Why do regulators care whether high-risk drivers have insurance?
A) Regulators are silly and have nothing better to do.
B) Otherwise insurance companies would lose too much money.
C) Excluding high-risk drivers is a violation of the Constitution.
D) The societal costs associated with the accidents caused by high-risk drivers is at least somewhat reduced by having them pay an insurance premium, even if it is too low for the associate risk.
Correct Answer:
Verified
Q22: Which of the following statements about the
Q23: Which of the following statements about the
Q24: Which of the following is the best
Q25: Insurance companies that have funny TV commercials:
A)
Q26: Insurance regulators:
A) make the insurance market more
Q28: CPCU stands for:
A) Certified Property and Casualty
Q29: CLU stands for:
A) Chartered Life Underwriter
B) Casualty
Q30: When choosing the right amount of life
Q31: Why is it more difficult to choose
Q32: A lack of insurance for high-risk drivers:
A)
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