Ultra efficient premiums should include the time domain by charging premiums in winter vs. summer based on risks. Keep getting better and a ‘perfect’ system w

Ultra efficient premiums should include the time domain by charging premiums in winter vs. summer based on risks. Keep getting better and a ‘perfect’ system would bump the premiums pre accident to cover the full costs of that accident immediately before your accident. Making insurance a pure dead loss for consumers which means insurance must be inefficient to be useful.