Professional Documents
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Story of Car Insurance Claim
Story of Car Insurance Claim
1971-1980
38-47
1961-1970
48-57
1951-1960
58-67
1941-1950
68-77
1931-1940
78-87
<= 1930
>= 88
0K
Female Male
Education of Customers Occupation of Customers
IncomeGroup of Customers
>100000 30001-40000 60001-70000 70001-80000
20001-30000
50001-60000
No Income 10001-20000
40001-50000 1-10000
1500 E 2
1000 d 0 20.71%
500 u %
0 c 1
a 5
t %
15.84%
i 1
o 0
n %
5
%
0
%
Occupation
20.71%
14.45%
15.84%
10.91%
12.30% 8.79%
11.07%
3.45%
2.49%
Customer Gender Analysis is : Observations on Car Value and Usage :-
1.More females customers than male:- a)In Female 1.Panel Trucks are more priced in compared to other cars.
customer most of them are married and with No 2.More customers are using SUV's and minivans for day-to-day travel(private travels). 3.Prefered choice for Commercial Travel is Pickup vans and Panel Trucks. ..
House. ..
Age Group Analsys:-
1.Young and Elderly people tend to claim less.
2.Total claim comes from Doctors and Hom..
Cars_Average Price Cars_Travel Purpose
Car_Average Age Car Travel Area
Car Type
10 10.144
8
8.675
8.980
2,222 2,180
1,404
655 895
773 740
277
509 148 113
368
6
1K
4
0K
2
0
PanelTru.. Van Minivan SUV SportsCar Pickup
Private 972
1K
Minivan
97.24% 100.00%
89.80%
81.66%
73.20%
Pickup 63.41%
52.31%
SportsCar
38.61%
Van
PanelTruck 23.48%
0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20%
% of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F..
0%
0K
0K 1K 2K 3K
Count of ID
Total Claims by AgeGroup
100%
50%
0%
Total Claims by CarAge
100%
50% CarAgeUpd
0% 10-12 13-15
1-3 7-9 4-6 16-18 19-21
9 9.13
88. 49% 95.9 % %
77 .50% 5
48. 48% 65.1 %
8
27 .80%
0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10% 20% 0% 10
%
% of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Tot
AgeGroup
1951-1960 1941-1950 1961-1970 1931-1940 1971-1980
9
9.73%
89 48% 9 5.48%
6 7.70%
40.84 %
% of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm F.. % of Total Clm
Age Group Analsys:- Observation on claims: 1.Most of the claims came from the income group whose income is greater than one lakh dollars. 2.Almost 60% of the total claims came from the
1.Young and Elderly people tend to claim less. people with Bachlors degree and High School degree.
2.Total claim comes from Doctors and H.. 3.Approx 60% of the total loans came from the people with no house and people who has house costing in between 1 lakh dollars and 2 lakh dollars.
Observation on Best Cutomers or Customers Claim
less no of times :
1.Married females are the best customers in the Top
ten percent list. ..
Total no of claims by IncomeGroup
Income Group
Total Claims by EducationLevel Total Claims by HomeValueGroup
Education
HomeValGroup
100% 100%
50% 50%
High School Bachelors Masters Below High School PhD 0%
No House 100001-2000.. 200001-3000.. > 500000 300001-4000.. 1-100000 400001-5000..
0%
57.99% 59.39%
30.28% 33.03%
10% 20% 30% 10% 20% 30% 10% 20% 30% 10% 20% 30% 10% 20% 30% 0% 20% 0% 20% 0% 20% 0% 20% 0% 20% 0% 20% 0% 20%
% of Total Clm Freq % of Total Clm Freq % of Total Clm Freq % of Total Clm Freq % of Total Clm Freq % of Total Clm Freq% of Total Clm Freq% of Total Clm Freq% of Total Clm Freq% of Total Clm Freq% of Total Clm Freq% of Total Clm Freq
Observation on claims: 1.Most of the claims came Observation on Best Cutomers or Customers Claim less no of times :
from the income group whose income is greater 1.Married females are the best customers in the Top ten percent list.
than one lakh dollars. .. 2.Top of female customers are Lawyers having a masters degree and houses ranging between 200001 and 400000 dollars. 3.These top 10 % customers didn't claim any
amount till date even if the car age is higher.
Observation on Worst Cutomers or Cutomers claim
more no of time:
1.Holds a High school Degree or Bachelors Degree or
less than High school drop outs. ..
Good Customers - Demographics Good Customers - more demogrphic info
Info
Income Group Occupation HomeValGroup
AgeGroup / Mstatus 20001-30000 Lawyer 100001-200000
40001-50000 Lawyer 100001-200000
Manager 100001-200000