The Effects of a Choice Automobile Insurance Plan on Insurance Costs and Compensation: An Analysis Based on 1997 Data

by Stephen J. Carroll

Choice auto insurance gives drivers the option of selecting either a somewhat modified version of their state's current auto insurance plan or a no-fault plan. Using the same analytical methods as in their two previous studies on the same subject (MR-540-ICJ, based on 1987 data; and MR-970-ICJ, based on 1992 data), the authors estimated the effects of a choice automobile insurance plan on the costs of compensating auto accident victims. They find...

• Format: Paperback
• Language: English
• ISBN: 0833027840
• ISBN13: 9780833027849
• Release Date: February 2000
• Publisher: RAND Corporation
• Length: 46 Pages
• Weight: 0.34 lbs.
• Dimensions: 0.2" x 8.5" x 10.9"