Sentences with phrase «what factors insurers»

Robert Passmore, director of personal lines for Property Casualty Insurers Association of America, says that some states set limits on what factors insurers can use in the underwriting process, including marital status and gender.

Not exact matches

He also intends to work with others involved in dealing with epidemics, such as insurers and government officials, to find out what they regard as the most important issues and factor them into his models.

Insurers determine to what degree each factor impacts the frequency and amount of payouts and come up with a formula for calculating a premium based on your characteristics.

Insurers use credit scores as one of the key factors to determine what is known in their world as an insurance score.

Factors such as your lifestyle and driving habits may help determine what discounts you qualify for, depending on the insurer.

In most states, insurers use your credit score as one of the factors in determining what's called your insurance score.

The insurer will probe you to find out what happened and any mitigating factors that can lessen their payout as much as possible.

The following are key factors that auto insurers use to determine the price of your auto insurance and what you can do to keep it as low as possible:

Which insurers offer Single Pay policies really depends on a variety of factors - such as which State you are located in, and What year it is.

In the state of Vermont, insurers use what are known as «price factors» to classify drivers and charge them accordingly.

Year, make and model of a car will frame what levels of coverage you should get and will also be a major factor in how an insurer will determine what it needs to charge you to hedge against its exposure to risk and the possibility of paying claims.

Just a handful of factors that help insurers determine what you'll pay.

Insurers base their rates on numerous factors related to health, so what you pay for your life insurance may not be the same rate a friend your age pays.

Factors such as your lifestyle and driving habits may help determine what discounts you qualify for, depending on the insurer.

It pays to know what factors most insurers use when they assess you so that over time you can choose to act in ways that reduce your premium.

Like most other life insurance products, the cost of whole life insurance is determined by age, health, lifestyle, and other factors that contribute to your placement into what life insurers call a «rate class».

But you should understand what factors most auto insurers consider when evaluating you and developing your premium.

But to understand what it entitles the policy holder, the pricing factor and the impact on insurers, we must delve a bit deeper.

What Factors Do Insurers Consider?

Keep in mind, however, that your insurance score is not the only factor that determines your premium (you can ask your insurer for more details on what the other factors are).

Furthermore, what if other complicating factors in your life — a low credit score, history of making claims, bad crime statistics in your neighborhood — made insurers even more skittish about covering you?

Life insurers consider several different factors when deciding what they will charge you for your life insurance policy.