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the term means the maximum amount of money your insurance company will …

Question

the term means the maximum amount of money your insurance company will pay for covered damage in an accident. premium; coverage rating; insurance maximum; policy limit. question 8 which of the following three factors will raise auto insurance rates? speeding tickets, living in larger cities, driving a sports car; speeding tickets, living in larger cities, driving an older truck; dui, senior citizens, job profession; dui, senior citizens, infant car seats

Explanation:

Brief Explanations
  1. For the first question, the policy limit is the maximum amount an insurance company will pay for covered damages in an accident. A premium is the amount the policy - holder pays regularly to the insurance company. Coverage rating is related to the level of coverage and not the maximum payment amount. "Insurance Maximum" is not a standard term in this context.
  2. For the second question, speeding tickets indicate a higher - risk driver, living in larger cities often means more traffic and higher accident rates, and driving a sports car is typically associated with higher insurance rates due to its higher performance and potential for more costly accidents. Speeding tickets, living in large cities, and driving older trucks do not have the same combined impact on rates as the first option. DUI is a high - risk factor, but senior citizens, job profession, and infant car seats do not directly raise auto insurance rates in the same way as the factors in the first option.

Answer:

  • First question: D. Policy Limit
  • Second question: A. Speeding Tickets, Living in Larger Cities, Driving a Sports Car