Elvis drove expensive cars.Which of the following was not a determinant in his automobile insurance costs?
A)Type of vehicle
B)His personal characteristics
C)His driving record
D)Where he lived
E)All of the above WERE determinants in the cost of his auto insurance.

Question

Quizplus · Accepted Answer

All of the options listed are factors that insurance companies consider when determining the cost of automobile insurance. The type of vehicle affects rates due to repair costs and theft rates; personal characteristics, such as age and gender, can influence premiums; driving records reflect risk based on past behavior; and location can impact rates due to crime rates, traffic patterns, and other regional factors.

Elvis Drove Expensive Cars