Question

All of the following are PRINCIPAL rating factors in determining automobile insurance premiums EXCEPT

1. the insured's driving safety record.
2. the number of miles driven annually.
3.the zip code where the vehicle is housed.
4.the years of driving experience the insured has.

Answer 1

The principal rating factors in determining automobile insurance premiums are the insured's driving safety record, the zip code where the vehicle is housed, and the years of driving experience. The number of miles driven annually is not a principal rating factor.

Step-by-step explanation:

The subject of this question is Business. The question is asking about the PRINCIPAL rating factors in determining automobile insurance premiums. The options given are the insured's driving safety record, the number of miles driven annually, the zip code where the vehicle is housed, and the years of driving experience the insured has.

Out of these options, all of them except the number of miles driven annually are PRINCIPAL rating factors in determining automobile insurance premiums. The number of miles driven annually does affect insurance premiums but is not one of the principal rating factors.