Which of the Following Will Most Likely Pay the Least

question 2

Multiple Choice

Which of the following will most likely pay the least for automobile insurance,assuming they all drive identical cars?

• A)A 29-year-old woman with a good credit score and driving record
• B)A 55-year-old woman with two drunk driving arrests
• C)A 32-year-old married man with bad credit and a bad driving record
• D)A 20-year-old man who drives 50,000 miles per year and lives in a big city

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Definitions:

Increase Benefits

Enhancing the advantages or positive outcomes gained from a product, service, or activity.

Pricing Enhancement

Strategies implemented to adjust and improve the perceived value and price positioning of a product or service in the market.

Obscenity

Content or actions deemed offensive to morality or decency by the average person, according to community standards, often subject to legal regulation.