All of the following are social costs associated with insurance EXCEPT
A)insurance company operating expenses.
B)fraudulent claims.
C)inflated claims.
D)increased cost of capital.

Question

Quizplus · Accepted Answer

Increased cost of capital is not considered a social cost associated with insurance. The other options listed (operating expenses, fraudulent claims, and inflated claims) all contribute to the overall cost of insurance for society as a whole.

All of the Following Are Social Costs Associated with Insurance