The Multi-Car Discount Is Based on the Assumption That

question 6

Multiple Choice

The multi-car discount is based on the assumption that

• A)two cars owned by the same person will not be driven as frequently as one car.
• B)multiple vehicle owners are safer drivers.
• C)owners of more than one vehicle are more likely to be financially responsible.
• D)lower liability limits are needed if there are multiple autos insured.

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Definitions:

Agency Request

A formal appeal or demand made by an agency for something to be given, supplied, or performed.

Facilities

Buildings, services, equipment, etc., provided for a particular purpose, such as healthcare, education, or sport.

Business Firm

An organization engaged in commercial, industrial, or professional activities, either for profit or non-profit.

Independent Regulatory Agencies

Independent regulatory agencies are federal bodies created by Congress to enforce and regulate specific areas of economic activity, operating with some degree of independence from executive control.