REPORT FROM INSURANCE COMPANY 2
Insurance Company 2 analyzed 63 companies who were clients
of Driver’s Alert, who had been insured by this company for one year prior to joining
Driver’s Alert and one year after joining Driver’s Alert.
The following analyses were prepared:
- Loss Ratio for one year prior to Driver’s Alert versus one year after joining
- Total number of incidents for one year prior to Driver’s Alert versus one year after
joining
- Number of insureds with 0 incidents for one year prior to Driver’s Alert versus
one year after joining
- Most significant progress of an insured
Loss Ratio
Loss Ratio One Year Prior
|
One year prior
|
|
30.63% L/R
|
Loss Ratio One Year After
|
One Year After
|
|
16.7% L/R
|
Driver’s Alert cut their Loss Ratio by 45%
Total Number Of Incidents
Total Number of Incidents One Year Prior
|
One year prior
|
|
264 incidents
|
Total Number of Incidents One Year After
|
One Year After
|
|
178 incidents
|
A reduction of 33% in total number of incidents after joining Driver’s
Alert
Number Of Insureds With Zero Losses
Insureds With Zero Losses One Year Prior
|
One year prior
|
|
9 with 0 losses
|
Insureds With Zero Losses One Year After
|
One Year After
|
|
26 with 0 losses
|
Almost triple the number of insureds with zero incidents after joining
Driver’s Alert
Most Significant Case
Most Significant Case One Year Prior
|
One year prior
|
|
44 incidents
|
Most Significant Case One Year After
|
One Year After
|
|
1 incident
|
See Independent Report #3 >>
