the applicant or any current resident operator, while operating an auto, which results in: a. Bodily injury or death; b. Total damage to all property including his or her own in excess of $1,000; or c. Total damage to all property including his or her own amounting to $1,000 or less, but only if there are two or more such accidents during the experience period, each of which resulted in damage to property, but has not been defined as an accident under b. above. EXCEPTIONS A chargeable accident shall not include the following: a. Accidents incurred by an operator demonstrated to be a named insured or a principal operator of an auto insured under a separate policy; and b. Accidents occurring under the following circumstances: (1) Auto lawfully parked (if the parked vehicle rolls from the parked position then any such accident is charged to the person who parked the auto); or (2) The applicant, owner or other resident operator reimbursed by, or on behalf of, a person who is responsible for the accident or has judgment against such person; or (3) Auto is struck in the rear by another vehicle and the applicant or other resident operator has not been convicted of a moving traffic violation in connection with this accident, or (4) Operator of the other auto involved in the accident was convicted of a moving traffic violation and the applicant or resident operator was not convicted of a moving traffic violation in connection with the accident; or (5) Auto operated by the applicant or any resident operator is struck by a "hit-and-run" vehicle, if the accident is reported to the proper authority within hours by the applicant or resident operator; or (6) Accidents involving damage by contact with animals or fowl; or (7) Accidents involving Physical Damage, limited to and caused by flying gravel, missiles, or falling objects; or (8) Accidents occurring when using auto in response to an emergency if the operator of the auto at the time of accident was a paid or volunteer member of any Police or Fire Department, First Aid Squad, or any law enforcement agency. This exception does not include an accident occurring after the auto ceases to be used in response to such emergency. 3. Certain minor speeding convictions and chargeable accidents are not used for the purpose of assigning your auto(s) to a higher rated tier. 4. The term "major conviction", as used in this form, means a conviction of one of the following offenses, which are NOT assigned motor vehicle points pursuant to N.J.A.C. 13:-10.1: a. Driving while intoxicated or under the influence of drugs; b. Refusal to submit to a chemical test; c. Vehicular homicide; or d. Operating a motor vehicle while driving privilege is suspended. 5. If you have any questions about how your policy was rated, contact your insurance agent or us. PREMIUM DISCOUNTS 1. A Multi-Car discount is afforded if more than one auto is owned by you or owned jointly by you and one or more relatives or resident individuals, and two or more autos are insured by us for any of the following coverages: Bodily Injury and Property Damage Liability (or Single Limit Liability), Other Than Collision, and Collision. 2. A discount on Other Than Collision Coverage premiums, ranging from 5% to %, is afforded for vehicles equipped with an eligible anti-theft device or vehicle recovery system. Page 4 of 5 Insurance Services Office, Inc., 08 PP

5 Consult your agent or us for additional information about the anti-theft device discount or vehicle recovery system discount on your policy. 3. A discount on PIP Coverage premiums is afforded for private passenger autos equipped with factory installed automatic occupant restraints, conforming to the federal crash protection requirements. Discounts are provided for restraint systems meeting the criteria of either Paragraph a. or b. below: a. % discount is afforded when the restraint is installed in the driver-side-only position. b. 30% discount is afforded when the restraints are installed in both front outboard seat positions. 4. A 5% discount is afforded on Bodily Injury and Property Damage Liability (or Single Limit Liability) coverage premiums for those private passenger autos equipped with factory installed four wheel Anti-Lock Braking Systems (ABS). 5. A 5% Defensive Driving Course Discount is afforded on Bodily Injury and Property Damage Liability (or Single Limit Liability), Personal Injury Protection, and Collision Coverage premiums if the operator(s) of the auto presents to us a completion certificate dated within the last 36 months certifying that he/she has successfully completed an approved defensive driving course. This endorsement must be attached to the Change Endorsement when issued after the policy is written. PP Insurance Services Office, Inc., 08 Page 5 of 5