physical damage insurance

Fitting insurance to the operator — trends in usage-based pricing

If you missed a feature about insurance costs I wrote for the August edition of Overdrive, it contained a brief item relative to how insurance companies determine customer risk -- and as a result of that risk determination, premium rate pricing. Canal Insurance Chief Underwriting Officer Paul Brocklebank made brief mention in the piece about the fact that the consumer auto insurance industry writ large is moving toward more frequent rate updates, utilizing GPS and other vehicle ...

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