§ 83.25 - Commercial crime insurance rates.

(a) Premium rates for Commercial Crime Insurance Policies for risks shall be determined by reference to the rate charts contained in paragraph (e) of this section. The annual gross receipts shall be determined in accordance with § 83.24(a).

(b) Option 1: An applicant may apply for insurance coverage under Insuring Agreements I, II, III, IV, and VII of the Commercial Policy dealing with Safe Burglary, Theft from Night Depository, and Burglary or Robbery of a Watchman, and Damage resulting from losses under Insuring Agreements I and VII only. Such coverage shall be referred to as Option 1.

(c) Option 2: An applicant may apply for insurance coverage under Insuring Agreements V, VI, VII, and VIII of the Commercial Policy dealing with Robbery and Observed Theft inside and outside the premises and Damage resulting from losses under Insuring Agreements V and VI only. Such coverage shall be referred to as Option 2.

(d) Option 3: An applicant may apply for insurance coverage under all of the Insuring Agreements I, II, III, IV, V, VI, and VII of the Commercial Crime Insurance Policy. This Option provides for uniform as well as varying limits of coverage under Option 1 and 2 but only in the same policy. Both Options 1 and 2 must be applied for at the same time. If one of the options has been selected the other option may be added upon a renewal or upon an endorsement of the original policy. A discount will be provided for Combined Coverage, Option 3.

(e) The following tables shall be used to determine rates for commercial risks:

Federal Crime Insurance Program, Commercial Crime Insurance Rates, 1991Amount of -insuranceGross receiptsLess than $100,000Option12$100,000-$199,999Option12$200,000-$299,999Option12$300,000-$499,999Option12$500,000-$999,999Option12$1,000,000 or greaterOption12Annual Premiums, Class 11,000901371352061352061802742253433605482,0001652452473682473683294904126136599813,00023935335953035953047970759988495814144,0003094524636784636786179047721130123518085,00035151152776752776770210228781278140420446,00038356257584357584376711239591404153422477,000403596605894605894806119210081490161323848,000421633632949632949842126610531582168525329,0004286446439666439668571288107116101714257610,000441669661100366110038821337110216711764267411,000474729711109371110939491458118618221897291512,000500778749116774911679991556124919451998311313,0005118017671202767120210221603127820042045320614,0005188147761221776122110351628129420342070325515,00052582678712397871239104916521312206520993304Annual Premiums, Class 21,0001081641622471622472163292704114326582,00019829429644129644139558949473679111773,0002874244316364316365758487181060114916974,00037054355681455681474110859261356148221705,000421613632920632920842122610531533168524536,00046067469010116901011920134811501685184026967,00048471572610737261073968143012101788193528618,000505760758113975811391011151912641899202230389,0005147737711159771115910281545128519322056309110,0005298027941203794120310581605132320062117320911,000569875854131285431211381749142321872277349812,0005999348991401899140111991868149923342398373513,0006139629201443920144312271923153424042454384714,0006219779321465932146512421953155324412484390615,00063099194414879441487125919831574247825193965Annual Premiums, Class 31,0001211711822571822572433433044284866852,00022230733446033446044561355676688912263,0003234424856634856636468848081105129317674,000417565625848625848833113010421413166722615,000474639711958711958948127811851597189525556,000518702776105377610531035140412941755207028097,000544745816111781611171089149013611862217729808,000569791853118785311871137158214221978227431659,0005788058681207868120711571610144620122313322010,0005958368931254893125411911671148820892381334311,0006409119601367960136712811822160122782561364412,000674973101114591011145913491945168624322697389113,0006901002103515031035150313802004172525052760400714,0006991017104815261048152613972034174725432794406915,00070810331063154910631549141720651771258228334131Annual Premiums, Class 41,0001311781962671962672613563264455227122,00023931935847835847847863859779795512753,0003474595216895216896949198681149138918384,000448588671882671882895117511191469179023515,0005096647639967639961018132912721661203626576,000556730834109583410951112146013901826222429217,000585775877116287711621169154914621937233930998,000611823916123491612341221164615272057244332919,0006218379321256932125612421674155320932485334810,0006398699591304959130412791738159921732558347711,000688947103214211032142113751895171923692751379012,0007241012108615171086151714492023181125292897404613,0007411042111215631112156314822084185326052965416814,0007501058112615871126158715012116187626453002423215,00076110741141161111411611152221481902268530434296Annual Premiums, Class 51,0001351852032772032772703703384625407402,00024733137149737149749466261882898813243,0003594775397165397167189548981193143619094,000463610695916695916926122111581526185224415,000527690790103579010351053138013161725210627596,000575758863113786311371150151714381896230030337,000605805907120790712071210160915122011241932188,000632854948128294812821264170915802136252734189,0006438699641304964130412851739160721732570347710,0006629039921354992135413231805165422562646361011,000711984106714761067147614231968177924602846393612,0007491051112415761124157614992101187326262997420213,0007671082115016231150162315342164191727053067432814,0007761099116416481164164815532197194127473105439415,00078711151181167311811673157422301968278831484461Annual Premiums, Class 61,0001771902662852662853543794434747097592,000324340486509486509649679811849129713593,00047149070773470773494397911781224188619584,0006086269129399129391216125215201565243125055,00069170810371062103710621382141517281769276428316,00075577811321167113211671510155618871945302031127,00079482511911238119112381588165119852063317633028,00082987712441315124413151659175320732192331735069,000844892126513381265133816871784210922303374356710,000868926130213891302138917371852217123153473370411,0009341009140115141401151418682019233525243736403812,0009841078147516171475161719672156245926943934431113,00010071110151016651510166520132220251627754026444014,00010191127152816911528169120382254254728184076450815,000103311441550171615501716206622882583286041334577Option 1: Burglary only.Option 2: Robbery only.Option 3: A combination of coverages under options 1 and 2 in uniform or varying amounts. The premium for option 3 is the sum of the rates for amounts of coverage selected under options 1 and 2.Discounts on these rates are afforded for businesses with alarm systems/safes. A discount of 10% is given for policies with option 3.

(f) If the premises are protected by an acceptable burglar alarm system, class E safe, supervised safe alarm system, holdup alarm or armored car service, premium discounts shall be permitted as follows:

I. BURGLARY CREDITS Premises Alarm SystemCodeSafe AlarmedClass E or betterOther/safeSafe Not AlarmedClass E or betterOther/noneE None.80.95.851.00D Local or Silent *.70.75.75.90C Central Station wo/Guard.65.75.70.80B Central Station w/Guard/Keys.60.70.65.75A Central Station (UL) Approved.55.65.60.70* Professionally installed with maintenance. Note:

Multiply the burglary premium by the appropriate factor.

II. ROBBERY CREDITS Protection ServiceHold up buttonsArmored carNoneYes0.850.90No.951.00 Note:

Multiply the robbery premium by the appropriate factor.