Statistical Discrimination in the Automobile Insurance Industry Means That Young

question 65

Multiple Choice

Statistical discrimination in the automobile insurance industry means that young male drivers that drive __________ will pay __________ rates relative to the claims they generate.

• A)carefully;lower
• B)recklessly;higher
• C)carefully;higher
• D)slowly;lower

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Definitions:

Outpatient Surgical Procedure

A surgical operation performed on patients who are not required to stay in the hospital overnight.

Insurance Company

A financial institution that provides a range of insurance policies to protect individuals and businesses against potential loss or damage.

Appointment Times

Scheduled dates and times set for meetings, events, or healthcare visits.

Verify Coverage

The process of confirming whether an insurance policy is active and what benefits and services are included under its terms.