5
QuizMultiple Choice

Auto Insurance

Question 5 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Which of the following is not a factor that affects your auto insurance premiums?

Answer
A
year, make, and model of your car
B
where you live
C
the color of your car
D
overall value of your car

Explanation

The color of your car generally does not affect your auto insurance premium. Insurers may consider the car’s year, make, model, and value, as well as where you live, because these can affect repair costs or the likelihood of a claim. So the correct choice is “the color of your car.”

AI-written and checked against the verified answer.

Previous
Next