By harnessing the power of insights from our traffic crash location database, we provide the auto insurance industry with solutions that enable more accurate pricing and proactive risk mitigation
In today’s market, auto insurance carriers assess risk by looking at several key factors within three main categories: the driver behind the wheel, the vehicle in operation and some partial location information through territory rating (e.g. at 5-digit zip, 9-digit zip, census track levels). The key differences with the current locations risk are
Carriers are usually using only their own claim loss data based on garaging addresses to create territory. While TNEDICCA uses traffic crash location data to further refine the current territory.
Since traffic accident related claims are likely to be a subset of traffic crashes, TNEDICCA’s location-based crash risk scores represent a more comprehensive view of industry claim risks across geography.
TNEDICCA’s proprietary computational processes enable the effective use of crash frequency and crash severity from in regards to crash locations
TNEDICCA® provides solutions through our platform enabling insurance carriers to improve and refine their risk ratings to a higher degree of accuracy in predicting customers’ future accident, hence claims risks
Our Solutions are built for all auto product lines