Page 174 - Motor Insurance Ebook IC 72

The Insurance Times

Other areas which have a bearing on the rates and
practices are as follow:
Use of the vehicle: Car may be personal for pleasure
or for business purpose driver to and fro, over or
under a given number of miles.

Annual driving mileage may also be taken into
account. Use categories may vary between adult
and your operators.

Geographical Area of Use: the once where the vehicle
is driven is a factor or rating, as accident are influenced,
low enfacement and climate, urban areas usually have
higher rates. Territories are the same for all age-gender,
marital class and all use classes.

Driving record of the driver: Year of driving
experience is also used as criteria. Past accidents
and tariff violations are also used. Some insurers give
good student and driver training discounts.

Nature of the vehicle: Age of the vehicle, value of the
vehicle, make and model of the vehicle are major factors
to assess susceptibility to decedents, demography,
protection provided to occupants of the vehicle in the
event of accidents.

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