> Question 21 2 p With regard to experience rating, which of the following statements is true? O The insured is allowed to choose the desired credibility factor. Given a history of high claims, the insured would choose a high credibility factor. O The insured is not allowed to choose the desired credibility factor. However, given a history of high claims, the insured would prefer a low credibility factor. The insured is not allowed to choose the desired credibility factor. However, given a history of high claims, the insured would prefer a high credibility factor. The insured is allowed to choose the desired credibility factor. Given a history of high plaims, the insured would choose a low credibility factor