A motorist who chooses high-deductible versus low-deductible car insurance is signaling that he is:
A) a safe driver.
B) a reckless driver.
C) likely to be a low income earner.
D) likely to not pay.

Question

Quizplus · Accepted Answer

A motorist who chooses high-deductible car insurance is signaling that they are a safe driver. This is because they are willing to take on more financial risk in exchange for lower premiums, which can be an indicator that they have confidence in their driving abilities and are unlikely to make frequent claims.

A Motorist Who Chooses High-Deductible Versus Low-Deductible Car Insurance Is