Safety Insurance Revised Auto Insurance Filing

We received a memo from Safety Insurance itemizing their revised private passenger automobile rate filing - Revised November 27, 2007

Per Safety's memo:

With this revision more than 87% of all drivers will see a rate decrease. Safety's revised rate filing will provide your agency with an extremely competitive private passenger automobile product that includes the following:

• Account credit of 10%
• Multi-Car Discount of 10%
• NEW! Loyalty/Renewal Discount now increased to 8%
• NEW! Hybrid Vehicle Discount of 10%
• NEW! Good Student Discount of 10%
• NEW! Student Away at School Discount of 10%
• The "Safety Shield", a broad coverage enhancement endorsement
• Auto Loan/Lease Gap coverage endorsement
• Merit Rating Plan enhancements include SDIP Step 99 credit increase from 17% to 25%, SDIP Step 98 credit increase from 7% to 15% and (NEW!) reduced surcharge factors for operators with 1, 2 or 3 SDIP steps from 15% to 10% for each step.

Starting April 1 2008, Safety will begin offering a combined billing option for policyholders that wish to have all of their Safety Insurance policies combined onto a single bill.