Estimating the Effect of a Change in Insurance Pricing Regime on Accidents with Endogenous Mobility

In this paper, we estimate the impact of introducing a bonus-malus system on the probability of having automobile accidents, taking into account contract duration or the client mobility between insurers. We show that the new incentive scheme reduces accident rates of all policyholders when contract duration is taken into account, but does not affect accident rates of movers that shirk the imposed incentive effects of the new insurance pricing scheme.

MoreLess

Year of publication:	2007
Authors:	Dionne, Georges ; Dostie, Benoit
Institutions:	Centre Interuniversitaire sur le Risque, les Politiques Économiques et l'Emploi (CIRPÉE)
Subject:	Bonus-malus \| contract duration \| automobile accident \| Poisson distribution \| right- and left-censoring \| exponential distribution

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Cahiers de recherche.
Type of publication:	Book / Working Paper
Language:	English
Classification:	J22 - Time Allocation and Labor Supply ; J29 - Time Allocation; Work Behavior; Employment Determination and Creation. Other ; C23 - Models with Panel Data
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005015265