When starting an automobile insurance plan, there are many factors that will determine the premium paid by the policyholder.

Question

Part one: What are some of the coverage choices (options and levels of coverage) the policyholder can make that would lead to a lower premium?

Part two: What effect do these choices have on mitigating risk?

Answer 1

drop comprehensie, drop collision, keep liability. make deductables high

The risk, you wont be covered, and you pay if you have a wreck.