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Basic logic of auto and homeowners insurance

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Reference no: EM133149460

Please answer the following questions:

1. What would happen if we charged all of our customers the same price? (Insurance perspective for home/auto insurance)

2. Think about some basic logic of auto and homeowners insurance, like what could cause an increase and decrease in profits in certain situations. Explain.

3. Why has covid-19 increased/decreased auto/home insurance. explain for both.

Reference no: EM133149460

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