Sentences with phrase «average claims risk»

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.

As a result of CLEAR, owners of vehicles with a lower than average claims risk, pay less for insurance.

Not exact matches

An FTC study in 2007 confirmed the reliability of scores in predicting claim risk and found, on average, that higher - risk consumers paid higher premiums and lower - risk ones paid lower premiums.

Leaving the EU could put # 250bn of British trade at risk, former chancellor of the exchequer Alistair Darling has claimed, saying negotiating new free - trade deals with key export markets could take an average of six years.

Assertions that the sector has «fulfilled one of its core missions — equity for students — by establishing itself as a primarily urban phenomenon with significant chains of schools that are closing achievement gaps» (Lake, 2013, p. 1) are countered by claims that «charter schools, on average, don't have an academic advantage over traditional public schools, but they do have a significant risk of leading to increased segregation» (Rotberg, 2014, para 2).

Because NYC schools risk receivership and even closure based on test scores, because state test scores are the variable used in awarding free SHSAT preparation, because the city publishes school - wide score averages in its own guidance materials for parents and because NYC School Reports literally center their definition of «great schools» on student test scores, test prep continues to feature prominently in city public school curriculum, beginning as early as kindergarten, no matter how much the mayor publicly claims to «de-emphasize» it.

That means that if you have less than perfect credit, or a claims history, you're still likely an average risk.

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.

For instance, India may not want a big company like Uber to be able to block liability claims by putting some legalese in front of average consumers who aren't able to make a detailed risk - benefit analysis.

While captive insurers may be permitted to refuse insurance to a small percentage of lawyers with very poor claims histories, these programs generally are not at liberty to turn away lawyers considered higher - than - average risk from an underwriting standpoint.

The vital statistics data requested for a free California car insurance quote is used in a detailed risk analysis process based on the average characteristics of people who make car insurance claims.

That means that if you have less than perfect credit, or a claims history, you're still likely an average risk.

It provides several benefits: more accurate insurance pricing, increased insurance affordability, a 10 % reduction in total vehicle mileage, a 12 - 15 % reduction in vehicle crashes and insurance claims (it is particularly effective at reducing crashes because it gives the highest risk motorists the greatest incentive to reduce mileage), consumer cost savings (motorists are predicted to save an average of $ 50 - 100 annually in net insurance costs), and significant reductions in traffic congestion, road and parking facility costs and pollution.

The sum of all of your risk values are then weighted against the average national claims rates of other drivers who share your characteristics.

The sum of these risk values is then weighted against the national claim average of motorists who share your characteristics.

The average auto liability claim in 2013 for damage caused to property was $ 3,231 and for bodily injury was $ 15,443, according to ISO, a division of risk - assessment company Verisk Analytics.

The total sum of these risk values are then weighted against the national claims average of motorists who share similar traits.

Your risk factor is determined by comparing your characteristics against the national claims average for motorists who share similar features.

A high - risk driver is one who auto insurers determined to have a higher than average chance to file for claims; in order to prevent loss, they usually either give these drivers more expensive auto insurance quotes, or refuse to insure them voluntarily.

If your state and zip code have been categorized as high - risk areas, sprouting high incidence of insurance claims, expect to pay more than what is construed as an average fee for your insurance coverage.

You can lower your average rental insurance premium by lowering your risk of making a claim.

It can be difficult to find insurers willing to cover a casino because the risk of a costly claim is higher than average.

Self - dealings by insured agents often carry much higher risks than the typical transaction, with claims for cases involving first - party players paying out, on average, up to five times more than those resulting from standard third - party affairs.