How is my car insurance premium calculated?
- 02 Aug 2022
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How is my car insurance premium calculated?
- Updated on 02 Aug 2022
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At Hellas Direct the calculation of your insurance premium is based on many factors.
The algorithm we have developed analyses a number of details, such as your address and the car’s age, to calculate the right price for you. By combining these data, with external factors, such as the market conditions and the total risk undertaken by the company, this pricing algorithm can calculate the fairest price for each driver, in only a few seconds.
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