Finance Department

 

Date of this Version

1995

Document Type

Article

Citation

Journal of Actuarial Practice 3 (1995), pp. 139-149

Comments

Copyright 1995 Absalom Press

Abstract

This paper is intended to stimulate further research and discussion on the validity and utility of model year rating for personal automobile coverages other than physical damage. Using data from a single insurer and some elementary statistical techniques, we provide evidence supporting model year as a classification variable for automobile liability and injury coverages.

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