The tendency of people with renter's insurance to leave the apartment door unlocked is an example of a(n) _____ problem for insurance companies.

Name: The tendency of people with renter's insurance to leave the apartment door unlocked is an example of a(n) _____ problem for insurance companies.
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This is an example of a moral hazard problem, where the behavior of the insured party changes after obtaining insurance, leading to a higher risk of the event the insurance is meant to cover.

The Tendency of People with Renter's Insurance to Leave the Apartment