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N.J. Prepares to Change Auto Rate Territories

East News • April 25, 2005
New Jersey officials claim that caps removed from auto insurance rates in cities will not automatically increase costs for drivers and could help build a more competitive auto insurance market. ...

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Subject: RE: RE: Re: Mileage Exposure Base

Posted On: April 25, 2005, 12:42 pm CDT
Posted By: Ray
Comment:
There are several technologies that can be utilized. In fact, voluntary reporting could be an option. People will cheat, you say. Well, we know that fooling with an odemeter reading is serious business. An audit performed when the car is sold (odometer reading is necessary at that time) would be one solution. And, make mis-statements carry the same penalty as "other" insurance fraud.

Also, instead of territories, why not use zip codes as they would relate directly to census data. Population density equals increased risk equals higher prem,iums.
Subject Posted By Posted On
Just Look at Progressive Ray
Mar 8, 2006, 4:54 pm
price pharmacies online sites
Oct 4, 2005, 1:23 pm
RE: RE: RE: RE: Re: Mileage Exposure Base Mike
May 29, 2005, 5:45 pm
RE: RE: RE: Re: Mileage Exposure Base AGENT X
Apr 29, 2005, 12:04 pm
What Else is New Ray
Apr 26, 2005, 9:50 am
NJ auto rate territories A. M. Castellini
Apr 26, 2005, 9:26 am
RE: It's About Time - More Needed Mike
Apr 25, 2005, 2:54 pm
RE: RE: Re: Mileage Exposure Base Ray
Apr 25, 2005, 12:42 pm
RE: Re: Mileage Exposure Base Steve
Apr 25, 2005, 12:33 pm
Re: Mileage Exposure Base craig
Apr 25, 2005, 12:09 pm
It's About Time - More Needed Ray
Apr 25, 2005, 9:54 am
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