All state insurance severity prediction

This problem statement is from the Kaggle recruitment challenge, by Allstate Insurance. Allstate is an insurance services company in the USA, which provides insurance to over 16 million households in the USA. The company wants to reduce the complexity of the insurance claiming process and make it a worry-free experience for the customers by automating the predictions of claims severity. The Allstate Insurance company wants to reduce the time taking process and make it easier for the people who need insurance cover to claim it much easier. So in order to reduce the complexity, It has given a dataset to use machine learning algorithms to predict the costs and hence the severity of the claims accurately.