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Casualty insurance companies just want the numbers, then to set the markup, then profit. They've filled out that elusive intermediate step. If it means findin
by LanceH 3y ago
Casualty insurance companies just want the numbers, then to set the markup, then profit. They've filled out that elusive intermediate step. If it means finding a way to get a customer a discount then that's ok, as long as they have the customer.
The biggest factor they can monitor is verifying miles driven. Miles driven, unsurprisingly, has a bigger impact than virtually anything else someone signing up to be monitored would be guilty of.
- gwbas1c 3y ago> The biggest factor they can monitor is verifying miles driven. Miles driven, unsurprisingly, has a bigger impact than virtually anything else someone signing up to be monitored would be guilty of. In general, no surprises. What really surprises me is that my insurance company never asks for an odometer reading. I haven't changed insurance in years. It's also hard to estimate how many miles I will drive in a year because my life situation changes every few years.
- LanceH 3y agoThey may have it from safety inspections or oil changes if you have those done at a mechanic.