Near‐miss telematics in motor insurance

Vista senzilla d'ítem
dc.contributor.authorGuillén, Montserrat
dc.contributor.authorNielsen, Jens Perch
dc.contributor.authorPérez Marín, Ana María
dc.date.accessioned2022-02-16T13:45:12Z
dc.date.available2022-02-16T13:45:12Z
dc.date.issued2021-05-10
dc.date.updated2022-02-16T13:45:12Z
dc.description.abstractWe present a method to integrate telematics data in a pay-how-you-drive insurance pricing scheme that penalizes some near-miss events. We illustrate our method with a sample of drivers for whom information on near-miss events and claims frequency records are available. We discuss the implications for motor insurance ratemaking. Our pricing principle is to combine a baseline insurance premium with added extra charges for near-miss events indicating risky driving (or discounts) that can be updated on a weekly basis. This procedure provides an incentive for safe driving. In our real-case study illustration, hard-braking and acceleration events as well as smartphone use while driving increase the cost of insurance.
dc.format.extent21 p.
dc.format.mimetypeapplication/pdf
dc.identifier.idgrec718798
dc.identifier.issn0022-4367
dc.identifier.urihttps://hdl.handle.net/2445/183219
dc.language.isoeng
dc.publisherWiley
dc.relation.isformatofReproducció del document publicat a: https://doi.org/10.1111/jori.12340
dc.relation.ispartofJournal of Risk and Insurance, 2021, vol. 88, num. 3, p. 569-589
dc.relation.urihttps://doi.org/10.1111/jori.12340
dc.rightscc by-nc-nd (c) Guillen Estany et al., 2021
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/*
dc.sourceArticles publicats en revistes (Econometria, Estadística i Economia Aplicada)
dc.subject.classificationAssegurances d'automòbils
dc.subject.classificationSeguretat viària
dc.subject.otherAutomobile insurance
dc.subject.otherTraffic safety
dc.titleNear‐miss telematics in motor insurance
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion

Fitxers

Paquet original

Mostrant 1 - 1 de 1
Miniatura
Nom:
718798.pdf
Mida:
2.12 MB
Format:
Adobe Portable Document Format
Descarregar

Col·leccions

Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)