Homework Answers
It is essential to understand the two components of the insurance in order to answer the question.
Deductibles: It is the amount that the insurance holder needs to pay in the event of an accident before insurance company starts paying.
Premium: It is the amount that the insurance holder pays on a regular basis to be able to claim insurance in the case of an event.
The amount mentioned here: $3000 refers to the deductible in the event of an accident. (deductible)
And the sentence also says that Roger prefers paying $3000 rather than paying for full coverage. (premium)
Thus Roger is in favor of high deductible and less premium, i.e., option C)
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