An insurance rate that differs from the rate suggested by the rating bureau. In states that require approval of the rate (prior approval states) an insurance company will not be able to show the deviated rate immediately.
Related information about deviated rate:
- What is deviated rate? definition and meaning
Definition of deviated rate: An insurance rate that differs from the rate suggested by the rating bureau. In states that require approval of the rate (prior approval ...
- Deviated Rate - Definition of the Insurance Term Deviated Rate
Deviated Rate - Companies that adhere to rates promulgated by a bureau sometimes offer lower rates than those recommended in certain areas. The company ...
- My Workers Comp Advisory Rate Semi-rant - Workers Compensation
Nov 15, 2012 ... The deviated rate may also be called a LCM or Loss Cost Multiplier. ... Insurance carriers can file a different deviated rate every year or under ...
- rate Definition | Business Dictionaries from AllBusiness.com
In an open competition state, a company does not need approval for a deviated rate. In a file-and-use state, a company can use a deviated rate without approval, ...
- Bulletin to Insurers Regarding Title Insurance Requirements for ...
Apr 30, 2012 ... The filed rate and premium and the deviated rate and premium; 2. The effective date of ... A record of the deviated rate development. (b) Prior to ...
- WAC 284-34-220 - Access Washington
(8) A deviated rate may be in effect for a period no longer than the experience period ... (9) A deviated rate may be used only by the insurer that filed the rate.
- Credit Insurance - INS 1200 - NH.gov
Jan 5, 2010 ... related deviated rate will need to change as of that date. Questions related to this bulletin shall be addressed to David Sky, Life, Accident and ...
- RULE CHAPTER 220 - Maine.gov
(1) When an upward or downward deviation applies, single premium and single charge rates equivalent to the deviated rate are to be computed with the ...