BUISENESS MANAGEMENT
INSURANCE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a way to lower your insurance premium?
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have a good driving record
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be involved in sports
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have a parent with you at all times
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buy a sports car
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Explanation:
Detailed explanation-1: -Consider a No-Claim Bonus: A no-claim bonus is a discount that insurance companies offer to customers who have not made any claims in a certain period of time. By maintaining a good driving record and avoiding accidents, you can qualify for this discount and lower your rates.
Detailed explanation-2: -Maintain a good driving record Not only do you prevent expensive speeding tickets or other moving violation costs, you also help keep your insurance rates lower by proving you’re a less risky driver. Additionally, if you have a claims-free or violation-free history, you can receive additional discounts.
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