A system in which points are assigned for traffic violations and certain accidents, and each point adds a percentage surcharge to the rating factor. It is similar to merit rating.
This is a plan for which points are given for traffic violations and certain types of accidents, with each point adding a percentage surcharge to the rating factor that is used for determining rates.
A rating system to determine premium costs based on a driverâ€(tm)s record of accidents and traffic convictions.