As a general rule,the _____ the deductible,the _____ the policy premium payments will be.

Question

Quizplus · Accepted Answer

This is because the higher deductible means that there is a greater amount of risk that the policyholder is taking on, so the insurance company will offer lower premium payments in exchange for that increased risk. On the other hand, a lower deductible means that the insurance company is taking on more risk, so they will charge higher premium payments to offset that risk.

As a General Rule,the _____ the Deductible,the _____ the Policy

As a General Rule,the _ the Deductible,the _ the Policy