Page 122 - Commercial - Underwriting Mandates & Guidelines Binder

Motor
COMMERCIAL VEHICLES (LDV'S)
REGION
VEHICLE VALUE
R350 001 – R400 000
R450 001 – R500 000
R500 001 – R550 000
R550 001 – R600 000
R600 001 – R650 000
R650 001 – R700 000
Gauteng
North-West/Limpopo/ Mpumalanga Metro
NW/LP/MP Rural
Free State Metro
Durban/Pietermaritzburg
South Coast/North Coast
Cape Town/Boland Metro
Western Cape Rural
Port Elizabeth
East London
8.50% – 7.75%
8.50% – 7.70%
8.50% – 7.65%
8.50% – 7.60%
6.75% – 6.50%
5.75% – 5.50%
8.25% – 7.65%
8.25% – 7.60%
8.25% – 7.55%
8.25% – 7.50%
7.15% – 6.65%
7.15% – 6.60%
7.15% – 6.55%
7.15% – 6.50%
5.00% – 4.75%
4.00% – 3.75%
7.00% – 6.30%
7.00% – 6.25%
7.00% – 6.20%
7.00% – 6.15%
8.00% – 7.35%
8.00% – 7.30%
8.00% – 7.25%
8.00% – 7.20%
6.25% – 6.00%
5.25% – 5.00%
7.95% – 7.00%
7.95% – 6.95%
7.95% – 6.90%
7.95% – 6.85%
7.00% – 6.55%
7.00% – 6.50%
7.00% – 6.45%
7.00% – 6.40%
4.75% – 4.50%
3.75% – 3.50%
6.95% – 6.25%
9.95% – 6.20%
6.95% – 6.15%
6.95% – 6.10%
7.95% – 7.25%
7.95% – 7.20%
7.95% – 7.15%
7.95% – 7.10%
6.00% – 5.75%
5.00% – 4.75%
7.75% – 6.95%
7.75% – 6.90%
7.75% – 6.85%
7.75% – 6.80%
6.95% – 6.35%
6.95% – 6.30%
6.95% – 6.25%
6.95% – 6.20%
4.50% – 4.25%
3.50%
6.75% – 6.05%
6.75% – 6.00%
6.75% – 5.95%
6.75% – 5.85%
7.75% – 7.05%
7.75% – 7.00%
7.75% – 6.95%
7.75% – 6.90%
5.75% – 5.50%
4.75% – 4.50%
7.50% – 6.75%
7.50% – 6.70%
7.50% – 6.65%
7.50% – 6.60%
6.75% – 6.00%
6.75% – 5.95%
6.75% – 5.90%
6.75% – 5.85%
4.25% – 4.00%
3.50%
6.50% – 5.55%
6.50% – 5.50%
6.50% – 5.45%
6.50% – 5.40%
7.50% – 6.95%
7.50% – 6.90%
7.50% – 6.85%
7.50% – 6.80%
5.50% – 5.25%
4.50% – 4.25%
7.25% – 6.65%
7.25% – 6.60%
7.25% – 6.55%
7.25% – 6.50%
7.25% – 6.75%
7.25% – 6.70%
7.25% – 6.65%
7.25% – 6.60%
5.25% – 5.00%
4.25% – 4.00%
7.15% – 6.45%
7.15% – 6.40%
7.15% – 6.35%
7.15% – 6.30%
COMMERCIAL VEHICLES (LDV'S)
VEHICLE VALUE
REGION
R700 001 – R750 000
R750 001 – R800 000
R800 001 – R900 000
R900 001 – R1 000 000
Gauteng
North-West/Limpopo/ Mpumalanga Metro
NW/LP/MP Rural
Free State Metro
Durban/Pietermaritzburg
South Coast/North Coast
Cape Town/Boland Metro
Western Cape Rural
Port Elizabeth
East London
3.2.1 Third party only – 45% of comprehensive premium, minimum R150
3.2.2 Third party, fire and theft – 65% of comprehensive premium, minimum R200
Loadings
Toyota LDV's and Fortuner
Mini bus/Combi type vehicle Performance vehicles
Loss ratio between 65% and 80% Loss ratio between 81% and 100% Loss ratio between 101% and 150% Loss ratio over 150%
25% 25% 25% 15% 25% 40% 60%
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Commercial Underwriting Mandates and Guidelines – Binder – Version 4 2022