Exam DISC-IA Practice Question 254
Study guide: Exam DISC-IA
An insurer decides not to renew any homeowners policy on a house built before 1960, whatever the house's condition, wiring or loss history. Under a state law based on the NAIC Unfair Trade Practices Act, this practice is
- A) permitted, because insurers may choose which risks to renew
- B) unfair discrimination based solely on the age of the residential property
- C) a prohibited rebate, because it changes the terms of the policy
- D) permitted, so long as the insurer gives the notice the policy requires
Answer this question and see the worked solution