1 / 5

Delaware Private Passenger Automobile Insurance

Delaware Private Passenger Automobile Insurance. Allstate Indemnity Company March 20, 2012. Ed Clark, State Manager Wasim Chowdhury, Assistant Actuary. Overview. Allstate Indemnity Company

fayre
Download Presentation

Delaware Private Passenger Automobile Insurance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Delaware Private Passenger Automobile Insurance Allstate Indemnity Company March 20, 2012 • Ed Clark, State Manager • Wasim Chowdhury, Assistant Actuary

  2. Overview • Allstate Indemnity Company • Currently has 1238 policyholders, represents 3.4% of our policies in Delaware, 4.8% of the households we insure • Insures higher risk drivers due to history of accidents and/or moving violations or drivers without prior insurance • Rate change pending: requested a 15% average premium increase, agreed with INS Consultants to reduce to 8.5% • Current Average 6 month premium: $830 • Average proposed increase: $70 • Last rate change: July 2008, decrease of 13.1% • Last premium increase: December 2002 • If questions, contact your local Allstate Agency, 1(800) Allstate or Allstate.com

  3. Historical Data

  4. Discounts Available • Allstate Easy Pay Discount (6%) • Homeownership Discount (5%) • Defensive Driver Discount (up to 15% on liability coverages) • Resident Student Discount (up 35% on certain coverages) • Good Student Discount (up to 20%) • Senior Adult Discount (15% on PIP Coverage) • Passive Restraint Discount (up to 30% on PIP Coverage) • Performance Discount (varies by coverage, about 12%) • Antilock Brake Discount (10% on a few coverages) • The Good Hands People Discount (10%) • Good Payer Discount (5%) • Multiple Policy Discount (7%) • Future Effective Date Discount (5%)

  5. Discounts Available • Allstate ® Easy Pay Discount (6%) - Applies when the policy premium is paid through the Allstate® Easy Pay Plan • Homeownership Discount (5%) - Applies when the named insured and/or spouse owns a home, townhome, condominium or mobilehome • Defensive Driver Discount (up to 15% on liability coverages) - Applies when an operator receives a certificate certifying voluntary attendance and successful completion of an accident prevention course or motorcycle rider course approved by the Insurance Commissioner.

More Related