Many automobile insurance policies require a deductible to be paid by the insured. A deductible is a
Question:
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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Related Book For
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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