Rates & Forms

Insurance Sub-term

Changes to Health Insurance Rates & Forms Filing Fees

Effective January 1, 2014 the filing fee for all Health related filings have increased from $50.00 to $150.00. To view the statutory changes please click on the following links.

Liquor Liabililty

Vermont Mandated Reporting (Liquor Liability Report)
Part of the Vermont Annual Statement Instructions

Rates and Forms

The Rates and Forms section is responsible for reviewing and approving insurance company filings for products and pricing. The section serves to protect consumers by ensuring that filings comply with Vermont's laws, regulations and bulletins.  In addition, the section serves as a technical resource for consumers, industry and other interested parties.

Vermont Price Monitor Report

Chapter 128 of Title 8, Vermont Statutes Annotated, requires insurance companies doing business in Vermont to submit rate information to the Department of Financial Regulation in order to monitor competition.

Reporting Requirements

Annual Insurer Reporting Requirements

Below is a list of reporting requirements.  Please click on the links below to access instructions for completion and submission of these reports.

Certification Statement

Per Regulation I-2010-03 Section 6 G(1)

Certification: The filer must certify using the following language that the filing has been properly completed and is in compliance with all applicable Vermont laws, regulations and policies:

Certification statement: "I certify that the attached filing has been completed in accordance with Vermont Regulation I-2010-03 and is in compliance with all applicable Vermont laws and Regulations."

Below is a complete list of Sub TOI's that must submit the above Certification statement:

Consent to Rate

Consent to Rate Procedures

For information regarding a Consent to Rate Application Reference:

The completed application must have the following information:

Requirements for Mid-Term Cancellations

 Per Title 8:  §3879-3883 / Fire & Casualty and §4711 / Property & Casualty policies, mid-term cancellations must be submitted to the insurance commissioner for approval.  All mid-term cancellation requests must have the following information:

Health Insurance Rate Review

In Vermont, insurance carriers are required by law to submit their proposed rates in a filing to the Division of Rates and Forms for review and approval.  Insurers must justify why an increase is warranted and they can’t apply any increase in rates until they have been approved by the division.

Compliance Certification & Certification Checklist

Beginning on February 1, 2011 the Vermont Insurance Division will require most commercial lines filings to be accompanied by a signed certification and checklist stating that the filing is in compliance with all applicable Vermont laws, regulations and policies.