If an insured pays a premium that is lower than others that are in the same class, this insured is considered to be rated as ______.

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asked Dec 27, 2021 130k views

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Nimish Choudhary · Answer 1 · 2021-12-31T21:45:30+0000

Answer:

Insurance Risk Class

Step-by-step explanation:

Insurance Risk Class allows insurance firms to determine the amount of coverage needed and how much that this cost, since no two individuals have the same risks.

If an insured pays a premium that is lower than others that are in the same class, this insured is considered to be rated as ______.

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