tom is considering making changes to his policy to make insurance more affordable. which of the following…

tom is considering making changes to his policy to make insurance more affordable. which of the following statements is not something tom should consider when making changes to his policy? a. increasing the deductible on collision insurance will reduce his overall monthly and annual expense, but will lead to more out - of - pocket expense if he is in a collision. b. removing comprehensive insurance will reduce his overall expense, but will leave tom entirely responsible for the cost of a new windshield if he hits a rock on the highway. c. increasing the limits on his bodily injury insurance will reduce his overall expense by putting greater limits on how much the insurance company will pay for injuries. d. removing property damage insurance will reduce his overall expense, but will leave tom responsible for the cost of repairs to any other cars involved with tom in a collision. please select the best answer from the choices provided

tom is considering making changes to his policy to make insurance more affordable. which of the following statements is not something tom should consider when making changes to his policy? a. increasing the deductible on collision insurance will reduce his overall monthly and annual expense, but will lead to more out - of - pocket expense if he is in a collision. b. removing comprehensive insurance will reduce his overall expense, but will leave tom entirely responsible for the cost of a new windshield if he hits a rock on the highway. c. increasing the limits on his bodily injury insurance will reduce his overall expense by putting greater limits on how much the insurance company will pay for injuries. d. removing property damage insurance will reduce his overall expense, but will leave tom responsible for the cost of repairs to any other cars involved with tom in a collision. please select the best answer from the choices provided

Answer

Brief Explanations:

Increasing bodily - injury insurance limits typically increases the cost of the policy, not reduces it. Higher limits mean the insurance company is liable for more in case of an injury claim, so they charge more in premiums. Options a, b, and d correctly describe how changes in insurance policies affect costs and coverage.

Answer:

C. Increasing the limits on his bodily injury insurance will reduce his overall expense by putting greater limits on how much the insurance company will pay for injuries.