ISO Symbols are the industry-standard vehicle rating solution, built on an extensive inventory of vehicle characteristics and loss experience. ISO Symbols are advisory. Insurers can use the rating relativities as-is or adjust them to fit their unique needs and experience.
Symbols are numeric representations of a vehicle’s relative propensity for loss. Symbols are based on the retail price of each vehicle and then examined against actual loss experience for that vehicle for further refinement and to develop more accurate premiums.
Used to develop premiums for physical damage coverages, including comprehensive and collision policies
Based on actual loss experience and physical characteristics such as curb weight and framework