Research Article
Choosing between Alternative Motor Insurance Policies: A Discrete Choice Experiment
Table 6
Parameter estimates of model based on male policyholders.
| Attributes | Coefficients(SE) | Z-Value | P-Value | [95% Conf. Int.] |
| Moderate Premium | 0.36853 (0.05231) | 7.045 | 0.0000 | 0.2659 0.4714 | Maximum Premium | 0.11007 (0.05402) | 2.038 | 0.0416 | 0.0043 0.2159 | Prompt Claims | 0.63610 (0.04332 ) | 14.685 | 0.0000 | 0.5513 0.7211 | Satisfactory Customer Service | -0.08871 (0.04342 ) | -2.043 | 0.0410 | -0.1738 -0.00362 | Proximity Near | 0.20819 (0.04346 ) | 4.791 | 0.0000 | 0.1230 0.2934 | Constant | -0.49445 (0.04772 ) | -10.362 | 0.0000 | -0.5879 -0.4014 | Number of observations | 3528 | | | | AIC | 4604.4 | | | | Likelihood ratio | 302.56 | | | | Prob | 0.0000 | | | |
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