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PRIVATE PASSENGER AUTO
This rate adjustment is partly due to Act 28 due to stacking of UM and
UIM and eliminating the reducing clause on UIM (UM 20% UIM 50%). There
was also a 4.6% overall increase in BI/PD/Comp/Coll. due to loss
frequency, severity and inflation.
HOMEOWNERS
All Homeowners policies except condos and tenants had increases from
5% to 9% depending on the storm and fire activity in the territory.
Overall the increase averaged 6.9%.
This is the first rate
activity we’ve had in the past two years.
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