Question: Experience rating plans can be used to modify rates of individual accounts. Which one of the following is a benefit of experience rating plans? Select

Experience rating plans can be used to modify rates of individual accounts. Which one of the following is a benefit of experience rating plans? Select one: A. Experience rating plans do not use credibility factors like other individual rating plans. B. State insurance departments do not regulate experience rating plans. C. Changes in an insured's loss experience are immediately recognized in the insured's premium. D. Experience rating plans encourage the insured to implement risk control measures

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