Which of the Following Statements About Automobile Insurers That Specialize

question 36

Multiple Choice

Which of the following statements about automobile insurers that specialize in insuring high-risk motorists with poor driving records is (are) true?
I.The actual premium paid by an applicant is set by the federal government and is independent of an applicant's driving record.
II.The coverages available may be more limited than those written by insurers in the standard market.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Specialized Intellectual Abilities

Unique or distinct cognitive capabilities that are more developed in some individuals than others, allowing for exceptional performance in certain tasks or fields.

Fluid Intelligence

The ability to solve new problems, use logic in new situations, and identify patterns, independent of acquired knowledge.

Reason

The capacity for consciously making sense of things, applying logic, and establishing and verifying facts.

Correlations

Statistical measures that describe the extent to which two variables change together, indicating a relationship or association between them.