Jun 13, 2017 1:59:23 PM
Great West Casualty Company’s underwriting guidelines are developed using data from industry studies and evaluating the MVRs of drivers involved in claims. American Transportation Research Institute, for example, conducted a study that found a reckless driving violation increases a driver’s crash risk by 325%. An improper turn increases crash risk by 105% and excessive speeding increases crash risk by 56%. Factors such as these, as well as years of experience and crash history, can all impact an Underwriter’s decision to insure a particular driver.