Auto Insurance: a GBA+-specific example

4 - Age

Only 15% of all licensed drivers are under 25 years of age, yet this group accounts for a quarter of all fatal accidents.

Had the GBA+ been finished here Shankar’s rate would have been lowered because of his age, as he is over 50, and his marital status would have had less significance.

Chantal’s rate, on the other hand, would be assessed higher since she is under 25.