Annual Publication of Motor Vehicle Insurers and Premiums

STATE OF HAWAII

INSURANCE DIVISION

DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS

P.O. Box 3614

Honolulu, HI 96811

Memorandum 2002-10R

September 24, 2002

TO:

All Motor Vehicle Insurers Authorized in the State of Hawaii

FROM:

Wayne Metcalf, Insurance Commissioner

SUBJECT:

Annual Publication of Motor Vehicle Insurers and Premiums

Pursuant to section 431:10C-210, Hawaii Revised Statutes, the Insurance Commissioner shall

publish in a newspaper of general circulation in the State a list of all motor vehicle insurers with representative

annual premiums for motor vehicle insurance. The Hawaii Insurance Division intends to publish this listing based

on insurers’ rates in effect on November 1, 2002.

The representative premium listing will be based on a new applicants request for the minimum

coverages required under the Hawaii Motor Vehicle Insurance Law, and may include required optional additional

coverages, as follows:

$20,000/$40,000

Bodily Injury Liability

$10,000

Property Damage Liability

$10,000

Personal Injury Protection

$20,000/$40,000

Uninsured Motorist Coverage, Stacked

$20,000/$40,000

Underinsured Motorist Coverage, Stacked

$100

Deductible Comprehensive

$500

Deductible Collision

Automobile: 2001 Honda Accord DX, 4-door sedan, VIN 1HGCF864&1 (I.S.O., VSR=01-7; OCN=01-10)

Note: Premiums are to be provided for a new applicant who is the sole owner of

one vehicle. Any discounts/surcharges afforded to new applicants must be separately

identified on the worksheet.

Each insurer shall provide for the Commissioner’s review the representative annual premium

quotations on the enclosed worksheets no later than October 28, 2002. Note the following:

1.

If, within the next 90 days, your company is proposing to implement a rate revision, an additional

set of worksheets must be completed reflecting your proposed rates.

2

identified on the worksheet.

Each insurer shall provide for the Commissioner’s review the representative annual premium

quotations on the enclosed worksheets no later than October 28, 2002. Note the following:

1.

If, within the next 90 days, your company is proposing to implement a rate revision, an additional

set of worksheets must be completed reflecting your proposed rates.

2.

Any insurer desiring special annotations or exclusion from this publication listing may provide a

written request for such consideration by the Commissioner in addition to the insurers’ premium

quotations.

Insurers providing motor vehicle policies in accordance with §431-12, Hawaii Revised Statutes,

Mass Merchandising of Insurance, shall provide the address, telephone number and name of a contact person

at the insurer’s office in the State designated to conduct the administration of its business and handle claims.

Insurers may request an additional listing to be labeled as a mass merchandising premium.

Questions may be directed to the Insurance Division’s Rate and Policy Analysis Section at

(808)586-2809. A motor vehicle insurer that does not transact private passenger auto business in Hawaii should

submit a letter stating such exemption.

As strict publication deadlines have been imposed, it is imperative that insurers submit

accurate reports by the indicated deadline. Pursuant to §431:10C-215 and §431:14-117 HRS, failure to

comply may subject your company to a civil penalty of not less than $500 and not to exceed $5,000.

Enclosures: Worksheets A, B, C, D, OT, Summary Sheet

submit a letter stating such exemption.

As strict publication deadlines have been imposed, it is imperative that insurers submit

accurate reports by the indicated deadline. Pursuant to §431:10C-215 and §431:14-117 HRS, failure to

comply may subject your company to a civil penalty of not less than $500 and not to exceed $5,000.

Enclosures: Worksheets A, B, C, D, OT, Summary Sheet

Insurance Company

Company's latest rate level adjustment effective as of

HAWAII PREMIUM QUOTATIONS

Policy Effective Date: November 1, 2002

Age/

Automobile:

2001 Honda Accord, DX, 4-Dr Sedan

Symbol

Model Year

(I.S.O., V.S.R. = 01-7)

Classification:

Pleasure Use,

Primary Rating Factor

Clear Driving Record

Secondary Rating Factor

Base Premium

Primary + Secondary

Rating

Factor

*Other

Rating

Factor

*Other

Rating

Factor

ANNUAL

PREMIUM

Territory 01 – Oahu

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 03 – Maui

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 04 – Kauai

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 04 – Kauai

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 05 – Hawaii

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

(S) = stacked

*Other Rating Factors - Explain:

Responsible Officer: (Name)

(Title)

WORKSHEET A

(Address)

Insurance Company

Company's latest rate level adjustment effective as of

HAWAII PREMIUM QUOTATIONS

Policy Effective Date: November 1, 2002

Age/

Automobile:

2001 Honda Accord, DX, 4-Dr Sedan

Symbol

Model Year

(I.S.O., V.S.R

(S) = stacked

*Other Rating Factors - Explain:

Responsible Officer: (Name)

(Title)

WORKSHEET A

(Address)

Insurance Company

Company's latest rate level adjustment effective as of

HAWAII PREMIUM QUOTATIONS

Policy Effective Date: November 1, 2002

Age/

Automobile:

2001 Honda Accord, DX, 4-Dr Sedan

Symbol

Model Year

(I.S.O., V.S.R. = 01-7)

Classification:

Pleasure Use,

Primary Rating Factor

One (1) Accident,

Secondary Rating Factor

$1,000 Property Loss Only

No Surcharge On At-Fault Accidents Under $

Base Premium

Primary + Secondary

Rating

Factor

*Other

Rating

Factor

*Other

Rating

Factor

ANNUAL

PREMIUM

Territory 01 – Oahu

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 03 – Maui

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 04 – Kauai

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Territory 04 – Kauai

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 05 – Hawaii

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

(S) = stacked

*Other Rating Factors - Explain:

Responsible Officer: (Name)

(Title)

WORKSHEET B

(Address)

Insurance Company

Company's latest rate level adjustment effective as of

HAWAII PREMIUM QUOTATIONS

Policy Effective Date: November 1, 2002

Age/

Automobile:

2001 Honda Accord, DX, 4-Dr Sedan

Symbol

Model Year

(I.S.O., V.S.R. = 01-7)

Classification:

Pleasure Use,

Primary Rating Factor

One (1) Speeding Conviction

Secondary Rating Factor

Base Premium

Primary + Secondary

Rating

Factor

*Other

Rating

Factor

*Other

Rating

Factor

ANNUAL

PREMIUM

Territory 01 – Oahu

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

D

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 03 – Maui

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 04 – Kauai

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 05 – Hawaii

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

(S) = stacked

*Other Rating Factors - Explain:

Responsible Officer: (Name)

(Title)

WORKSHEET C

(Address)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

(S) = stacked

*Other Rating Factors - Explain:

Responsible Officer: (Name)

(Title)

WORKSHEET C

(Address)

Insurance Company

Company's latest rate level adjustment effective as of

HAWAII PREMIUM QUOTATIONS

Policy Effective Date: November 1, 2002

Age/

Automobile:

2001 Honda Accord, DX, 4-Dr Sedan

Symbol

Model Year

(I.S.O., V.S.R. = 01-7)

Classification:

Pleasure Use,

Primary Rating Factor

One (1) Driving Under Influence

Secondary Rating Factor

With Proof of Financial Responsibility (SR-22)

SR-22 Rating Factor

[ ] Insurer does not accept NEW applicants with DUI conviction

[ ] Insurer does not accept NEW applicants with Administrative License Revocations

Base Premium

Primary + Secondary

Rating

Factor

*Other

Rating

Factor

*Other

Rating

Factor

ANNUAL

PREMIUM

Territory 01 – Oahu

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 03 – Maui

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 04 – Kauai

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Territory 05 – Hawaii

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

(S) = stacked

*Other Rating Factors - Explain:

Responsible Officer: (Name)

(Title)

WORKSHEET D

(Address)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

(S) = stacked

*Other Rating Factors - Explain:

Responsible Officer: (Name)

(Title)

WORKSHEET D

(Address)

Insurance Company

Company's latest rate level adjustment effective as of

HAWAII PREMIUM QUOTATIONS

Policy Effective Date: November 1, 2002

Age/

Automobile:

2001 Honda Accord, DX, 4-Dr Sedan

Symbol

Model Year

(I.S.O., V.S.R. = 01-7)

Other Territory (describe):

Base Premium

Primary + Secondary

Rating

Factor

*Other

Rating

Factor

*Other

Rating

Factor

ANNUAL

PREMIUM

Worksheet A Profile: Pleasure, Clear Driving Record

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Worksheet B Profile: Pleasure, 1 Accident Under $1,000 Property Loss

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Worksheet C Profile: Pleasure, 1 Speeding Conviction

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Worksheet C Profile: Pleasure, 1 Speeding Conviction

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

Worksheet D Profile: Pleasure, 1 DUI Conviction With SR-22

$20,000/40,000 BI

$10,000 PD

$10,000 Basic PIP

$20,000/40,000 UM (S)

$20,000/40,000 UIM (S)

(To be reported on summary sheet)

Sub Total:

$100 Ded Comp

$500 Ded Coll

Total:

(S) = stacked

*Other Rating Factors - Explain:

Responsible Officer: (Name)

(Title)

WORKSHEET OT (file only if applicable)

(Address)

Summary Sheet - Rates in effect November 1, 2002

Insurance Company

Record the subtotals from worksheets A, B, C, and D below:

Subtotals =

$20,000/40,000 BI

$10,000 PD

$10,000 PIP

$20,000/40,000 UM, STACKED

$20,000/40,000 UIM, STACKED

ANNUAL PREMIUM

Worksheet A

(Pleasure, Clear record)

Worksheet B

(Pleasure, 1 accident,

$1,000 property loss)

Worksheet C

(Pleasure, 1 speeding

conviction)

Worksheet D

(Pleasure, 1 DUI conviction

w/SR-22)

Oahu (01)

Maui (03)

Kauai (04)

Hawaii (05)

Other Terri

d)

Worksheet B

(Pleasure, 1 accident,

$1,000 property loss)

Worksheet C

(Pleasure, 1 speeding

conviction)

Worksheet D

(Pleasure, 1 DUI conviction

w/SR-22)

Oahu (01)

Maui (03)

Kauai (04)

Hawaii (05)

Other Territory*

* Insurers with other territories must complete worksheet OT