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Advanced Placement (AP)Advanced Placement (AP)
13 September, 13:09

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

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Answers (2)
  1. 13 September, 15:41
    0
    Im going to go with D or C because the higher the risk you are the higher your insuance will be
  2. 13 September, 16:23
    0
    Auto insurance companies manage the increased cost associated with high-risk drivers by both charging them higher rates and balancing them out with low-risk drivers.
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Home » 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.
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