W. Va. Code R. agency 115, tit. 115, ser. 115-01, app C

Current through Register Vol. XLI, No. 50, December 13, 2024
Appendix C

STATE OF WEST VIRGINIA

COAL MINE SUBSIDENCE RATES

EFFECTIVE AUGUST 1, 2021

THE FOLLOWING ANNUAL PREMIUM RATES PER STRUCTURE HAVE BEEN APPROVED BY THE WEST VIRGINIA INSURANCE COMMISSIONER:

AMOUNT OF COAL MINE SUBSIDENCE INSURANCE ON THE STRUCTURE

PREMIUM DWELLING STRUCTURE

PREMIUM

NON-DWELLING (1) STRUCTURE

$10,000 or LESS

$5.00

$10.00

$10,001 to $15,000

$6.00

$12.00

$15,001 to $20,000

$7.00

$14.00

$20,001 to $25,000

$8.00

$16.00

$25,001 to $30,000

$9.00

$18.00

$30,001 to $35,000

$10.00

$20.00

$35,001 to $40,000

$11.00

$22.00

$40,001 to $45,000

$12.00

$24.00

$45,001 to $50,000

$13.00

$26.00

$50,001 to $55,000

$14.00

$28.00

$55,001 to $60,000

$15.00

$30.00

$60,001 to $65,000

$16.00

$32.00

$65,001 to $70,000

$17.00

$34.00

$70,001 to $75,000

$18.00

$36.00

$75,001 to $80,000

$19.00

$38.00

$80,001 to $85,000

$20.00

$40.00

$85,001 to $90,000

$21.00

$42.00

$90,001 to $95,000

$22.00

$44.00

$95,001 to $100,000

$23.00

$46.00

$100,001 to $105,000

$24.00

$48.00

$105,001 to $110,000

$25.00

$50.00

$110,000 to $115,000

$26.00

$52.00

$115,001 to $120,000

$27.00

$54.00

$120,001 to $125,000

$28.00

$56.00

$125,001 to $130,000

$29.00

$58.00

$130,001 to $135,000

$30.00

$60.00

$135,001 to $140,000

$31.00

$62.00

$140,001 to $145,000

$32.00

$64.00

$145,001 to $150,000

$33.00

$66.00

$150,001 to $155,000

$34.00

$68.00

$155,001 to $160,000

$35.00

$70.00

$160,001 to $165,000

$36.00

$72.00

$165,001 to $170,000

$37.00

$74.00

$170,001 to $175,000

$38.00

$76.00

$175,001 to $180,000

$39.00

$78.00

$180,001 to $185,000

$40.00

$80.00

$185,001 to $190,000

$41.00

$82.00

$190,001 to $195,000

$42.00

$84.00

$195,001 to $200,000 (2)

$43.00

$86.00

NOTE: (1) A NON-DWELLING STRUCTURE IS DEFINED, FOR RATING PURPOSES, AS A BUILDING THAT IS NOT USED PRINCIPALLY FOR RESIDENTIAL PURPOSES OR WHICH HOUSES MORE THAN FOUR FAMILY UNITS.

(2) $200,000 IS THE MAXIMUM AMOUNT OF INSURANCE REINSURED BY THE WEST VIRGINIA COAL MINE SUBSIDENCE FUND.

W. Va. Code R. agency 115, tit. 115, ser. 115-01, app C