The Commissioner of Insurance, by Commissioner's Order No. 96-1362, Docket No. 2253 has adopted amendments to the Texas Automobile Rules and Rating Manual (the Manual), Rate Section IV., Rule 77.A.3., Exception (Motorhome). In order to correct inequities in the rating of motorhomes, two steps are taken: (1) the rate reduction factor is capped at the stated amount value of $200,000 so that increasing motorhome values above $90,000 will result in increasing - not decreasing - premiums; and (2) rating for motorhomes valued from $90,000 to $199,999 is revised. The amendments are shown on the reverse side of this page.
The amendments were adopted to become effective January 28, 1997, which is the 60th day after publication of the notification of the Commissioner's action in the Texas Register.
David P. Durden
Deputy Commissioner
Property and Casualty Insurance Lines
A copy of the attachment may be obtained by calling the Chief Clerk's office at 512-463-6326.