Economics, Econometrics and Finance
8 years ago

Insurance data on traffic accidents key to improving road safety analysis.

Transport
ASSESSMENT OF THE PRECISION OF DATA COLLECTED ABOUT THE TRAFFIC ACCIDENTS WITH PROPERTY DAMAGE ONLY IN CLAIM HANDLING PROCESS BY INSURANCE COMPANIES
Erik Ernits, Dago Antov, A. Kott

Paper Summary

The article looks at how insurance companies collect data on minor traffic accidents to help improve road safety. By studying data from Estonia, the researchers found that even though there were some issues, the information gathered by insurance companies on these accidents is useful for analyzing traffic safety. This data can help identify trends and improve safety measures on the roads.

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