Not exact matches
These don't move in perfect lockstep, so natively the return
drivers of the
risky components of the assets are 60 - 90 % correlated over the long run (the asset side of correlation, think of how the
cost of capital moves in a correlated way across companies).
Progressive is eyeing a way to offer bigger auto insurance discounts to safe motorists enrolled in its
driver - monitoring program Snapshot, but it would come at the
cost of surcharges penalizing motorists who are
riskier when behind the wheel.
Your monthly
cost for Bemidji car insurance may be higher or lower depending on these and other factors that predict how
risky you are as a
driver.
The premiums are determined by the company's evaluation of how
risky a
driver is, how much it will
cost the company to conduct business and the amount of claims it would have to pay out during the year.
Car insurance does
cost more for younger, less experienced
drivers because they're statistically
riskier to insure, Walker says.
The more accidents and moving violations you have, the
riskier you have proved as a
driver and so the more it will
cost to get insurance.