Limited access

Upgrade to access all content for this subject

All of the following describe examples of moral hazard EXCEPT

A

a lawyer does his work less carefully once he obtains malpractice insurance.

B

a car owner begins driving above the speed limit after buying automobile insurance.

C

an individual obtains health insurance following a diagnosis of heart disease.

D

an individual stops flossing and brushes his teeth less often after getting a new job that provides him with dental insurance.

E

a homeowner fails to do regular maintenance on his house after he increases the coverage under his homeowners insurance policy.

Select an assignment template