Sentences with phrase «average claim»

Average claim amounts have been on the rise over the past decade, as we show in this table below.
From 2007 to 2012, average claims for medical expenses, lost wages, and other out - of - pocket expenses related to auto accidents grew 8 % per year.
The parameters built into the formula are average claims cost for each class of vehicle, frequency of claims for each class of vehicle and Cost Inflation Index for year of review.
The administration wants to make available names of employers who experience higher than average claims in a given year.
These factors help insurers form a composite look at their customers, and evaluate which ones are most likely to cost them money through higher - than - average claims rates.
Additionally, areas with above average claims are typically priced higher.
Other diseases with high average claim size during the year included heart valve replacement (Rs 3,44,560), stroke (Rs 1,71,273), myocardial infarction (Rs 2,44,620), end - stage renal failure (Rs 38,491) and major organ failure (Rs 1,10,725), the insurer said.
Figure 1 Homeowners Insurance Claim Trends, Colorado Average Claim Payment per Insured Home, All Policy Forms Combined
The company received a total of 14,876 death claims in the year and it settled 13,303 claims with average claim amount at Rs. 229,572.
Our study showed that, among insolvent homeowners, brokerage based mortgage market lenders have the highest average claims of all lending groups.
Average claim paid out between 1/07/12 - 30/06/15.
A lower average claims processing time also tells us that the life insurance company is not solely focussed on getting sales but also ensures genuine service during the «moment of truth», i.e. when there is a death claim.
Honda's Odyssey minivan has the lowest average claim per wreck.
And I think our review that was done as well as that done by our external auditors have focused on looking at average claim cost as opposed to looking at normal loss development methods.
As a result of CLEAR, owners of vehicles with a lower than average claims risk, pay less for insurance.
Other holidays with high vandalism claim numbers are July Fourth and New Year's Day, while Thanksgiving and Christmas have below - average claim numbers.
For example, even though New York ranked third among pet bite - related claims in 2014 (at 965, versus California's 1,867), it had the highest average claim figure, at $ 56,628.
Average claims severities were also higher in 2015 for property damage and collision coverages (four to five percent range), bodily injury coverage (six to seven percent range) and PIP coverage (two to four percent range).
According to an IRDAI circular dated April 15, premiums will be decided based on several factors, including average claims, frequency of claims and inflation.
Our Thoughts: We consider Allstate to be a middle - of - the - road insurance company due to its high rates and average claims satisfaction ratings.
The successful candidate must be able to set up rules which will result in securing an average proportion of good risks in order to keep average claims cost low and to enable the company to offer insurance at a lower net cost.
I am not surprised provided with the fact that average claim amount settled by LIC is only Rs. 2 Lacs.
Average claim size for four wheelers is Rs 30,000 while for two wheelers is Rs 7,000.
Mr. Silverstein went on to say that, «Claims are most frequently reported by Listing Brokers, and that claims involving dual agency have the highest average claims payments and reserves.»
It might be more helpful to compare some typical policy claims in Arkansas with average claims in the entire country.
Average claim processing time was six business days.
Also known as non-standard car insurance, high risk auto insurance is a specialized type of coverage intended for drivers who represent an above - average claims risk.
Among those who itemize deductions, the average claimed was $ 27,053 in 2015.
Among those who do, the average claimed for 2014 was $ 27,447.
The average claim in this affluent group was of about $ 12,300.
In 37 appearances, the Manchester United keeper recorded 11 clean sheets, averaging 2.11 saves per game and registered an average claim success of 94 %.
The Chelsea stopper, in 32 appearances, registered 12 clean sheets, averaged 1.91 saves per game and boasts an average claim success of 100 %.
When you look at the improvement he has made in weaker areas, his average claim success this season is 99 % (Courtois is at 85 %).
An excellent shot - stopper, Courtois — whose future has come under the spotlight in recent weeks — has an average claim success rate of 97 % in the Premier League this season.
However, if you revisit the stats from Chelsea's 2014/2015 season, Courtois conceded less than a goal per game and his average claim success was 100 %.
Puzzling is the fact that the average claim amount for at - fault accidents went up $ 270, even when the number of crashes themselves went down.
If a car scores well, that indicates lower than average claims have been incurred, which means fewer injuries.
«Leading» the pack is the Dodge Viper (above) with an average claim of more than $ 26,000 per accident.
The average claim payment for injuries to motorcyclists has risen 40 percent since Michigan weakened its helmet law six years ago.
0 - 100 km / hr comes up in just 6.1 seconds while returning an average claimed fuel - efficiency of 15.34 km / l.
The average claim for cases of theft is around $ 1,900 from Allstate.
Advocates of dollar - cost averaging claim it's a good risk - reduction tool because tiptoeing in a bit at a time reduces the chance that you'll put all your money into stocks just before the market slumps.
White says that there are a lot of things that go into determining an area's car insurance premium but it all comes down to the average claims costs of the area.
The average claim amount is $ 277.70.
In contrast, the average claim amount for treating dental - related disease was $ 214.
In 2016, the average claim amount for pet teeth cleaning and polishing was $ 178.
In 2014, the average claim amount for pet teeth cleaning was $ 171.

Phrases with «average claim»

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