PL - IA 01/01/2013 Rates and Manuals - Western National Insurance ...

Western National Mutual InsuranceSemi-Annual Rates Personal Automobile Manual Iowa (14)Exception PagesRule 15.Increased LimitsA. Liability Increased Limits TablesThe following tables contain the factors to be appliedto the basic $20,000/40,000 Bodily Injury Liabilityrate, and the $15,000 Property Damage Liability ratein the State of Iowa.1. $20,000/40,000 Bodily Injury Liability IncreasedLimits TableLimitFactor$ 20/40 1.0025/50 1.0850/100 1.35100/200 1.65100/300 1.66250/500 2.09300/300 2.15500/500 2.202. $15,000 Property Damage Liability IncreasedLimits TableLimitFactor$ 15,000 1.0020,000 1.0325,000 1.0650,000 1.13100,000 1.18150,000 1.22200,000 1.25250,000 1.27500,000 1.32B. Medical Payments Increased LimitsThe following table contains the additional premiumto be added to the basic $1,000 Medical PaymentsCoverage limit rate:LimitPremium$ 2,000 35,000 810,000 1125,000 1650,000 19Rule 18.Insurance Score DiscountThe highest insurance score of a Named Insured,spouse, or parent of a single youthful receiving theFamily Discount (if a resident of the same household)shall determine the Insurance Score Discount thatapplies to the policy premium. An insurance score shallbe reordered every year, and any change in the discountshall be applied upon renewal. In the event of areduction of the insurance score upon reordering, tierreassignment shall be limited to a maximum of two tiers.If a revised insurance score is reported to the Companyresulting from a discrepancy or error in the insured’scredit history, the discount will be revised with theadjusted premium effective at inception of the new orrenewal policy.InsuranceTier Score DiscountE2 816 & Over 40%E1 777 – 815 36%V2 749 – 776 33%V1 716 – 748 29%G2 696 – 715 25%G1 668 – 695 20%A2 638 – 667 16%A1 602 – 637 11%S2 559 – 601 6%S1 558 & Below 0%If no insurance score is available, the insured will beplaced in the G2 tier.Employee DiscountA discount of 14% will be applied to the total policypremium for each policy written in the name of a personwho is:• Employed by Western National for a period of atleast 90 days and works 20 hours or more a week;• Formally retired from Western National inaccordance with company retirement eligibilitystandards;• A Western National board member (immediately atthe time of their confirmation); or• A retired Western National board member with atleast 6 years of service.7-1-2010 IA-PA-E-5 Exception PagesIncludes copyrighted material with the permission of Insurance Services Office, Inc.