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Premium calculation depends on which topics in motor insurance?

By IndianMoney , 5 months ago

Motor Insurance premium depends on the following : Vehicle related factors: 1.Make,model &variant 2.Age of vehicle 3.Engine capacity 4.Safety features 5.Zones (place where vehicle is registered) Insurance related factors: 1.No claim bonus 2.Add on covers 3.Type of policy 4.Deductibles 5.insured declared value customer related factors: 1. Credit score 2. Profession 3. Age and marital status

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