auto insurance


Auto Insurance Alert!
free download

AAA encourages motorists to be alert to auto insurance fraud 28 Feb 2018 2 minScotland has been issued with the highest weather alert by the Met Office as . round that a red IMPORTANT AUTO INSURANCE ALERT!!! COMPARING ONLINE AUTO INSURANCE QUOTES: Savvy Shopping

Pay-at-the-Pump Auto Insurance
free download

PAY-AT-THE-PUMP is a proposal to replace the current insurance system of lump sum payments for automobile insurance by a mechanism whereby motorists pay for their insurance as they buy fuel for their vehicles. PAY-AT-THE-PUMP has several advantages. It reduces insurance

The moderating effects of switching costs and inertia on the customer satisfaction-retention link: auto liability insurance service in Taiwan
free download

Furthermore, since auto insurance in Taiwan is a homogenous contract1, customers who are lazy or do not want to put forth the necessary effort are strengthened in their desire to save time or avoid new choices, causing customers to remain in their existing transaction

Quantifying search and switching costs in the US auto insurance industry
free download

Consumers making purchases in service categories such as insurance potentially face search and switching costs. On the one hand, incomplete information about the various alternatives necessitates search behavior which could lead to consumers switching from the

Usage-based Auto Insurance (UBI)
free download

Page 2. Table of contents Introduction to Usage-based Insurance (UBI) Market Update Challenges

The relationship between auto insurance rate regulation and insured loss costs: An empirical analysis
free download

This study points out a potential unintended effect of efforts to enhance affordability of insurance prices by regulating rates: It may ultimately lead to higher insurance costs. This is because rate regulation that suppresses insurance prices below competitive levels, or

The effects of rate regulation on the volatility of auto insurance prices: evidence from Canada
free download

Previous studies using US data have found that rate regulation reduces competition, availability of coverage and increases volatility of insurance premiums. This article extends the US literature to the Canadian context to examine whether rate regulation increases

The impact of pay-as-you-drive auto insurance in california
free download

The current lump-sum pricing of auto insurance is inefficient and inequitable. Drivers who are similar in other respects age, gender, location, driving safety record pay nearly the same premiums if they drive five thousand or fifty thousand miles a year. Just as an all-you

Comparative study between auto takaful and auto insurance purchasing behaviour among Malaysian undergraduates
free download

In 1984, the Malaysian insurance industry was liberalized to allow for the introduction of Islamically accepted insurance products known as takaful. Among the popular products was the Islamic auto insurance more commonly known as Islamic auto takaful. Given a choice of

Lower-income households and the auto insurance marketplace: Challenges and opportunities
free download

Auto insurance is important for low-and moderate-income (LMI) households. 2 Nearly all car owners are required by state law to purchase liability coverage, all those financing purchases are required by lenders to have collision and comprehensive coverage, and

Adverse Selection and Moral Hazard in the Dynamic Model of Auto Insurance
free download

We measure risk-related private information and investigate its importance in a setting where individuals are able to modify risk ex-ante through costly effort. Our analysis is based on a model of endogenous risk production and contract choice. It exploits data from multiple

A comparison of underwriting decision making between telematics-enabled UBI and traditional auto insurance
free download

Because of telematics-enabled UBI (usage-based insurance), real driving information can be collected and provided to underwriters. It promises more efficient pricing of risks, with widespread benefits expected to accrue to insurers, consumers and society. From the

Auto Insurance Redlining in the Inner City
free download

NUMBER 25, FALL 2004 the outer ring. Traffic density is considerably higher in the downtown area; the number of accidents per square mile is over four times higher than in the outer ring. The geographic disparity in the number of accidents per vehicle by place of

The False Promise of Government Auto Insurance : Estimating Average Auto Insurance Premiums in Ten Provinces, 2004-05
free download

This study estimates and compares the average cost of personal passenger automobile insurance premiums in each of the 10 Canadian provinces for the years 2004 and 2005. Other studies have examined the price of auto insurance by selectively comparing individual

Estimating claim size and probability in the auto – insurance industry: the zeroadjusted Inverse Gaussian (ZAIG) distribution
free download

This article aims at the estimation of insurance claims from an auto data set. Using a ZAIG method, we identify factors that influence claim size and probability, and compared the results with the analysis of a Tweedie method. Results show that ZAIG can accurately predict

Driver Negligence vs. Odometer Miles: Rival Theories to Explain 12 Predictors of Auto Insurance Claims
free download

This paper challenges accepted explanations for well-established correlations. The correlations allow insurers to assign cars to groups that predict accident and clai
m frequencies per 100 insured car years. 1 Correlations with driver age and regional

How technology can help trim auto insurance
free download

FOR YEARS, drivers paid less for auto insurance if they reported low mileage. Now, insurers are using high-tech devices to track customers habits, and offering deep discounts to those who not only drive less, but also cautiously. In the US, Progressive Corp. and GMAC

Geoanalytics for Improved Risk Segmentation in Auto Insurance
free download

Garaging location is a critical rating variable in determining premiums for private passenger automobile insurance. The area where an insured lives affects not just claims for theft, vandalism, and damage from weather (hail, flood, etc.), but it also influences driving

No fault auto insurance in Florida: Trends, challenges, and costs
free download

The No-Fault Auto Insurance system in Florida is under stress due to rising fraud and abuse that is responsible for higher insurance premiums. The cost to insurers to cover costs associated with rampant no-fault fraud is rising by 70 percent each year, and these costs will