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Driver Cooper Has a Poor Driving Record and Pays Double

question 64

Short Answer

Driver Cooper has a poor driving record and pays double the usual premium as a high-risk driver. The regular premium would be $510 for a year. If Cooper must pay the high-risk premium every year for 5 years, how much more will Cooper pay for insurance premiums than a low-risk driver receiving a 10% discount over the same 5-year period?


Definitions:

ICD-10-CM General Note

Pertains to the Clinical Modification (CM) of the 10th revision of the International Classification of Diseases, offering detailed criteria for coding and classifying health conditions in the United States.

Default Codes

Pre-determined codes used in various systems (such as medical billing) when specific details are not provided, to facilitate processing.

ICD-10-CM General Note

Supplementary information or guidelines provided within the ICD-10-CM coding system to assist in the proper application of the codes.

Main Term

The primary or most significant word or phrase used to describe the content or main subject of a document.

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