I try to understand the data for the Motor Insurance market simulation
But I don’t understand something
- How come for policy PL073228 that are new policies I can see a pol_no_claim_discount at 1 when there is no other driver and most of all no claim amount.
I also don’t understand how for policy pl073228 the pol-no_claims-discount begins at 1 when it supposed to begin at 0.631 and then reach 0.631 after 3 years.
And why for pl089493 i found a claim in the year 3 but still i dont understand why pol-no-claims-discount begins at 1 and decrease by 0.012 second year the decrease to 0.631 and even after a claim (in year 3 ) it still decrease to 0.584
I also dont understand why vehicule value doesnt not decrease from year to year for example pl089493 we can see that the value is 24750 during all 4 years.
what is the weight 393 kg (its a car without license?)
how come the price of the car doesnt decrease each year?
Thx very much and sorry for my english.