Not exact matches
If reinsurers were playing the game that you claim the
insurance companies are playing, namely, inflating the
perceived risks in order
to increase their profits, then any
insurance company that saw through this game would stand
to benefit by not paying the inflated prices.
Unfortunately, as a new driver, car
insurance companies will
perceive you as a higher
risk to insure, and they will raise your rates accordingly.
Since every
insurance company perceives risk differently, your agent will have
to go around
to each one of them individually
to find the best rate.
Contrary
to believe,
insurance companies consider luxury vehicles
to a have a lower
perceived risk and a higher value.
Since each life
insurance company perceives risk differently we will have
to contact them all individually in order
to find you the best rate.
Since each
insurance company has a slightly different way of evaluating
perceived risk we will need
to contact each one individually
to get you the best rates.
The fact is that as new drivers, teens are
perceived to be a higher
risk for
insurance companies.
Since each life
insurance company assesses
perceived risk in a different way, we will need
to contact all of them individually
to find the one that is right for you.
Car
insurance companies tend
to like this because they
perceive this as a lower
insurance risk for them.
An automobile assigned
risk insurance plan is an auto
insurance plan that is designed
to provide
insurance for drivers who are
perceived as high
risk to insurance companies.
Car
insurance companies categorize drivers into different tiers according
to the
perceived risk of each driver.
In the mind of the consumer is the not so crazy thought that if the life
insurance company is exposing itself
to less
risk (death benefit), so they might be able
to kind of look the other way on the
perceived increased
risk (the health issue).
Life
insurance rates are based on the
perceived risk you pose
to the
insurance company.
Reality: No medical exam life
insurance policies cost more, as the
company tends
to charge higher premium basis the
perceived risk that your health is exposed
to.
Life
insurance rates are based on the amount of
risk the
insurance company perceives you
to be, and the lower the
risk, the lower your premiums will be.
The primary reason for this is because pets have the potential
to cause a great of damage
to a property and its contents, and
insurance companies perceive this as an increased
risk that must be covered.