# metadata.dc.description.abstract[].value
We 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.

# metadata.dc.relation.ispartof[].value
Journal of Risk and Insurance, 2021, vol. 88, num. 3, p. 569-589

# metadata.dc.rights[].value
cc by-nc-nd (c) Guillen Estany et al., 2021

# metadata.dc.source[].value
Articles publicats en revistes  (Econometria, Estadística i Economia Aplicada)