why does having a higher deductible lower your insurance premiums?

Answers

Answer 1

Answer: That's because you're agreeing to take on more of the cost of the damage.

Explanation: the lower you set your deductible, the more you'll pay for car insurance, because you'll be paying less out of pocket. I think <3


Related Questions

Explain the term economic activity

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Answer:

1] Income Generation. All economic activities will generate some form of income. It is not compulsory that such income...

Explanation:

The simple interest on $400 at 5% per annum for 2 years is.:

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The simple interest amount that $400 principal will earn in 2 years at the rate of 5% is $40.

Data and Calculations:

Principal amount = $400

Simple Interest rate = 5% p.a.

Time = 2 years

Simple interest amount = $40 ($400 x 5% x 2)

The simple interest does not enjoy the power of compounding that increases savings.

Thus, the simple interest that the principal will earn in 2 years at the rate of 5% is $40.

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If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is

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Answer:

25 percentage

Explanation:

if 4000 is equal to 100 percent what about one thousand the rate is equal to 25 percentage

The two early economic plans proposed by President Carter improved economic growth. Did not improve economic growth. Gained support from many politicians. Reduced discrimination against banks.

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The two early economic plans proposed by President Carter did not improve economic growth.

Jimmy Carter became the president of the United States at the time where the country was in a period of stagflation. There was high inflation in the country then and the economic growth was also very slow.

Jimmy carter tried to create reforms regarding the health sector, taxes, and the welfare of the nation.

His efforts to do these failed. One of the reasons why they failed was the fact that he had very poor relations with the congress.

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Answer:

B. did not improve economic growth.

Explanation:

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which three activities are part of the function of accounting?

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The 3 activities which are part of the function of accounting includes:

Classifying financial transactions interpreting financial transactions Recording financial transactions

Accounting (including bookkeeping) refers to the process of recording, preparing, analyzing and interpreting financial information or statements for future purpose.

As regards the options, 3 activities which are part of the function of accounting includes:

Classifying financial transactions interpreting financial transactions Recording financial transactions

In conclusion, the process of accounting helps to identifies, records, classifies and communicate the company's economic events to interested users.

Missing word includes "1. prioritizing financial transactions 2. classifying financial transactions 3. planning financial transactions 4. interpreting financial transactions 5. recording financial transactions"

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If you move a shipment from point A to point B, the subsequent movement from point B back to point A is most commonly referred to as the ____________

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When an individual moves a shipment from one point to another point and then moved it back to the previous point, it's known as reciprocal movement.

Reciprocal movement simply means a movement that's repetitive in a rotational or linear manner.

If one moves a shipment from point A to point B, the subsequent movement from point B back is reciprocal movement. Reciprocal movement can also occur when two businesses promote each other so that they'll gain a mutual benefit.

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An annuity refers to a a.principal payment. b.lump sum payment. c.balloon payment. d.series of equal cash receipts at fixed intervals.

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The answer is D. The series of equal cash receipts at fixed intervals.

Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

What is the yearly payment amount?
A.$360
B.$6,360
C.$1,800
D.$18,000

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The answer for this problem is c

can someone please help me i need the sales analysis for covergirl. please help it's due in 30 minutes

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HOW ABT the beach set.

what is the coordinating mechanism in a market system?

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Answer:

The price mechanism is the central coordinating mechanism in a market economy. Prices tell people what to use their resources.

Explanation:

What is not a determinant of ped.

Answers

Answer:

Goods on which consumer spend less proportion of his income has an inelastic demand like a needle and newspaper. But the amount of income of a consumer does not affect the price elasticity of demand. Consumer's income has no relation with the price elasticity of demand for a particular good.

Explanation:

which of the promotion methods is the most precise?

Answers

My answer is nugget that is my answer
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