Exam DISC-RM Practice Question 208
Study guide: Exam DISC-RM
A homeowners underwriter and a commercial property underwriter each think an applicant's property is better maintained than average. Which describes how each can usually reflect that in the premium?
- A) Only the commercial underwriter can usually credit the account; the homeowners policy is class-rated
- B) Both can apply discretionary credits of the same size, because both lines are property insurance
- C) Only the homeowners underwriter can credit the account, because personal lines are less regulated
- D) Neither can reflect it, because premium is set entirely by the actuarial department
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