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21) Which of the following conditions an auto insurer most likely NOT experience if it sold a new policy with a $0 deductible when compared
21) Which of the following conditions an auto insurer most likely NOT experience if it sold a new policy with a $0 deductible when compared to a $500 deductible? a. Higher frequency of claims. b. Higher investment income. c. Higher severity of claims. d. Lower Morale hazard. e. Higher Morale hazard
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