Research Article
Choosing between Alternative Motor Insurance Policies: A Discrete Choice Experiment
Table 7
Parameter estimates of model based on female policyholders.
| Attributes | Coefficients(SE) | Z-Value | P-Value | [95% Conf. Int.] |
| Moderate Premium | 0.46760 (0.06773 ) | 6.904 | 0.0000 | 0.3349 0.6008 | Maximum Premium | 0.24961 (0.06977 ) | 3.578 | 0.0003 | 0.1130 0.3864 | Prompt Claims | 0.34388 (0.05603) | 6.138 | 0.0000 | 0.2341 0.4538 | Satisfactory Customer Service | -0.01634 (0.05615) | -0.291 | 0.7710 | -0.1264 0.0937 | Proximity Near | 0.27341 (0.05619 ) | 4.865 | 0.0000 | 0.1633 0.3837 | Constant | -0.47626 (0.06170 ) | -7.719 | 0.0000 | -0.5970 -0.3559 | Number of observations | 2072 | | | | AIC | 2770.2 | | | | Likelihood ratio | 114.24 | | | | Prob | 0.0000 | | | |
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