Page 127 - Policy Wording - Hollard Business Binder (2020-08-26)

R100 2.50%
R100 2.50%
R100 2.50%
R100 2.50%
R100 2.50%
R100 2.50%
R100 2.50%
2.25% 2%
2.25% 2%
2.25% 2%
2.25% 2%
2.25% 2%
2.25% 2%
2.25% 2%
1.75%
1.75%
1.75%
1.75%
1.75%
1.75%
1.75%
Motor
TRAILERS AND CARAVANS
REGION
Free State Metro
VEHICLE VALUE
MINIMUM MONTHLY PREMIUM
up to R250 000
R250 001 – R500 000
R500 001 – R750 000
R750 001 – R1 000 000
Durban/ Pietermaritzburg
South Coast
Cape Town/Boland Metro
Western Cape Rural
Port Elizabeth
East London
3.5.1 Third party only – 45% of comprehensive premium, minimum R50
3.5.2 Third party, fire and theft –
65% of comprehensive premium, minimum R75
Loadings
Loss ratio between 65% and 80% Loss ratio between 81% and 100% Loss ratio between 101% and 150% Loss ratio over 150%
3.6 Special Types
15% 25% 40% 60%
SPECIAL TYPES
VEHICLE VALUE
REGION
MINIMUM MONTHLY PREMIUM
up to R250 000
R250 001 – R500 000
R500 001 – R750 000
R750 001 – R1 000 000
Gauteng
North-West/Limpopo/Mpumalanga Metro
NW/LP/MP Rural
Free State Metro
Durban/ Pietermaritzburg
South Coast
Cape Town/Boland Metro
Western Cape Rural
Port Elizabeth
East London
R100 1.75%
R100 1.75%
R100 1.75%
R100 1.75%
R100 1.75%
R100 1.75%
R100 1.75%
R100 1.75%
R100 1.75%
R100 1.75%
1.50% 1.25%
1.50% 1.25%
1.50% 1.25%
1.50% 1.25%
1.50% 1.25%
1.50% 1.25%
1.50% 1.25%
1.50% 1.25%
1.50% 1.25%
1.50% 1.25%
1.00%
1.00%
1.00%
1.00%
1.00%
1.00%
1.00%
1.00%
1.00%
1.00%
3.6.1 Third party only – 45% of comprehensive premium, minimum R50
3.6.2 Third party, fire and theft – 65% of comprehensive premium, minimum R75
Loadings
Loss ratio between 65% and 80% Loss ratio between 81% and 100% Loss ratio between 101% and 150% Loss ratio over 150%
15% 25% 40% 60%
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Commercial Underwriting Mandates and Guidelines – Binder – Version 2 2020