Question

Most direct costs of accidents are usually paid by the insurance company?

1) True
2) False

Answer 1

The statement "Most direct costs of accidents are usually paid by the insurance company" is True.

Step-by-step explanation:

The statement "Most direct costs of accidents are usually paid by the insurance company" is True.

Insurance companies typically cover the direct costs of accidents through the payment of claims. These costs include expenses such as medical bills, vehicle repairs, and property damage. By paying these costs, insurance companies provide financial protection to policyholders and help them recover from accidents.

However, it's important to note that insurance companies also have other costs, such as administrative expenses and the costs of running their business, which are covered by the premiums paid by policyholders.