Solved

The Meaning of "Skimming the Cream" in Car Insurance Markets

Question 21

Multiple Choice

The meaning of "skimming the cream" in car insurance markets refers to:


A) offering low rates to low- risk drivers.
B) denying coverage to high- risk drivers.
C) denying coverage to low- risk drivers.
D) offering high rates to high- risk drivers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents