12 ms·
>The more times you cause damage, and the higher the damages, the higher your rates go over time. But by how much? If it's enough to fully offset the cost of t
by whatshisface 5y ago
>The more times you cause damage, and the higher the damages, the higher your rates go over time.
But by how much? If it's enough to fully offset the cost of the damage, that's not insurance, but a payment plan. If it's less than the cost of the damage, then you have to decide what it's going to be.
- jjnoakes 5y agoAgain, I'm not going to come up with an exact formula. The point stands without one. You can calculate using any history you like. Weigh past damages based on time between, or time in the past. Be creative.