Schedule Rating

Reflecting unique risk characteristics beyond expected loss experience

Schedule Rating allows carriers to adjust premiums based on individual risk characteristics that are not fully captured through classification or experience rating, such as workplace controls, operational practices, or safety programs. 

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DCRB establishes and maintains the governing rules that ensure schedule rating is applied consistently, objectively, and within approved limits. This balance preserves underwriting flexibility while safeguarding fairness, enabling carriers to reflect true risk characteristics without undermining system integrity. 

Information regarding the Merit Rating Plan and its provisions can be found in Section 5 (Schedule Rating Plan) of the Delaware Basic Manual