Many automobile insurance policies require a deductible to be paid by the insured. A deductible is a

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Many automobile insurance policies require a deductible to be paid by the insured. A deductible is a tool to help control for which problem?

a. Adverse selection

b. Underwriting

c. Moral hazard

d. Claims adjustment

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Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

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Question Posted: Jun 21, 2019 07:47 AM

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Many automobile insurance policies require a deductible to be paid by the insured. A deductible is a

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Money, Banking, Financial Markets and Institutions

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