The modeling results could be considered as interesting sugestions for the insurance companies while implementing their pricing policy. Thus, the company could work with more age groups in order to evaluate the risk level of each insured and implicitly to calculate the insurance premium. The insured’s occupation represents another valid factor that could be considered by the company in order to group the insurance portfolio in homogenous classes. Based on the GPS variable, the company could implement some precautionary measures, suggesting the new insured to use a GPS device. All this aspects aim at obtaining reasonable premium that corresponds to the risk level of each insured, and therby respecting the principle of equity in insurance.