Since insurance is a regulated industry, the rates for automobile policies are relatively the same among different companies operating in a state.

Name: Since insurance is a regulated industry, the rates for automobile policies are relatively the same among different companies operating in a state.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

Insurance rates can vary significantly among companies due to differences in their operating costs, underwriting criteria, and claims experiences, even though the industry is regulated.

Since Insurance Is a Regulated Industry, the Rates for Automobile