Examlex
Which of the following best defines efficiency?
Low-risk Driver
A driver who is considered less likely to file a claim based on their driving history, age, and other factors, often resulting in lower insurance premiums.
Insurance Premiums
Payments made to an insurance company in exchange for coverage, typically paid on a regular basis such as monthly or annually.
Regular Premium
The amount that is paid on a regular schedule for an insurance policy, to maintain coverage.
Low-risk Driver
A driver who is considered less likely to file an insurance claim and therefore may qualify for lower insurance premiums.
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