Advanced Placement (AP)

Which of the following best describes how auto insurance companies manage risk?
a. high-risk drivers are not able to sign up for insurance
b. the insurance company balances low-risk drivers with high-risk drivers
c. the insurance company charges higher rates to higher-risk drivers
d. both b & c
e. all of the above

answer
Answers: 2

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Do you know the correct answer?
Which of the following best describes how auto insurance companies manage risk?
a. high-risk...

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