Auto insurance premiums are generally reduced by
A)choosing a higher deductible.
B)buying a sporty "high powered" car.
C)moving to a larger city.
D)avoiding carpooling to work.
E)all of the above

Question

Quizplus · Accepted Answer

Choosing a higher deductible means that the driver is willing to pay more out-of-pocket in the event of an accident. This shows the insurance company that the driver is responsible and less of a risk, which can result in lower premiums. Buying a sporty car or moving to a larger city can actually increase premiums due to a higher likelihood of accidents or theft. Avoiding carpooling to work also doesn't have a significant impact on insurance premiums. Therefore, the best choice to reduce auto insurance premiums is to choose a higher deductible.

Auto Insurance Premiums Are Generally Reduced by