Ayuso, Mercedes; Guillén, Montserrat; Pérez-Marín, … - In: Risks : open access journal 4 (2016) 2, pp. 1-10
Pay-as-you-drive (PAYD), or usage-based automobile insurance (UBI), is a policy agreement tied to vehicle usage. In this paper we analyze the effect of the distance traveled on the risk of accidents among young drivers with a PAYD policy. We use regression models for survival data to estimate...