Why do insurance rates vary so much?

2010 day(s) ago by Ashwath
Under:   #Insurance
2
Answer(s)
Answers submitted by Users

Guru Yogi
it varies since the companies offer different rates of discounts to the clients and the decleration they give to the insurance companies regarding the previous claims experience
 

Posted: 2010 day(s) ago


Liv Vasudevan
cities are classified as A B C so different premiuim rates are applicable at different city but also in renwals thru borker and direct company rates will differ slightly as commison add up etc and no claim bonus too plays a role in renewals
 

Posted: 2009 day(s) ago

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