Thank you for your continued support of Frankenmuth Insurance.  As you are certainly aware, it is our on-going goal to work closely with you to grow mutually profitable personal lines business.   

To help us achieve this goal we are making the following adjustments to our automobile line which will be effective July 1, 2014: 

•         Coverage Base Rates:   Coverage Base Rates are being revised as follows:   
•    Bodily Injury                                                                  4.1%
•    Property Damage                                                           5.6%
•    Personal Injury Protection                                               5.7%
•    PPI                                                                               3.8%
•    Other than Collision                                                        8.7%
•    Collision                                                                         8.6%
•    Uninsured Motorists                                                        2.0%
•    Underinsured Motorists                                                    2.0% 
•    Overall Base Rate Adjustment                                         6.4%                                     

•       Insurance Score Relativities:   We are decreasing our discount factors on low and medium insurance score tiers #101 – #230.
•      Other than Collision Deductibles:  The base deductible has been adjusted to $250.  We increased the factors for deductible limits lower than $250, leading to more competitive premiums for those insureds electing an Other than Collision deductible of $250 and greater.  We encourage you to quote your customers with a higher deductible option to reap additional premium savings. 
•      Collision Deductibles:  We increased the Collision deductible factors for deductible limits below $500.  Please consider quoting your customers with collision deductibles of at least $500 to obtain greater savings.    
•      Territory Adjustments:  You will now find geographic areas which will deviate up or down from the overall rate change based on territory loss experience.  Please consult with your Personal Lines Field Manager on specific changes in your area. 
•      Other Changes:  Based on overall loss experience, we increased the rating relativity on driver’s age 70+ by 5%. 

We are confident you will find these changes will assist you in improving your personal lines auto book of business with Frankenmuth Insurance – improving our mutual profitability.  If you have any questions regarding these changes, please contact your Personal Lines Field Manager, Personal Lines Underwriter, or me. 

            Thanks for thinking of Frankenmuth.