Monday, April 08, 2013

Insurance

Apart from your driving and credit score, what else does your premium depend on? Your community's driving and claiming behaviour. Lets say  company A charges less than company B to attract customers. With time, customers and claims increase. If company A charges you more at the beginning of your driving history, because your zip codians have claimed a lot, then at some point your neighbours will start shifting to company B.
Umbrella insurance.

No comments: