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Identifying undisclosed drivers can stem auto premium leakage

By Visualize Editor July 1, 2015

Drivers not included on insurance policies, particularly youthful operators, affect every insurance company. Economic conditions and changing family dynamics have made the problem even more pronounced. An insurer challenged by premium leakage suspected undisclosed youthful drivers as a primary cause. The company also recognized it didn’t have the internal resources or infrastructure to effectively pursue these missing drivers. Verisk implemented a program of targeted letter campaigns and telephone calls to validate operators and coverage. We delivered the following results each month:

Operational and quality advantages to using commercial auto prefill technology
Operational and quality advantages to using commercial auto prefill technology
To discover the gaps in your coverage, request a complimentary undisclosed-driver analysis. 

*Analysis may include some permitted drivers, depending on information provided by states.