Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 134.00 - Safe Driver Insurance and Merit Rating Plans
Section 134.10 - Computation of Safe Driver Insurance Plan Surcharges and Credits
Current through Register 1531, September 27, 2024
(1)211 CMR 134.10(2) through 211 CMR 134.10(8) shall be required only for Policies issued during a Fixed-and-established Market.
(2) Information Used for Computation. For Policies Subject to the Safe Driver Insurance Plan. In response to a request from an Insurer for SDIP Information for a Policy subject to 211 CMR 134.00, the Insurer shall use the total number of Surcharge Points or Credit Code for each Listed Operator as reported by the Merit Rating Board to calculate the applicable operator surcharge factor or operator credit factor in accordance with 211 CMR 134.10(3). The Insurer shall use the resulting factor to adjust the Policyholder's premium accordingly.
(3) Operator Surcharge Factor or Operator Credit Factor. For Policies subject to the Safe Driver Insurance Plan, each Listed Operator shall be assigned an operator surcharge factor or an operator credit factor based on the operator's driving history record. The surcharge factor is equal to one plus the product of the total number of SDIP Surcharge Points, calculated pursuant to 211 CMR 134.10(4)(a), and the Surcharge Percentage. The credit factor is equal to one minus either the Excellent Driver Discount or the Excellent Driver Discount Plus, as applicable.
(4) Calculation of Total Operator SDIP Points.
(5) Credit for Incident-free Years.
(6) Operator SDIP Ranges. For Policies Subject to the Safe Driver Insurance Plan, the total number of SDIP points range from 0 to 45. The maximum number of SDIP points is 45.
(7) Policy Experience Period. For Policies Subject to the Safe Driver Insurance Plan, a Surchargeable Incident in the sixth year of the Policy Experience Period (as determined by the Surcharge Date) will not be assigned Surcharge Points. A Surchargeable Incident in the sixth year will prevent an operator from earning an Incident-free Year.
(8) Incarcerated Operators. Notwithstanding any other provision of 211 CMR 134.00, where sufficient information is available, operator credits and surcharges shall be determined in accordance with the provisions of St. 1997, c. 43, § 130.