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  3. 2. you have the following two insurance companies

2. You have the following two insurance companies to insure your brand-new car. Assume that...

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2. You have the following two insurance companies to insure your brand-new car. Assume that you are able to pay a maximum of $360 for your car insurance. Which of the two insurance companies would you choose? Safe insurance ALAC insurance company company Number of policies sold last year 4000 32.000 Last year's expenses $2.180.000 $8.710,000 Also note that 38 of Sate premiums are used to cover the administrative expenses and 69% of ALAC premiums are used to cover the car damages a. I will choose Safe insurance company b. I will choose ALAC insurance company clam indifferent, I can choose either Safe or ALAC insurance companies d. I can't choose any company e. I can't decide based on the given information

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