Private Passenger Rates and Rate Filings

2008 Private Passenger Rate Filing

This filing represents the rate level recommendation for the private passenger automobile insurance residual market, pursuant to 211 CMR 79.00 with an assumed effective date of 4/1/2008. The indicated rate level developed in this filing represents the analysis of the combined involuntary experience of all companies servicing the residual market through CAR. The rates, subject to G.L. Ch. 175, §113H, are applicable to risks ceded to CAR and the risks assigned through the Massachusetts Automobile Insurance Plan (MAIP).

Cover Letter

Introduction

Summary of Statewide Rate Change by Coverage

Loss Provisions

Expense Provisions

Underwriting Profit

Model Year/Symbol Drift - 100I

Current Average Rates

Manual Rates

Model Year/Symbol Relativities - 100M

Substitute Transportation - 100X

Motorcycles

Policy, Forms, Endorsements, and Manual Rates