Social Studies, 27.06.2019 11:00 vanessabeausoleil

Which statement best explains why insurance companies charge higher premiums for high-risk individuals and events? a) high-risk events occur more often than low-risk events. b) these people pay higher federal and state income tax rates. c) the risk of monetary loss is greater for these people and events. d) high-risk individuals spend more money than low-risk individuals.

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