Pinnacle Precision Scoring

For companies writing automobile insurance, geographical location is one of the most significant rating variables. It stands to reason: the likelihood of being involved in an accident and the subsequent cost of that accident are impacted by where that vehicle operates. Driving a vehicle in Manhattan involves different risks than driving a vehicle in upstate New York.

The characteristics of geographical location are key drivers of insurance costs, including:

Traffic density

Law enforcement patterns

Speed

Road design

Pinnacle's strategic partner TomTom, a leading global mapping software provider, has that data. Pinnacle Precision Scoring combines Pinnacle’s leadership in predictive analytics with raw data from TomTom, conducts systematic review and analysis and by deploying traditional as well as proprietary modeling techniques, develops the Pinnacle Precision score for insurers to make informed and accurate pricing decisions.

For companies writing automobile insurance, geographical location is one of the most significant rating variables. Pinnacle Precision Score, enabled with TomTom data, delivers an additional layer of insights into geographical location and conditions for more accurate and precise pricing. In addition, Pinnacle Precision Scoring is simple to use, understand, apply and communicate.

Find out how Pinnacle can make pricing and rating for auto simpler, easier and more precise. Contact us today!