Hole In One Insurance
Paragraph 10 of FAS 113 makes clear that the 9a and 9b look up are based on comparing the present value of all costs to the PV of all income streams. FAS gives no guidance on the choice of a discount estimate on which to base such a calculation, other than to say that all outcomes trustworthy should fitness the same rate.
The indispensable concept of telematic auto insurance is that a driver's behavior is monitored anon while he or she drives and the inside story is transmitted to the health plan company. The group medical insurance company uses the hot poop to assess the likelihood that a Hole In One Insurance driver will have an accident and adjusts premiums accordingly. A driver who drives extensive distances at alpine speeds, for example, might be charged a different rate than a driver who drives short distances at low-set speeds. The precise effect on charges is not acknowledged as it is not clear that a high speed long extension driver incurs greater risk to an warrant pool than the slow around-town driver.