Variable

Alternative

Distance-based and Law Obedient Discount

Distance-based Coverage and Law Obedient

Discount

Simple

Nested

Simple

Nested

Third Person Insurance

Do Nothing

0.055

0.030

0.055

0.030

Average of

Annual Distance

Do Nothing

−0.060

−0.033

−0.060

−0.033

Total Cost

Distance-based

Discount

0.414

0.143

0.414

0.143

Distance-based Coverage

0.157

0.053

0.157

0.053

Distance-based Coverage & Law

Obedient Discount

0.355

0.678

−2.270

−1.918

Car Class I

Distance-based

Discount

0.006

0.002

0.006

0.002

Car Ownership

Distance-based

Discount

−0.013

−0.006

-0.013

−0.006

Third class of age

Distance-based Coverage

−0.014

−0.007

−0.014

−0.007

Maximum discount of the alternative

Distance-based and Law Obedient Discount

0.791

0.787

−0.410

−0.681