AUTOMOBILE AGE AND RISK

The partial relationship between automobile age and risk is studied by means of logistic regression as applied to a large insurance policy data set. Annual mileage and car owner's gender, age and county of residence are controlled for. Contrary to expectations, the analysis reveals a negative relationship between automobile age and risk. Older cars sustain fewer liability damage accidents, and also fewer injury accidents than do newer cars, other things being equal. It is suspected this is due to risk compensation.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/8248000427
• Supplemental Notes:
  • Text in Norwegian; summary in English.
• Corporate Authors:

  Norwegian Institute of Transport Economics

  Gransesvingen 7, P.O. Box 6110, Etterstad
  Oslo,   Norway  N-0602
• Authors:
  • Fosser, S
  • Christensen, P
• Publication Date: 1998-3

Language

• English

Media Info

• Pagination: 52 p.

Subject/Index Terms

• TRT Terms: Injuries; Insurance claims; Liability; Logits; Motor vehicles; Risk analysis; Service life; Traffic crashes
• Uncontrolled Terms: Vehicle age
• Old TRIS Terms: Injury factors
• Subject Areas: Design; Highways; Law; Safety and Human Factors;

Filing Info

• Accession Number: 00758986
• Record Type: Publication
• ISBN: 8248000427
• Report/Paper Numbers: TOI-386/1998
• Files: TRIS
• Created Date: Jan 5 1999 12:00AM