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 |