| Popis: |
In this article we deal with insurance claims on company cars. Company cars are granted to employees as working tools or as perks. Usually end car users are not directly involved in insurance payment so they may be not interested in reducing number of accidents or damages of a car. This may cause a moral hazard. Based on evidences from Poland, we analyse the market of car leasing companies with respect to the claim liquidations. Then, using a sample gathered from one of the Polish full service leasing companies we build a hurdle negative binomial regression model to explain factors influencing the probability of a claim and number of accidents. We especially concentrate on those predictors which are related to increased damage rate because of the moral hazard. |
