26 or more power units
Written formal safety program that is currently in use.
Written maintenance program and is currently in use
Written minimum hiring standards regarding number of years experience and motor vehicle record
qualifications for drivers.
Written disciplinary policy
Quarterly safety meetings requiring drivers to attend a minimum of two meetings annually
A risk without all five of these components in place will be subject to a debit ranging from 3% to 7%.
A risk with all five of these components plus at least two additional safety practices currently in place will qualify for a credit up to 5%. A risk with all five of these components plus and more than 3 additional safety practices currently in place will qualify for a credit up to 10%.
*Examples of additional safety practices include, but are not limited to:
An accident review committee with driver file documentation and follow-up, a documented and implemented driver incentive program for accident or violation free driving, a driver accident participation agreement where a driver pays a portion of the deductible for any at fault accident and an active membership in an outside safety organization.
Use of road observation services such as:
Drivers Check, Drivers Alert or (1-800-how’s my driving)
f. Dispersion or concentration of Values - Auto Physical Damage only
Are high valued units dispersed or parked in one location susceptible to one cause of loss? Any account with an identified concentration of values greater than $ 250,000 requires a debit of 2%.
g. Loss history
No credit can be given without proper documentation of 3 years minimum prior loss history. Company currently dated loss runs are required; debits may be applied due to no verifiable loss history. Credibility of loss experience improves as the size of the risk increases; adjustments due to loss history will be adjusted differently based on the number of power units in the experience period.
3 year loss ratio
3 to 10 powe
11 to 25 power units
26 power units and over
20 % and less
21 to 30 %
31 to 40 %
41 to 50%
51 to 60%
61 to 70%
71 to 80%
CSE Safeguard Insurance Company
CA underwriting guide 0707