9. Saving money on your auto insurance - Good and bad decisions Simone recently went online to review her auto insurance policy. Her policy is a Personal Automobile Policy and provides liability coverage with limits of $250/500/250, $50,000 of medical payment insurance, and uninsured and underinsured motorist coverage with limits of $1/2. She has collision and comprehensive auto insurance, and both have no deductible, Consider the following adjustments Simone could make to her policy and the effect they would have on her monthly premium Indicate whether each change would be worth the additional cost or cost savings by selecting "Yes" or "Wo" in the final column of the table. Smart Savings on Insurance Premiums Effect on Premium Worth It? Switch from limits of $250/500/250 to $100/300/100 Increase collision and comprehensive deductible to $500 Eliminate Coverage Support that Simone gets quotes from other auto insurance companies and finds that one company offers the same coverage as her current plan, but for $15 less per month True or Falue: Rates do not wary substantially acros policies with identical coverage; therefore, you can assume that simone's current company offers a higher quality of service and/or coverage than the other company False True auto insurance policy. Her policy is a Personal Automobile Policy and provides liability coverag at insurance, and uninsured and underinsured motorist coverage with limits of $1/2. She has ave no deductible he could make to her policy and the effect they would have on her monthly premium. Indicate w tor cost savings by selecting "Yes" or "No" in the final column of the table. Smart Savings on Insurance Premiums Effect on Premium? Worth It? $100/300/100 deductible to $500 Increase Decrease other auto insurance companies and finds that one company offers the same coverage as her currer antially across policies with identical coverage; therefore, you can assume that Simone's current comp erage than the other company. n Insurance Premiums on Premium? Worth It? Yes No linds that one company offers the same coverage as her current plan pverage; therefore, you can assume that Simone's current company on