MathsGee Answers - Recent questions tagged coverage
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Powered by Question2AnswerWhat is the probability that an automobile owner purchases neither collision nor disability coverage?
https://mathsgee.com/qna/21614/what-is-the-probability-that-an-automobile-owner-purchases-neither-collision-nor-disability-coverage
An actuary studying the insurance preferences of automobile owners makes the following conclusions: (i) An automobile owner is twice as likely to purchase collision coverage as disability coverage. (ii) The event that an automobile owner purchases collision coverage is independent of the event that he or she purchases disability coverage. (iii) The probability that an automobile owner purchases both collision and disability coverages is 0.15. What is the probability that an automobile owner purchases neither collision nor disability coverage?Data Sciencehttps://mathsgee.com/qna/21614/what-is-the-probability-that-an-automobile-owner-purchases-neither-collision-nor-disability-coverageSat, 21 Nov 2020 06:25:19 +0000Before a person can receive money to cover the damage from a car accident, he must
https://mathsgee.com/qna/12628/before-a-person-can-receive-money-to-cover-the-damage-from-a-car-accident-he-must
Before a person can receive money to cover the damage from a car accident, he must<br />
<br />
A. file a claim with his insurance company.<br />
B. increase his insurance coverage.<br />
C. have a witness who will testify for him.<br />
D. notify the lender who gave him a car loan.Mathematicshttps://mathsgee.com/qna/12628/before-a-person-can-receive-money-to-cover-the-damage-from-a-car-accident-he-mustThu, 28 May 2020 08:53:29 +0000How should a person decide how much coverage she needs when selecting renters insurance?
https://mathsgee.com/qna/12620/how-should-a-person-decide-how-much-coverage-she-needs-when-selecting-renters-insurance
How should a person decide how much coverage she needs when selecting renters insurance?<br />
<br />
A. Do online research to find out the minimum coverage requirement.<br />
B. Ask salespeople from several different insurance companies.<br />
C. Determine the dollar value of personal property to be covered by insurance.<br />
D. The amount of insurance is the same for everyone.Mathematicshttps://mathsgee.com/qna/12620/how-should-a-person-decide-how-much-coverage-she-needs-when-selecting-renters-insuranceThu, 28 May 2020 08:38:01 +0000