Collision Avoidance Systems Can Decrease Accidents 44%
Claim frequency dropped for privately owned vehicles, according to an analysis from Ron Actuarial Intelligence, and can reduce insurance premiums and increases revenues.
May 6, 2014
Preliminary results from a study commissioned by Israel‘s ministry of finance and conducted by Ron Actuarial Intelligence indicate collision avoidance systems can reduce insurance claim frequency by 44 percent for privately owned vehicles compared to those without. Fewer accidents means increased safety and lower insurance costs for both insurers and customers, Ron Actuarial Intelligence said.
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