Question

Question 2 of 10
At what point does collision insurance stop being beneficial for a consumer?
O A. When the cost of the premium becomes greater than the value of
the car
B. When the value of the car is greater than the cost of the premium
O c. When the cost of the deductible becomes greater than the cost of
the premium
O
D. When the value of the car is greater than the cost of the deductible
SUBMIT

Answer 1

Collision insurance actually stops being beneficial for a consumer: A. When the cost of the premiums becomes greater than the value of the car.

What is collision insurance?

Collision insurance is actually known to be a coverage that actually pays for the repair of damaged cars which encounter accidents with another vehicle or object. Such cars can also be replaced which the collision insurance covers.

Thus, when the cost of the premium becomes greater than the value of the car, the collision insurance stops being beneficial for a consumer.

Learn more about collision insurance on https://brainly.com/question/14198136