Which of the following statements is not something you should be thinking when considering changes in your auto insurance policy?
a.Higher deductibles mean lower premiums but more out-of-pocket expense in the event of an accident.
b.The premium you pay guarantees that you will never have to pay more than your deductible in the event of an accident.
c.The more types of insurance you include in your policy, the more protected you are from financial loss in the event of an accident.
d.Lower coverage limits mean lower premiums but more restrictions on the insurance company when covering.

Respuesta :

W0lf93
The statement in which you should not think when considering changes in auto insurance policy is “Lower coverage limits mean lower premiums but more restrictions on the insurance company when covering. As that only affects the insurance company in question".
I believe the answer is:D. Lower coverage limits mean lower premiums but more restrictions on the insurance company when covering. As that only affects the insurance company in question


Lower coverage does not necessarily means lower premiums.
Premiums is the amount of payment that you had to made in order to keep your insurance going. Lower coverage only decrease The chance from scoring the insurance policy.