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Item Details
Title: THE EFFECTS OF A CHOICE AUTOMOBILE INSURANCE PLAN ON INSURANCE COSTS AND COMPENSATION
AN ANALYSIS BASED ON 1997 DATA
By: Stephen J Carroll, Allan F. Abrahamse
Format: Paperback

List price: £14.99


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0833027840
ISBN 13: 9780833027849
Publisher: RAND
Pub. date: 1 January, 1999
Pages: 46
Synopsis: Choice auto insurance gives drivers the option of selecting either a somewhat modified version of their state's current auto insurance plan or a no-fault plan. Using the same analytical methods as in their two previous studies on the same subject (MR-540-ICJ, based on 1987 data; and MR-970-ICJ, based on 1992 data), the authors estimated the effects of a choice automobile insurance plan on the costs of compensating auto accident victims. They find the choice plan can deliver on its promise of offering dramatically less expensive insurance to drivers who are willing to give up access to compensation for noneconomic loss by purchasing no-fault insurance, with little effect on those who want to retain access to compensation for both economic and noneconomic loss. If insurers pass on cost savings, the adoption of a choice plan could translate into savings on total premiums of about 23 percent for purchasers of no-fault insurance. Because claims behavior has varied
Illustrations: illustrations
Publication: US
Imprint: RAND
Returns: Non-returnable
Some other items by this author:
A DEMONSTRATION POLICY EVALUATION OF THE DUTCH SECOND TRANSPORT STRUCTURE PLAN (SVV) (HB)
ASBESTOS LITIGATION
ASBESTOS LITIGATION (PB)
COSTS OF EXCESS MEDICAL CLAIMS FOR AUTOMOBILE PERSONAL INJURIES (PB)
EFFECTS OF A CHOICE AUTO INSURANCE PLAN ON INSURANCE COSTS (PB)
HOW IMMIGRANTS FARE IN U.S. EDUCATION (PB)
INSURANCE CLASS ACTIONS IN THE UNITED STATES (PB)
PREBANKRUPTCY CREDIT COUNSELING
PREBANKRUPTCY CREDIT COUNSELING (PB)
THE ABUSE OF MEDICAL DIAGNOSTIC PRACTICES IN MASS LITIGATION (PB)
THE BENEFITS TO TAXPAYERS FROM INCREASES IN STUDENTS' EDUCATIONAL ATTAINMENT (PB)
THE EFFECTS OF A CHOICE AUTOMOBILE INSURANCE PLAN ON INSURANCE COSTS AND COMPENSATION (PB)
THE EFFECTS OF THE CHANGES IN CHAPTER 7 DEBTORS' LIEN-AVOIDANCE RIGHTS UNDER THE BANKRUPTCY ABUSE PREVENTION AND CONSUMER PROTECTION ACT OF 2005 (PB)
THE EFFECTS OF THIRD-PARTY BAD FAITH DOCTRINE ON AUTOMOBILE INSURANCE COSTS AND COMPENSATION (PB)
THE FISCAL AND DEMOGRAPHIC ENVIRONMENT OF THE CALIFORNIA STATE UNIVERSITY AT NORTHRIDGE (PB)
THE PERSUASIVE LEADER
THE U.S. EXPERIENCE WITH NO-FAULT AUTOMOBILE INSURANCE (PB)
TRACKING K-12 EDUCATION SPENDING IN CALIFORNIA (PB)

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