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14 November, 18:25

Which of the following best describes how auto insurance companies manage risk?

A. High-risk drivers are not able to sign up for insurance

B. The insurance company balances low-risk drivers with high-risk drivers

C. The insurance company charges higher rates to higher-risk drivers

D. Both B & C

E. All of the above

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Answers (2)
  1. 14 November, 18:27
    0
    Auto insurance companies manage the increased cost associated with high-risk drivers by both charging them higher rates and balancing them out with low-risk drivers.
  2. 14 November, 18:32
    0
    Im going to go with D or C because the higher the risk you are the higher your insuance will be
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