Patriot Insurance is committed to managing our book of business in a consistent, stable manner that allows not only us, but also our Agency Partners, to achieve profitable growth. Effective March 1, 2017, we will be making some changes that will aid us in this effort.
In order to provide the most accurate pricing, we are introducing revisions to the rating for the following:
- Not at Fault Losses
- Other than Collision Losses
This change takes into consideration these losses in the overall rating of the policy, and removes Not at Fault Losses from the tiering of an auto policy.
In addition, the following rate change will be made to our auto product on new and renewal business:
- Overall Rate Adjustment: 2.5%
Please contact your Personal Lines Field Manager or your underwriter if you have any questions. As always, we appreciate your business and partnership with Patriot Insurance.
