Priviledge Underwriters Reciprocal Exchange (PURE)

As of July 2019

The following are the filings made by PURE.

Filing No./Overall Rate Indication Materials Included Effective Date

PRIV131953241

Private Fleet Automobile Insurance Program

Form:

  • Private Fleet Auto Policy Declarations – PFA-DEC-MA-001 (05/2019)

Markup of Changes

07/20/19 New

09/18/19 Renew

PRIV131894876

+4.9%

Private Fleet Automobile Insurance Program

Rate/Rule (Private Fleet Auto)

Rate:

Rate Manual

Rate Section 100: Private Passenger Automobile Rating Algorithm

  • Rate 101: Private Passenger Automobile Rating Algorithm
  • Rate 102: Household Averaging Algorithm
  • Rate 102.1: Household Averaging Algorithm
  • Rate 102.2: Driver Composite Algorithm
  • Rate 102.3: Primary Use Class Composite Algorithm
  • Rate 102.4: Secondary Use Class Composite Algorithm
  • Rate 103: Symbol Factor Algorithm
  • Rate 103.1: Liability Symbol Factor Algorithm
  • Rate 103.2: Physical Damage Symbol Factor Algorithm
  • Rate 103.3: Additive Symbol/High Performance Vehicle Algorithm
  • Rate 103.4: Additional & Custom Equipment/Agreed Value Algorithm
  • Rate 104: Multi-Line Discount Algorithm

Rate Section 200: Driver Rating Plans

  • Rate 201: Default Driver
  • Rate 202: Years Licensed Primary Use Class
  • Rate 203: Good Student Discount
  • Rate 204: Driver Training Discount
  • Rate 205: Occasional Operator Discount
  • Rate 206: Away at School Discount
  • Rate 207: Inexperienced Operator Surcharge
  • Rate 208: Mobile Device Control Discount
  • Rate 209: Merit Rating Factors Incidents
  • Rate 210: Multiple Incident Factor

Rate Section 300: Vehicle Rating Plans

  • Rate 301: Anti-Theft Discount
  • Rate 302: Anti-Lock Brakes Discount
  • Rate 303: Passive Restraint Discount
  • Rate 304: Annual Mileage
  • Rate 305: Reserved for Future Use
  • Rate 306: Reserved for Future Use
  • Rate 307: Base Rates
  • Rate 308: Territories
  • Rate 309: Deductibles
  • Rate 310: Extended Towing

Rule:

Rule Manual

Rule Section 000: General Policy Rules

  • Rule 001: Definitions
  • Rule 002: Coverages and Limits
  • Rule 003: Policy Changes
  • Rule 004: Cancellations
  • Rule 005: Mandatory Offer of Coverage
  • Rule 006: Residence and Location
  • Rule 007: Out-Of-State Garaging
  • Rule 008: Reserved For Future Use
  • Rule 009: Certified Risks- Financial Responsibility Laws
  • Rule 010: Premium Calculation Rule
  • Rule 011: Premium Rounding Rule
  • Rule 012: Deposit Premium Rule
  • Rule 013: Employers Subject to Massachusetts Workers’ Compensation Act
  • Rule 014: Deductibles- Collision, Limited Collision, and Comprehensive
  • Rule 015: Substitute Transportation
  • Rule 016: Massachusetts Automobile Insurance Policy- Eligibility

Rule Section 100: Private Passenger Automobile Rating Algorithm

  • Rule 101: Private Passenger Automobile Rating Algorithm
  • Rule 102: Household Averaging Algorithm
  • Rule 103: Symbol Factor Algorithm
  • Rule 104: Multi-Line Discount Algorithm

Rule Section 200: Driver Rating Plans

  • Rule 201: Default Driver
  • Rule 202: Years Licensed Primary Use Class
  • Rule 203: Good Student Discount
  • Rule 204: Driver Training Discount
  • Rule 205: Occasional Operator Discount
  • Rule 206: Away at School Discount
  • Rule 207: Inexperienced Operator Surcharge
  • Rule 208: Mobile Device Control Discount
  • Rule 209: Incidents
  • Rule 210: Multiple Incident Factor

Rule Section 300: Vehicle Rating Plans

  • Rule 301: Anti-Theft Discount
  • Rule 302: Anti-Lock Brakes Discount
  • Rule 303: Passive Restraint Discount
  • Rule 304: Annual Mileage
  • Rule 305: Reserved for Future Use
  • Rule 306: Reserved for Future Use
  • Rule 307: Base Rates
  • Rule 308: Territories
  • Rule 309: Deductibles
  • Rule 310: Extended Towing and Labor
  • Rule 311: Symbols
  • Rule 311.1: ISO Liability Symbols
  • Rule 311.2: ISO Physical Damage Symbols
  • Rule 311.3: Additive Symbols
  • Rule 311.4: High Performance Vehicles
  • Rule 311.5: Additional & Custom Equipment/Agreed Value
  • Rule 312: Vacation Use Discount
  • Rule 313: Extra Risk Factor

Rule Section 400: Policy Rating Plans

  • Rule 401: Reserved for Future Use
  • Rule 402: Limits
  • Rule 403: Home/Condo Companion Discount
  • Rule 404: Excess Liability Companion Discount
  • Rule 405: Collections Companion Discount
  • Rule 406: Multi-Car Discount
  • Rule 407: Years Clean Discount
  • Rule 408: Tier
  • Rule 409: Group Marketing Discount
  • Rule 410: Policy Term

Rule Section 500: Miscellaneous Vehicles

  • Rule 501: Vehicle Type
  • Rule 502: Motor Homes Rating Algorithm
  • Rule 503: Recreational Trailers Rating Algorithm
  • Rule 504: Snowmobiles and All-Terrain Vehicles Rating Algorithm
  • o Rule 504.1: Snowmobiles and All-Terrain Vehicles Physical Damage Rates
  • Rule 505: Golf Carts Rating Algorithm
  • Rule 505.1: Golf Cart Physical Damage Rates
  • Rule 506: Dune Buggies (Non-Registered) Rating Algorithm
  • Rule 506.1: Dune Buggies (Non-Registered) Physical Damage Rates
  • Rule 507: Motorcycles / Mopeds Rating Algorithm
  • Rule 507.1: Motorcycle Physical Damage Symbol
  • Rule 507.2: Motorcycle Liability Adjustment
  • Rule 507.3: Multi-Bike Discount
  • Rule 508: Collector Cars: Antique, Classic, Exotic and Trailers Rating Algorithm
    • Rule 508.1: Collector Cars Liability
    • Rule 508.2: Collector Cars Physical Damage Rates
    • Rule 508.3: Loss Protection Discount

Markup of Changes

07/20/19 New

09/18/19 Renew

 PRIV131145643

+3%

Rate/Rule

Rule:

  • Auto Algorithm
  • Base Rates
  • Vehicle Discounts
  • Policy Discounts
  • Rule 56. Merit Rating

Markup of Changes

10/21/17 New

12/20/17 Renew 

PRIV131126945

Form:

  • Personal Injury Protections Coverage – Massachusetts – PFA-END-MA-001 (07/2017)
  • Symbol Factors

Markup of Changes

10/21/17 New

12/20/17 Renew 

PRIV130466671

+9.9%

Rate:

  • Base Rates

Markup of Changes
Explanatory Memorandum

08/13/16 New
10/12/16 Renew 
PRIV129541536 Symbol Factors 07/12/14 New/Renew
PRIV128855580

Payment Plan

05/04/13 New
PRIV128751166

Rules:

 1. Massachusetts Automobile Insurance Policy Eligibility

2. Coverage and Limits

3. Mandatory Offer of Coverage

4. Reserved for Future Use

5. Residence and Location

6. Out-of-State Garaging

7. Policy Period

8. Changes

9. Reserved for Future Use

10. Certified Risks – Financial Responsibility Laws

11. Premium Calculation Rule

12. Premium Rounding Rule

13. Reserved for Future Use

14. Deposit Premium Rule

15. Employers Subject to Massachusetts Workers Compensation Act

16. Deductibles – Collision, Limited Collision, and Comprehensive

17. Substitute Transportation

18. Termination of Insurance

19. Discounts

20. Vehicle Liability Symbols

21. Model Year Rating

22. Non-Symbolled Vehicles and Rating Vehicles for which Symbols are not shown on the Rate Pages

23.  Reserved for Future Use

24. Extra-Risk Rating (Collision and Comprehensive)

25. Vehicle Usage (index shows Reserved for Future Use, but a Rule is listed in Manual)

26. Additional Company Rating Rules

27. Private Passenger Definition

28. Private Passenger Classifications

29. Reserved for Future Use

30. Personal Injury Protection – Deductible Form

31.  – 38. Reserved for Future Use

39. Miscellaneous Vehicles

40.-48. Reserved for Future Use

49-53. Reserved for Future Use

54. Anti-Theft Device Standards and Discounts

55. Reserved for Future Use

56. Merit Rating Plan

57-58. Reserved For Future Use

Forms & Endorsements:

  • Additional Insured – Lessor - PFA-012-GEN (12/2012)
  • Private Fleet Auto Policy Index – PFA- 998-GEN (12/2012)
  • Customizing Equipment Coverage – PFA-014-GEN (12/2012)
  • Miscellaneous Type Vehicle Endorsement – PFA-009-GEN (12/2012)
  • Private Fleet Automobile Policy – PFA-997-GEN (01/2012) (ISO Policy)
  • Single Liability Limit – PFA-007-GEN (12/2012)
  • Snowmobile Endorsement – PFA-015-GEN (12/2012)
  • Extended Towing and Labor Costs Coverage – PFA-011-GEN (12/2012)
  • Loss Payable Clause – PFA-013-GEN )12/2012)
  • Single Underinsured Motorists Limit – Massachusetts – PFA-018-GEN (03/2013)
  • Single Uninsured Motorists Limit – PFA-017-GEN (12/2012)
  • Amendment of Private Fleet Automobile Provisions –
    Massachusetts – PFA-001-MA (03/2013)
  • Collision Coverage Waiver of Deductible –
    Massachusetts – PFA-044-MA (03/2013)
  • Compulsory Motor Vehicle Liability Coverage –
    Massachusetts – PFA-045-MA (07/2012)
  • First Theft or Larceny Coverage – Massachusetts – PFA-046-MA (03/2013)
  • Limited Collision Coverage – Massachusetts – PFA – 047-MA (03/2013)
  • Massachusetts Named Driver Exclusion Acknowledgement –
    PFA-022-MA (07/2012)
  • Named Driver Exclusion – Massachusetts –
    PFA-021-MA (03/2013)
  • Other Than Collision Coverage Glass Deductible – Massachusetts –
    PFA-048-MA (03/2013)
  • Personal Injury Protection Coverage – Massachusetts – PFA-051-MA (03/2013)
  • Underinsured Motorists Coverage – Massachusetts – PFA-0430MA (03/2013)
  • Uninsured Motorists Coverage – Massachusetts – PFA-0420MA (03/2013)
  • Private Fleet Auto Policy Declarations – PFA-999-MA (07/2012)
  • Application for Insurance – PFA-100-MA (02/2013)
  • Notice of Cancellation of Insurance – PC96293609303132133MA42009
  • Notice of Non-Renewal of Insurance – PN343817430916401842MA42009

 

05/04/13 New

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