MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a way to lower your insurance premium?
A
have a good driving record
B
be involved in sports
C
have a parent with you at all times
D
buy a sports car
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.

There is 1 question to complete.