MLchartDataset catalogue

Radius class

Term · Insurance and risk management · MLC-T-INS-002787

A classification system used in commercial auto insurance to categorize vehicles based on the typical operating distance from their primary garaging location. Insurers assign different premium rates depending on whether vehicles operate within a local, intermediate, or long-distance radius. For instance, a local radius might be under 50 miles, while long-distance exceeds 200 miles.

Table 1. Record
IdentifierMLC-T-INS-002787
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002787",
  "term": "Radius class",
  "field": "Insurance and risk management",
  "definition": "A classification system used in commercial auto insurance to categorize vehicles based on the typical operating distance from their primary garaging location. Insurers assign different premium rates depending on whether vehicles operate within a local, intermediate, or long-distance radius. For instance, a local radius might be under 50 miles, while long-distance exceeds 200 miles.",
  "url": "https://mlchart.com/terminology/insurance/radius-class/"
}

Record 2,815 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.