What are the filing requirements for a phase-in rating plan in lieu of the January 1, 2008 effective date?
A. The phase-in plan should include dates for the factor development, programming, testing, and implementation, not to exceed the timeframe set for January 1, 2009 for full implementation. Q. In preparation for our mobile home program rate filing, which will include discounts and credits for certain rating factors to mitigate windstorm damage, we had the following questions: Do the discounts, credits or other rate differentials for any fixtures or construction techniques for residential or commercial property, under item A. of Section 3: Credits and Discounts of proposed regulation R69-66, also apply to mobile homes? We are aware that item D. of Section 3 states that discounts, credits or other rate differentials must be provided for mobile homes, but wanted to confirm that only the American Society of Civil Engineers Standard ANSI/ASCE 7-88 compliance items will apply to our mobile home program. A. No, it states in section (D) that compliance with all appropriate tie-down requirements
Related Questions
- In light of the January 1, 2008 effective date, how is this reconciled with the phase-in of a rating plan over a period of years?
- What are the filing requirements for a phase-in rating plan in lieu of the January 1, 2008 effective date?
- Who is responsible for filing the claims with a fee-for-service plan?
