Midwest Family Mutual Automobile Underwriting Guidelines

Company

Midwest Family Mutual

Company

Midwest Family Mutual

Company

Midwest Family Mutual

Program

Ultra-Elite - Tiers can be split

Program

Elite - Tiers can be split

Program

Standard - Tiers can be split

Credit Score/Financial

Superior - no bankruptcy,  judgements, collections, or liens ever

Credit Score/Financial

Excellent - no bankruptcy,  judgements, collections, or liens in the past 7 years

Credit Score/Financial

Very Good - no bankruptcy,  judgements, collections, or liens in the past 5 years

Prior Insurance

 

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

Prior Carrier

Prior coverage in standard market for past 12 months

Lapse of Prior Coverage

No lapse of coverage permitted

Lapse of Prior Coverage

No lapse of coverage permitted

Lapse of Prior Coverage

No lapse of coverage permitted

Drivers

 

Drivers

 

Drivers

 

Driver Age

Age 25 to 65  -  9 years experience

Driver Age

Age 21 to 70  -  5 years experience

Driver Age

Age 21 to 75  - 5 years experience

Children’s Age

All children under 25 rated in standard program - parents in Ultra-Elite

Children’s Age

All children under 21 rated in standard program - parents in Elite

Children’s Age

14 to 25

Physical Impairments

Nothing that hinders driving - Submit only for all

Physical Impairments

Nothing that hinders driving - Submit only for all

Physical Impairments

Nothing that hinders driving - Submit only for all

Room Mates Information

Include boyfriends & girlfriends driver information. Not rated on policy.

Room Mates Information

Include boyfriends & girlfriends driver information. Not rated on policy.

Room Mates Information

Include boyfriends & girlfriends driver information. Not rated on policy.

Are Excluded Drivers Allowed

No

Are Excluded Drivers Allowed

No

Are Excluded Drivers Allowed

No

Other Driver Items

2 years prior stable residency…..Required stable and continuous employment

All children must be listed if they have a learners permit

Other Driver Items

1 year prior stable residency…..Required stable and continuous employment

All children must be listed if they have a learners permit

Other Driver Items

2 years prior stable residency…..Required stable and continuous employment

All children must be listed if they have a learners permit

Driving Record/Losses

 

Driving Record/Losses

 

Driving Record/Losses

 

Record Experience Period

5 years - Surcharge apply to 5 years

Record Experience Period

5 years - Surcharge apply to 5 years

Record Experience Period

5 years - Surcharge apply to 5 years

At Fault Accidents per Person

0 in 5 years

At Fault Accidents per Person

0 in 2 years - 1 in years 3,4,5

At Fault Accidents per Person

1 in 3 years

At Fault Accidents per Policy

0 in 5 years

At Fault Accidents per Policy

0 in 2 years - 1 in years 3,4,5

At Fault Accidents per Policy

1 in 3 years

No Fault Accidents per Person

0 in 5 years

No Fault Accidents per Person

0 in 2 years - 1 in years 3,4,5

No Fault Accidents per Person

2 with proof

No Fault Accidents per Policy

0 in 5 years

No Fault Accidents per Policy

0 in 2 years - 1 in years 3,4,5

No Fault Accidents per Policy

2 with proof

Minor Convictions per Person

0 in 5 years

Minor Convictions per Person

0 in 2 years - 2 in years 3,4,5 if no accident

Minor Convictions per Person

2 in 3 years if no at fault accident

Minor Convictions per Policy

0 in 5 years

Minor Convictions per Policy

NA

Minor Convictions per Policy

NA

Maximum Incidents per Person

0

Maximum Incidents per Person

0 in 2 years - 2 in years 3,4,5

Maximum Incidents per Person

2 in 3 years

Maximum Incidents per Policy

0

Maximum Incidents per Policy

NA

Maximum Incidents per Policy

NA

At Fault Accident with Ticket

0 permitted -  Same as at fault by itself unless major violation

At Fault Accident with Ticket

1 permitted -  Same as at fault by itself unless major violation

At Fault Accident with Ticket

1 permitted -  Same as at fault by itself unless major violation

Major Convictions

0 ever……includes DWI, Reckless, Speed 20 MPH over limit, Leaving Scene of Acc, Suspension of license, Felony Coniviction, Any SR22 filing

Major Convictions

0 for 5 years……includes DWI, Reckless, Speed 20 MPH over limit, Leaving Scene of Acc, Suspension of license, Felony Coniviction, Any SR22 filing

Major Convictions

0 for 4 years……includes DWI, Reckless, Speed 20 MPH over limit, Leaving Scene of Acc, Suspension of license, Felony Coniviction, Any SR22 filing……….Surcharges still apply for year 5.

Window Chip Comp Losses

2 or 3 are OK if no other losses

Window Chip Comp Losses

2 or 3 are OK if no other losses

Window Chip Comp Losses

2 or 3 are OK if no other losses

Other Comp Losses

1 OK if under $1000

Other Comp Losses

1 under $1000 year 1&2  Another OK in year 3&4&5

Other Comp Losses

1 OK in 3 years

No Fault Collision Losses

treat as a no fault accident

No Fault Collision Losses

treat as a no fault accident

No Fault Collision Losses

treat as a no fault accident

At Fault Accident Surcharge

.75 factor for accident $1000 or under…1.5 factor for accident over $1000

At Fault Accident Surcharge

.75 factor for accident $1000 or under…1.5 factor for accident over $1000

At Fault Accident Surcharge

.75 factor for accident $1000 or under…1.5 factor for accident over $1000

Other Records/Loss Items

Merit rating plan is used…..  .5 factor for no fault accident $1000 or under…….75 factor for no fault accident over $1000…….5 factor for minor violation.  1.5 total points per person has a 0 point surcharge.

If there was an accident on your policy for a person you gave permission to drive - That accident is considered your accident for rating purposes.

Other Records/Loss Items

Merit rating plan is used…..  .5 factor for no fault accident $1000 or under…….75 factor for no fault accident over $1000…….5 factor for minor violation.  1.5 total points per person has a 0 point surcharge. 2.5 total points per person has a 1 point surcharge worth 20% for car driven.  Over 2.5 points is not qualified.

If there was an accident on your policy for a person you gave permission to drive - That accident is considered your accident for rating purposes.

Other Records/Loss Items

Merit rating plan is used…..  .5 factor for no fault accident $1000 or under…….75 factor for no fault accident over $1000…….5 factor for minor violation.  1.5 total points per person has a 0 point surcharge.

If there was an accident on your policy for a person you gave permission to drive - That accident is considered your accident for rating purposes.

Vehicle Rating Items

 

Vehicle Rating Items

 

Vehicle Rating Items

 

Number of Vehicles

2 or more

Number of Vehicles

1 or more

Number of Vehicles

1 or more

Vehicle Age Limitations

2 vehicles 9 years and newer

Vehicle Age Limitations

1 vehicle 14 years and newer

Vehicle Age Limitations

1 vehicle 14 years and newer

Coverage Requirements

2 vehicles with full coverage 50/100 minimum liability

Coverage Requirements

1 vehicle with full coverage 50/100 minimum liability

Coverage Requirements

None

Business Use Allowed

No

Business Use Allowed

No

Business Use Allowed

Yes - with rating factor/class 

Contractor Use Allowed

No

Contractor Use Allowed

No

Contractor Use Allowed

No

One Ton Pickup 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 Miles to Work

No limit

Limit on Annual Mileage

No limit

Limit on Annual Mileage

No limit

Limit on Annual Mileage

No limit

Other Vehicle Rating Items

 

Other Vehicle Rating Items

 

Other Vehicle Rating Items

 

Other Rating Items

 

Other Rating Items

 

Other Rating Items

 

Coverage Limit Rating Items

 

Coverage Limit Rating Items

 

Coverage Limit Rating Items

 

Miles to Work Rating Criteria

1 or 2;  3 to 14;  15 and over

Miles to Work Rating Criteria

1 or 2;  3 to 14;  15 and over

Miles to Work Rating Criteria

1 or 2;  3 to 14;  15 and over

U S Citizen Requirement

No

U S Citizen Requirement

No

U S Citizen Requirement

No

Supporting Policy Requirement

Yes - requires HO3 or HO6

Supporting Policy Requirement

No

Supporting Policy Requirement

No

Other Rating Items

 

Other Rating Items

 

Other Rating Items

 

Discount-Surcharges

 

Discount-Surcharges

 

Discount-Surcharges

 

Homeowners Package Discount

Yes - 5%  with HO3 or HO6

Homeowners Package Discount

Yes - 5%  with HO3 or HO6

Homeowners Package Discount

Yes - 5%  with HO3 or HO6

Home Ownership Discount

No

Home Ownership Discount

No

Home Ownership Discount

No

Multi Car Discount

Yes

Multi Car Discount

Yes

Multi Car Discount

Yes

Claim Free Discount

Yes - 5% claim free 1 to 2 years….10% claim free 2 to 3 years….15% claim free 3 or more years…….1 comp loss less than $1000 doesn't effect claim free discount.  2 losses of any kind in the past 3 year period take all claim free discount away.

Claim Free Discount

Yes - 5% claim free 1 to 2 years….10% claim free 2 to 3 years….15% claim free 3 or more years…….1 comp loss less than $1000 doesn't effect claim free discount.  2 losses of any kind in the past 3 year period take all claim free discount away.

Claim Free Discount

Yes - 5% claim free 1 to 2 years….10% claim free 2 to 3 years….15% claim free 3 or more years…….1 comp loss less than $1000 doesn't effect claim free discount.  2 losses of any kind in the past 3 year period take all claim free discount away.

Good Student Discount

Yes - age 15-24 full time student with B average or better - requires proof

Good Student Discount

Yes - age 15-24 full time student with B average or better - requires proof

Good Student Discount

Yes - age 15-24 full time student with B average or better - requires proof

Drivers Training Discount

 

Drivers Training Discount

 

Drivers Training Discount

 

Air Bags Discount

Yes - 30% discount on med pay for 2 air bags

Air Bags Discount

Yes - 30% discount on med pay for 2 air bags

Air Bags Discount

Yes - 30% discount on med pay for 2 air bags

Anti-lock Brakes Discount

Yes - 5% discount liablity & collision

Anti-lock Brakes Discount

Yes - 5% discount liablity & collision

Anti-lock Brakes Discount

Yes - 5% discount liablity & collision

Passive Sec Alarm Discount

Yes - 5% comp discount - disables the fuel, ignition or starting system

Passive Sec Alarm Discount

Yes - 5% comp discount - disables the fuel, ignition or starting system

Passive Sec Alarm Discount

Yes - 5% comp discount - disables the fuel, ignition or starting system

Active Sec Alarm Discount

Yes - 5% comp discount - alarm only - same discount as passive

Active Sec Alarm Discount

Yes - 5% comp discount - alarm only - same discount as passive

Active Sec Alarm Discount

Yes - 5% comp discount - alarm only - same discount as passive

Other Discounts & Surcharges

Prime rate disount applies when 1) Elite or Ultra Elite  2) Package Discount  3) Multi-car discount   4) Claim-Free discount of any kind (1 comp under $1000 ok).  If all 4 then 10%.  If 3 out of 4 then 5%…………..Extra car discount is 25% to lowest premium vehicle if the number of cars excede the number of drivers. (if unlicensed age 15 & up person exists, this is not applicable)…………Senior operator Acc Prevention course 10% for driver - course must be within 36 months.

Other Discounts & Surcharges

Prime rate disount applies when 1) Elite or Ultra Elite  2) Package Discount  3) Multi-car discount   4) Claim-Free discount of any kind (1 comp under $1000 ok).  If all 4 then 10%.  If 3 out of 4 then 5%…………..Extra car discount is 25% to lowest premium vehicle if the number of cars excede the number of drivers. (if unlicensed age 15 & up person exists, this is not applicable)…………Senior operator Acc Prevention course 10% for driver - course must be within 36 months.

Other Discounts & Surcharges

Prime rate disount applies when 1) Elite or Ultra Elite  2) Package Discount  3) Multi-car discount   4) Claim-Free discount of any kind (1 comp under $1000 ok).  If all 4 then 10%.  If 3 out of 4 then 5%…………..Extra car discount is 25% to lowest premium vehicle if the number of cars excede the number of drivers. (if unlicensed age 15 & up person exists, this is not applicable)…………Senior operator Acc Prevention course 10% for driver - course must be within 36 months.

Vehicles

 

Vehicles

 

Vehicles

 

Unacceptable Vehicles

No performance rated vehicles.  No value over $60,000

Unacceptable Vehicles

No Sports car or Sports premium performance rating.  No value over $60,000.

Unacceptable Vehicles

None - Performance vehicles get surcharged

Restricted Vehicles

None - Everything is acceptable or not acceptable.

Restricted Vehicles

None - Everything is acceptable or not acceptable.

Restricted Vehicles

None - Performance vehicles get surcharged

Motor Home Rating

No - Cannot write a motor home

Motor Home Rating

No - Cannot write a motor home

Motor Home Rating

No - Cannot write a motor home

Travel Trailer Rating

Yes - Get current value - 6 mo rate is .0058 on comp & .0062 on collision -                                                                                  $100 deductible comp and $250 deductible collision.                     No other deductibles

Travel Trailer Rating

Yes - Get current value - 6 mo rate is .0058 on comp & .0062 on collision -                                                                                  $100 deductible comp and $250 deductible collision.                     No other deductibles

Travel Trailer Rating

Yes - Get current value - 6 mo rate is .0058 on comp & .0062 on collision -                                                                                  $100 deductible comp and $250 deductible collision.                     No other deductibles

Other Trailer Rating

Yes - Get current value - 6 mo rate is .0058 on comp & .0062 on collision -                                                                           $100 deductible comp and $250 deductible collision.                          No other deductibles

Other Trailer Rating

Yes - Get current value - 6 mo rate is .0058 on comp & .0062 on collision -                                                                           $100 deductible comp and $250 deductible collision.                        No other deductibles

Other Trailer Rating

Yes - Get current value - 6 mo rate is .0058 on comp & .0062 on collision -                                                                           $100 deductible comp and $250 deductible collision.                        No other deductibles

Conversion Van Rating

Determine price new of van plus the conversion package.  Use the price new-symbol guide to determine symbol.  Enter symbol in priority rating.

Conversion Van Rating

Determine price new of van plus the conversion package.  Use the price new-symbol guide to determine symbol.  Enter symbol in priority rating.

Conversion Van Rating

Determine price new of van plus the conversion package.  Use the price new-symbol guide to determine symbol.  Enter symbol in priority rating.

Pickup Topper Rating

Determine price new of pickup and topper.  Use the price new-symbol guide to determine symbol.  Enter symbol in priority rating.

Pickup Topper Rating

Determine price new of pickup and topper.  Use the price new-symbol guide to determine symbol.  Enter symbol in priority rating.

Pickup Topper Rating

Determine price new of pickup and topper.  Use the price new-symbol guide to determine symbol.  Enter symbol in priority rating.

Other Vehicle Items

 

Other Vehicle Items

 

Other Vehicle Items

 

Policy Term/Payments

 

Policy Term/Payments

 

Policy Term/Payments

 

Policy Term

12 months - if children in Standard - still 12 mo

Policy Term

12 months - if children in Standard - still 12 mo

Policy Term

6 months - if parents elite or ultra - then 12 mo 

Billed Payments Available

Annual payment - no fees……equal 6 month payments 50% each plus $6 fee on second payment…...40% down & 3 equal payments plus $6 fee on each - no fee on initial downpayment……25% down and balance billed in 10 monthly installemtns - $6 fee on billed payments - no fee on initial downpayment

Billed Payments Available

Annual payment - no fees……equal 6 month payments 50% each plus $6 fee on second payment…...40% down & 3 equal payments plus $6 fee on each - no fee on initial downpayment……25% down and balance billed in 10 monthly installemtns - $6 fee on billed payments - no fee on initial downpayment

Billed Payments Available

Paid in full for 6 months - no fees…… 2 equal payments 50% each plus $6 fee on second payment…...40% down & 3 equal monthly payments plus $6 fee on each - no fee on initial downpayment

EFT Payments Available

 

EFT Payments Available

 

EFT Payments Available

 

Credit Card Payment Available

No

Credit Card Payment Available

No

Credit Card Payment Available

No

App Binding Requirement

Application sent in within 24 hours of the effective date

App Binding Requirement

Application sent in within 24 hours of the effective date

App Binding Requirement

Application sent in within 24 hours of the effective date

Claim Reporting Procedure

Agent completes claim report - fax to company at 1-952-417-7075

Claim Reporting Procedure

Agent completes claim report - fax to company at 1-952-417-7075

Claim Reporting Procedure

Agent completes claim report - fax to company at 1-952-417-7075