Pursue the cheapest possible policy

Reference no: EM131301814

1. Consumers commonly focus on the price when buying auto insurance. They feel less pain from buying auto insurance by paying as little as possible. However, this strategy can backfire, because the insurance they receive may reflect the low price they paid. Describe your own behavior when purchasing auto insurance. Do you request specific insurance coverage or pursue the cheapest possible policy?

2. Read one practical article of how psychology affects decisions when buying auto insurance. You can easily retrieve possible articles by doing an online search using the terms "psychology" and "buying auto insurance." Summarize the main points of the article.

Reference no: EM131301814

Questions Cloud

Analyse various mail server administration scenarios : Communication Server Administration (COMP 30005) - Critically compare and contrast your preferred communication system with other communication systems in terms of work flow and administration scenarios. Provide justification for your choice.

What is a crc sequence used for : List at least four tasks the gateway may do ? List at least four transmission media and formats that a media gateway should be able to support.

Compare the teachings of confucius : Compare the teachings of Confucius and Aristotle on what constitutes virtue or good ethical character and conduct, noting similarities and differences in specific ideas or emphasis.Consider what your findings suggest about differences between anci..

What the financial risks could be if they were to expand : Evaluate the financial risks associated with operating internationally. If your chosen company does not operate internationally, evaluate what the financial risks could be if they were to expand internationally.

Pursue the cheapest possible policy : Describe your own behavior when purchasing auto insurance. Do you request specific insurance coverage or pursue the cheapest possible policy?

What is the stock expected price seven years from today : A stock that currently trades for $40 per share is expected to pay a dividend of $2 per share. The dividend is expected to grow at a constant rate over time. The stock has a beta of 1.2, the risk-free rate is 5% and the market risk premium is 5%..

What is a sap and what is its function : LLC derives from what familiar link-layer protocol? Describe the three basic communication services offered by the LLC. In the description show similarities and differences among the three

Value in decimal format and report : What is the probability that a five card poker hand containns a flush (including straight and royal flush) that, is five cards of the same suit? (Note: Enter the value in decimal format and report it to five decimal places)

Determine the cost of the beverage : Have you ever wondered why a 16-ounce beverage costs only a little more than the 12- ounce serving? Chances are that the company producing the beverage conducted a financial analysis to determine the cost of the beverage versus what the market wou..

User Account

All Pages