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Discuss how an Insurance Companyy determines a premium for a policy. For example, how and why does an 18 year old male, living on Astoria

Discuss how an Insurance Companyy determines a premium for a policy. For example, how and why does an 18 year old male, living on Astoria Queens, driving a Corvette, pay a higher premium than a 53 year male , living in Waco, Texas, driving a Honda Accord.

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