Which of the following statements is TRUE about auto insurance premiums?
Group of answer choices

If you have an auto insurance policy and don't get into a car accident or file any claims for a year, you get your premiums back from the insurance company.

If you have an auto insurance policy and get into multiple accidents within one year, your premium amount will decrease.

Auto insurance premiums are a fixed price across all insurance companies.

Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price and coverage.

Question

12-05-2022
Health

contestada

Which of the following statements is TRUE about auto insurance premiums?
Group of answer choices

If you have an auto insurance policy and don't get into a car accident or file any claims for a year, you get your premiums back from the insurance company.

If you have an auto insurance policy and get into multiple accidents within one year, your premium amount will decrease.

Auto insurance premiums are a fixed price across all insurance companies.

Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price and coverage.

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batolisis batolisis · Answer 1 · 2022-05-16T11:15:48+02:00

The true statement about auto insurance is : ( D ) Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price and coverage.

What is Auto insurance ?

Auto insurance is a contract entered between a car owner or his representative with an insurance company, which protects the car owner from any financial losses arising from the damage or loss of the car. A premium is been paid as agreed between the car owner and the insurance company to keep the auto insurance active.

The premium amount varies from company to company.

In conclusion Auto insurance premiums can vary from company to company, therefore, it is important to comparison shop for the best price and coverage.

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