Insurance companies can reduce the moral hazard problem with which of the following methods?

Name: Insurance companies can reduce the moral hazard problem with which of the following methods?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Offering a no claims bonus (A) and making the insured pay the first £50 of any insurance claim (B) are methods to reduce moral hazard by incentivizing the insured to avoid making small or fraudulent claims, thereby aligning the interests of the insurer and the insured.

Insurance Companies Can Reduce the Moral Hazard Problem with Which