
What is the low average score?
or large? for a car insurance company, while small cars higher scores compared to larger cars, what does this mean for the insurance company?
usually means risk factor. low “good” high “bad” ratings of the vehicles takes into account a number of factors including: age and size – that is working with parts availability / cost of parts, desirablity for thieves, what is the probability of collision and the average cost of each collision. such as the Honda Civic is one of the most popular vehicles stolen in NA it would be worth more than, say a Ford Taurus. But when talking about their own personal insurance rate – High is good, low is bad
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