The Commissioner of Insurance by Commissioner's Order No. 03-0088, has adopted amendments proposed by Staff to Rule 74.D. in the Texas Automobile Rules and Rating Manual (the Manual) in regard to the multi-car discount. The order adds a provision to Manual Rule 74.D. to allow for the expansion of the multi-car discount on an optional basis to include autos assigned to certain classes of drivers in addition to those specified in the current mandatory multi-car discount provisions. Specifically, autos assigned to any or all of the youthful operator classes may be used to qualify other autos for the discount and/or may receive the discount. Under the amended rule, autos assigned to business use operators will remain ineligible to receive the optional multi-car discount. However, autos assigned to business use operators will continue to qualify other autos for the current mandatory discount as well as for the optional discount. The entire discount (both the mandatory and the optional portions) will apply to all autos that meet the rule's eligibility and ownership requirements, if such autos are covered with one company, regardless of whether the coverage is through more than one policy. Other changes are editorial in nature, including changing the current title from "Two or more autos credit" to "Multi-car discount."
The amendments were adopted to become effective April 15, 2003, which is 60 days after publication of the Commissioner's action in the Texas Register.
A copy of the Order including amended Rule 74.D. is available on our web site at: http://www.tdi.state.tx.us/orders/co030088.html
Questions regarding this bulletin may be directed to Grover Corum, Manager, Automobile/Homeowners Division at 512-322-3430 or Grover.Corum@tdi.state.tx.us.
Marilyn Hamilton, Associate Commissioner
Property & Casualty Program MC 104-PC
For further information, please contact .
Texas Department of Insurance
Created 2-14-2003