asked 1.4k views
4 votes
Automobile insurance companies have a problem with people who buy insurance and then drive recklessly or take less care to avoid losses after being insured. in other words, the automobile insurance market is subject to

asked
User Slb
by
8.0k points

1 Answer

3 votes
i think the proper term is "moral hazard"
answered
User Hopstream
by
8.2k points
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