Austin Mutual Automobile Underwriting Guide
 

Company

Austin Mutual

Company

Austin Mutual

Program

Safe Driver

Program

Standard

Credit Score/Financial

Requires 600 or better score

Credit Score/Financial

Requires 600 or better score

Prior Insurance

 

Prior Insurance

 

Prior Carrier

Prior coverage in standard market for past 12 months

Prior Carrier

Prior coverage in standard market for past 12 months

Lapse of Prior Coverage

No lapse of coverage is permitted

Lapse of Prior Coverage

No lapse of coverage is permitted

Drivers

 

Drivers

 

Driver Age

age 23 to 74….age 70 and up require medical stmt

Driver Age

age 21 to 74….age 70 and up require medical stmt

Children’s Age

No restriction

Children’s Age

No restriction

Physical Impairments

Nothing that hinders driving

Physical Impairments

Nothing that hinders driving

Room Mates Information

Include boyfriends and girlfriends on policy

Room Mates Information

Include boyfriends and girlfriends on policy

Are Excluded Drivers Allowed

Cannot exclude spouse or children

Are Excluded Drivers Allowed

Cannot exclude spouse or children

Other Driver Items

 

Other Driver Items

 

Driving Record/Losses

 

Driving Record/Losses

 

Record Experience Period

5 years

Record Experience Period

5 years

At Fault Accidents per Person

0 in 5 years

At Fault Accidents per Person

0 in 3 years, 1 under 1000 PD in years 4 & 5

At Fault Accidents per Policy

0 in 5 years

At Fault Accidents per Policy

Same as per person. Under 23 - clean 5 years

No Fault Accidents per Person

2 no fault with proof - not considered an incident

No Fault Accidents per Person

2 no fault with proof - not considered an incident

No Fault Accidents per Policy

2 no fault with proof - not considered an incident

No Fault Accidents per Policy

2 no fault with proof - not considered an incident

Minor Convictions per Person

0 in 3 years; 1 in years 4 & 5; 0 in 5 under 23

Minor Convictions per Person

1 in 3 years;  2 in  5 years; 0 in 5 under 23

Minor Convictions per Policy

0 in 3 years, 1 in years 4 & 5

Minor Convictions per Policy

2 in 3 years,  3 in 5 years

Maximum Incidents per Person

0 in 3 years, 1 in years 4 & 5

Maximum Incidents per Person

1 in 3 years;  2 in  5 years; 0 in 5 under 23

Maximum Incidents per Policy

0 in 3 years, 1 in years 4 & 5

Maximum Incidents per Policy

2 in 3 years, 3 in 5 years

At Fault Accident with Ticket

0 in five years -  considered an accident if minor violation

At Fault Accident with Ticket

1 in years 4 & 5  -  considered only accident if minor violation

Major Convictions

0 in 5 years

Major Convictions

0 in 5 years

Window Chip Comp Losses

1 per car is satisfactory in 3 years

Window Chip Comp Losses

1 per car is satisfactory in 3 years

Other Comp Losses

No pattern in 3 years

Other Comp Losses

No pattern in 3 years

No Fault Collision Losses

Same as not at fault accident

No Fault Collision Losses

Same as not at fault accident

At Fault Accident Surcharge

No accident allowed in 3 years.  15% if over $1000

At Fault Accident Surcharge

No accident allowed in 3 years.  15% if over $1000

Other Records/Loss Items

 

Other Records/Loss Items

If an small at faul accident exists in years 4 & 5, no other violation can be present on the policy - minor ticket with accident is OK

Vehicle Rating Items

 

Vehicle Rating Items

 

Number of Vehicles

1 or more

Number of Vehicles

1 or more

Vehicle Age Limitations

Over age 15 - No Physical Damage

Vehicle Age Limitations

Over age 15 - No Physical Damage

Coverage Requirements

One vehicle must have comp and collision

Coverage Requirements

One vehicle must have comp and collision

Business Use Allowed

Salesman use OK

Business Use Allowed

Salesman use OK

Contractor Use Allowed

No

Contractor Use Allowed

No

One Ton Pickup Allowed

No

One Ton Pickup Allowed

No

Limit on Miles to Work

No limit

Limit on Miles to Work

No limit

Limit on Annual Mileage

No limit

Limit on Annual Mileage

No limit

Other Vehicle Rating Items

 

Other Vehicle Rating Items

 

Other Rating Items

 

Other Rating Items

 

Coverage Limit Rating Items

100/300/100 liability required

Coverage Limit Rating Items

100/300/100 liability required

Miles to Work Rating Criteria

1 to 3;  4 to 10;  11 or more

Miles to Work Rating Criteria

1 to 3;  4 to 10;  11 or more

U S Citizen Requirement

No

U S Citizen Requirement

No

Supporting Policy Requirement

Requires and Homeowners or renters policy

Supporting Policy Requirement

Requires and Homeowners or renters policy

Other Rating Items

 

Other Rating Items

 

Discount-Surcharges

 

Discount-Surcharges

 

Homeowners Package Discount

10% discount with HO3 & HO4 (minimum of $150 HO premium)….15% discount with Home-Extra or Home Extra

Homeowners Package Discount

10% discount with HO3 & HO4 (minimum of $150 HO premium)….15% discount with Home-Extra or Home Extra

Home Ownership Discount

None

Home Ownership Discount

None

Multi Car Discount

15% with all vehicles that have liability coverage

Multi Car Discount

15% with all vehicles that have liability coverage

Claim Free Discount

None

Claim Free Discount

None

Good Student Discount

15% - age 16 to 24

Good Student Discount

15% - age 16 to 24

Drivers Training Discount

10% - age 16 to 24

Drivers Training Discount

10% - age 16 to 24

Air Bags Discount

 

Air Bags Discount

 

Anti-lock Brakes Discount

 

Anti-lock Brakes Discount

 

Passive Sec Alarm Discount

5% discount on comprehensive - same as active

Passive Sec Alarm Discount

5% discount on comprehensive - same as active

Active Sec Alarm Discount

5% discount on comprehensive - same as passive

Active Sec Alarm Discount

5% discount on comprehensive - same as passive

Other Discounts & Surcharges

Age discount for senior driver - 8% for age 55 to 64;  5% for age 65 to 70…..Farm territory discount of 10% classification 1AF - farm use only - No youthful operators, not driven to work or school, not used in business other than farming

Other Discounts & Surcharges

Age discount for senior driver - 8% for age 55 to 64;  5% for age 65 to 70…..Farm territory discount of 10% classification 1AF - farm use only - No youthful operators, not driven to work or school, not used in business other than farming

Vehicles

 

Vehicles

 

Unacceptable Vehicles

Anniversary Cars, Barracuda, Bradley GT, Bricklin, Hot Rod Camaros, Corvette, Datsun 280Z & ZX, Dodge Viper and Stealth, Chev Geo Tracker 98 and prior, High performance autos, Jeep CJ-5 & CJ-7 & Wranglers, Kit Cars, Lotus, Mazda RX-7, Pace cars, Pontiac Fiero, Hot Rod Firebirds, Suzuki Samurai & Sidekick, Vehicles valued $50,000 or more.

Unacceptable Vehicles

Anniversary Cars, Barracuda, Bradley GT, Bricklin, Hot Rod Camaros, Corvette, Datsun 280Z & ZX, Dodge Viper and Stealth, Chev Geo Tracker 98 and prior, High performance autos, Jeep CJ-5 & CJ-7 & Wranglers, Kit Cars, Lotus, Mazda RX-7, Pace cars, Pontiac Fiero, Hot Rod Firebirds, Suzuki Samurai & Sidekick, Vehicles valued $50,000 or more.

Restricted Vehicles

No restricted list - all are unacceptable

Restricted Vehicles

No restricted list - all are unacceptable

Motor Home Rating

Yes - Choose symbol based on current actual value - rate using Priority Rating

Motor Home Rating

Yes - Choose symbol based on current actual value - rate using Priority Rating

Travel Trailer Rating

Yes - Get current value - Multiply times .0077.  $100 deductible comp and $250 deductible collsion. No other deductibles

Travel Trailer Rating

Yes - Get current value - Multiply times .0077.  $100 deductible comp and $250 deductible collsion. No other deductibles

Other Trailer Rating

Yes - Get current value - Multiply times .0077.  $100 deductible comp and $250 deductible collsion. No other deductibles

Other Trailer Rating

Yes - Get current value - Multiply times .0077.  $100 deductible comp and $250 deductible collsion. No other deductibles

Conversion Van Rating

Yes - Choose symbol based on current actual value - rate using Priority Rating

Conversion Van Rating

Yes - Choose symbol based on current actual value - rate using Priority Rating

Pickup Topper Rating

Yes - Must be listed as a separate unit - Get current value, year and make - Multiply times .0077.  $100 deductible comp and $250 deductible collsion. No other deductibles

Pickup Topper Rating

Yes - Must be listed as a separate unit - Get current value, year and make - Multiply times .0077.  $100 deductible comp and $250 deductible collsion. No other deductibles

Other Vehicle Items

 

Other Vehicle Items

 

Policy Term/Payments

 

Policy Term/Payments

 

Policy Term

6 months

Policy Term

6 months

Billed Payments Available

Yes - 2 month down payment with no fee - equal monthly installments plus a $7 service fee for each

Billed Payments Available

Yes - 2 month down payment with no fee - equal monthly installments plus a $7 service fee for each

EFT Payments Available

Yes - 2 month down payment - equal monthly installments with no fees

EFT Payments Available

Yes - 2 month down payment - equal monthly installments with no fees

Credit Card Payment Available

No

Credit Card Payment Available

No

App Binding Requirement

Mail on or before effective date.  Company rejects binding date if 7 days

App Binding Requirement

Mail on or before effective date.  Company rejects binding date if 7 days

Claim Reporting Procedure

Call company 24 hours per day to report claims - 1-888-321-9392…………..Glass claims should be reported to the Harmon Glass Network - 1-800-432-0316

Claim Reporting Procedure

Call company 24 hours per day to report claims - 1-888-321-9392…………..Glass claims should be reported to the Harmon Glass Network - 1-800-432-0316