Why do insurance companies use home addresses

Assignment Help Econometrics

Reference no: EM131330820

Some states prohibit insurance companies from using car owners' home addresses to set auto insurance rates. Why do insurance companies use home addresses? What are the efficiency and equity implications of forbidding such practices?

Reference no: EM131330820

Questions Cloud

Proper leadership and motivation techniques : It has been said that "a company that deserves a union gets one," suggesting that if proper leadership and motivation techniques are employed and desirable policies devised, the workers will not want to unionize. Either agree or disagree with this..

Do these frauds illustrate adverse selection or moral hazard : According to a 2007 study by the Federal Trade Commission, 4.8 million U.S. consumers were victims of weight-loss fraud, ranging from a tea that promised to help you shed the pounds to fraudulent clinical trials and fat-dissolving injections.

Address what you discovered in your search of the literature : Prepare a case study. The case must involve some organization. The case may come from an academic journal, a compilation of case studies, a situation reported in the local newspaper supplemented by discussion with someone involved, personal experi..

Diversity training manual-overview : The content of the final complete manual will be developed throughout the course and will need to cover diversity issues, specifically the following forms of discrimination:

Why do insurance companies use home addresses : Some states prohibit insurance companies from using car owners' home addresses to set auto insurance rates. Why do insurance companies use home addresses? What are the efficiency and equity implications of forbidding such practices?

Sales aptitude tests and performance tests : If your organization is a call centre that hires 45 employees each month, describe how you would use application blanks, interviews, computerized sales aptitude tests and performance tests.

What are the implications of such rate setting : However, critics claim that the people who set the rates ignored soil type. Some houses rest on bedrock; others sit on unstable soil. What are the implications of such rate setting?

Computing the application blanks : If your organization is a call centre that hires 45 employees each month, describe how you would use application blanks, interviews, computerized sales aptitude tests and performance tests.

Important features of applicant screening : What are some of the important features of applicant screening? What tools would you use to screen computer support staff hires?

User Account

All Pages