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An Insurance Company Evaluates Many Numerical Variables About a Person

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An insurance company evaluates many numerical variables about a person before deciding on an appropriate rate for automobile insurance.The number of claims a person has made in the last 3 years is an example of a numerical variable.


Definitions:

Protected Class

Groups of people legally protected from discrimination on the basis of characteristics such as race, religion, national origin, gender, and more.

Employment Opportunities

Prospects or openings available in the job market for individuals to find work or advance their careers.

At-Will Employment

An employment arrangement where either the employer or the employee can end the employment at any time, for any reason that is not illegal, with or without notice.

United States

A country comprised of 50 states, a federal district, five major self-governing territories, and various possessions, known for its large economy and influential culture.

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