Question

The comprehensive or collision premium of a Rolls-Royce in relationship to a Chevy

A) will be higher because a Rolls-Royce costs more than a Chevy.
B) will be lower because Rolls-Royce drivers will be more careful.
C) depends on the state insurance rate structure in which the car is insured.
D) is a poor investment.

Answer 1

The comprehensive or collision premium of a Rolls-Royce in relationship to a Chevy depends on the state insurance rate structure.

Step-by-step explanation:

The comprehensive or collision premium of a Rolls-Royce in relationship to a Chevy depends on the state insurance rate structure in which the car is insured. The cost of insurance is determined by various factors such as the value of the vehicle, the potential repair costs, and the likelihood of accidents or theft. Therefore, option C - depends on the state insurance rate structure in which the car is insured - is the most accurate answer.