Question

What is the most important factor in rating someone for liability coverage?

Option 1: Driving record and history
Option 2: Credit score and financial stability
Option 3: Type and amount of coverage requested
Option 4: Age and gender of the insured

Answer 1

The most important factor in rating someone for liability coverage is their driving record and history.

Step-by-step explanation:

The most important factor in rating someone for liability coverage is Option 1: Driving record and history.

Insurance companies assess the driving history of the insured to determine the risk of accidents and claims.

A clean driving record with no accidents or violations generally leads to lower insurance premiums, while a history of accidents or violations can result in higher premiums.