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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/218120
Household Refundable Utility by taking out refundable insurance: Empirical study in the Spanish auto insurance market
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Abstract
This study investigates the expected benefits for Spanish households if they choose to purchase a refundable insurance policy that covers the deductible in the event of vehicle accidents. Using data obtained from the Spanish Survey of Household Finances alongside market data, this paper provides valuable empirical insights concerning the impact of refundable insurance policies on the overall expected utility of households (referred to as Household Refundable Utility) both from a technical-actuarial and a microeconomic point of view.
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CLARAMUNT BIELSA, M. Mercè, et al. Household Refundable Utility by taking out refundable insurance: Empirical study in the Spanish auto insurance market. Economics Letters. 2024. Vol. 241, num. 111819, pags. 1-4. ISSN 0165-1765. [consulted: 14 of June of 2026]. Available at: https://hdl.handle.net/2445/218120