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Insurance (General)

Does claims frequency affect the insurance premium rate?

Does claims frequency affect the insurance premium rate?

Claims frequency, which is the number of claims paid out by the insurer, can impact the insurance premium rate in subsequent insurance periods.

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Simpl Ltd. with its registered office in Kraków, Piwna Street 25/20, 30-527 Kraków, registered by the District Court for Kraków Śródmieście, XI Commercial Division of the National Court Register, KRS: 0000809392, share capital: PLN 23,550.00, Tax Identification Number (NIP): 6793191362.