If You Have Private Information That You Are a Safer

question 226

Multiple Choice

If you have private information that you are a safer driver than your record indicates, you are likely to buy an insurance policy with

• A) a higher than average deductible.
• B) a positive but lower than average deductible.
• C) an average deductible.
• D) no deductible.

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Definitions:

Income Increased

A situation where an individual, household, or entity's earnings or revenue rise, impacting their economic capacity and consumption decisions.

Industries

Broad categories that group businesses and economic activities based on similar production processes, services, or goods produced.

Economy

The system of production, distribution, and consumption of goods and services within a particular geographic region.

Excise or Sales Taxes

Taxes imposed on the sale of specific goods and services, often included in the price paid by the consumer.