Question

Which among these factors are considered by the

Q: Answer-Which among these factors are considered by the insurance companies to calculate the premium of car...

Most of the insurance companies like National General Insurance use the following factors to calculate the premium IDV, Year of manufacturing, Cubic capacity, Geographical location, No Claim Bonus NCB

insurance companies to calculate the premium of car insurance policies?

A IDV

B Geographical location

C Year of manufacturing

D Cubic capacity

E All of the above

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420 ÷ 7 + 140 % of 20 + ? × 13 = 18 × 15
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Which among these factors are considered by the

Solution