The 2007-2012 Outlook for Automobile Insurance in the United States |  | Author: Philip M. Parker
Publisher: ICON Group International, Inc
Category: Book
Buy New: $495.00
as of 7/30/2010 01:20 CDT details
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Seller: Amazon.com
Media: Paperback
Pages: 683
Shipping Weight (lbs): 2.9
Dimensions (in): 9 x 7 x 1.5
ISBN: 0497554577
EAN: 9780497554576
ASIN: 0497554577
Publication Date: September 28, 2006
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Product Description
This study covers the latent demand outlook for automobile insurance across the states and cities of the United States. Latent demand (in millions of U.S. dollars), or potential industry earnings (P.I.E.) estimates are given some 12,920 cities across in the United States. For each city in question, the percent share the city is of it’s state and of the United States is reported. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. This statistical approach can prove very useful to distribution and/or sales force strategies. Using econometric models which project fundamental economic dynamics within each state and city, latent demand estimates are created for automobile insurance. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
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