Quotation Geyer, Alois, Kremslehner, Daniela, Mürmann, Alexander. 2020. Asymmetric Information in Automobile Insurance: Evidence from Driving Behavior. Journal of Risk and Insurance. 87 (4), 969-995.




Based on a unique data set of driving behavior we test whether private information in driving characteristics has significant effects on contract choice and risk in automobile insurance. We define a driving factor based on overall distance driven, number of car rides, and speeding. Using local weather conditions, we account for the endogeneity of the driving factor. While this driving factor has an effect on risk, there is no significant evidence for selection effects in the level of third‐party liability and first‐party insurance coverage.


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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Risk and Insurance
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, STRAT-A, VW-C, WH-A
Language English
Title Asymmetric Information in Automobile Insurance: Evidence from Driving Behavior
Volume 87
Number 4
Year 2020
Page from 969
Page to 995
Reviewed? Y
DOI http://dx.doi.org/10.1111/jori.12279
Open Access Y
Open Access Link https://onlinelibrary.wiley.com/doi/full/10.1111/jori.12279


Geyer, Alois (Details)
Kremslehner, Daniela (Details)
Mürmann, Alexander (Details)
Institute for Financial Research IN (Details)
Institute for Finance, Banking and Insurance IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5307 Business and management economics (Details)
5335 Political economic theory (Details)
5361 Financial management (Details)
5943 Risk research (Details)
5953 Game theory (Details)
5959 Accident research (Details)
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