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Dandy Rentals is comparing property insurance bids from multiple commercial insurance companies. the coverage amounts in each bid are similar and experience indicates that 9

Dandy Rentals is comparing property insurance bids from multiple commercial insurance companies. the coverage amounts in each bid are similar and experience indicates that 9 losses of $3,000 each can be expected at Dandy Rentals. Which policy would best meet their financial needs?
1. Annual premium of $30,000 with a $5,000 deductible
2. Annual premium of $50,000 with a 1,000 deductible
3. Annual premium of $40,000 with a $3,000 deductible
4. Annual premium of $65,000 with a $500 deductible

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