The Comprehensive or Collision Premium on a Rolls-Royce in Relationship

question 16

Multiple Choice

The comprehensive or collision premium on a Rolls-Royce in relationship to a Chevy

• A)will be higher, because a Rolls-Royce costs more than a Chevy.
• B)will be lower, because Rolls-Royce drivers will be more careful.
• C)depends on the province's insurance rates.
• D)depends on the individual insurance company's rating system.

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Definitions:

Commercial Banks

The largest and oldest of all financial institutions, relying mainly on checking and savings accounts as sources of funds for loans to businesses and individuals.