All forms of automobile insurance are essentially risk distribution of some sort. (carinsurancequote.net)
In combination, these characteristics create an unpredictable risk distribution for small - cap stocks, and the same traits contribute to their frequently being mispriced. (researchaffiliates.com)
That is to say that understanding automobile insurance will also require understanding the factors that motivate any given insurer and how risk distribution works on a fundamental level. (carinsurancequote.net)