Less skillful drivers are more likely to buy auto insurance with lower deductibles.Economists use this as an example of:

Name: Less skillful drivers are more likely to buy auto insurance with lower deductibles.Economists use this as an example of:
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Adverse selection refers to the situation where individuals with a higher risk of loss are more likely to purchase insurance. In this case, less skillful drivers are more likely to buy insurance with lower deductibles, which indicates a higher risk of loss.

Less Skillful Drivers Are More Likely to Buy Auto Insurance