Which of the following is a consequence of a poor loss history for an insured?

A poor loss history for an insured signals to the insurance company that the insured has a greater risk of future claims. As a result, insurers typically respond by increasing premium costs to offset the heightened risk. This means the insured will likely face higher premiums than someone with a better loss history. Additionally, insurance companies may limit the coverage options available to the insured, as they might be unwilling to provide certain types of coverage that are riskier to them under these circumstances.

Insurance providers assess risk based on various factors, including past claims, and a poor loss history can make it challenging for the insured to secure favorable terms. This leads to the conclusion that individuals with a less favorable loss history often face increased costs and fewer choices in terms of coverage, thereby solidifying the understanding that option B accurately reflects the consequences of a poor loss history.