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Determine the cost of alability insurance premium for the following automobile insurance problem using Tables 1, 2 and 3 in this section Driver classification Male,
Determine the cost of alability insurance premium for the following automobile insurance problem using Tables 1, 2 and 3 in this section Driver classification Male, 47, drives 9 miles to work Liability coverage: 25/50/15 Territory: 1 The cost of the liability insurance premium is $ Table 1: Automobile Liability Insurance Base Annual Premium Bodily Injury Coverage Territory 1 Territory 2 Territory 3 25/40 S83 $94 $115 25/50 897 $120 50/50 $88 $101 $125 $86 Territory 3 $100 Table 2. Automobile Liability Base Annual Premiums Property Damage Coverage Temfory 1 Territory 2 $15,000 $83 $95 $20,000 $85 597 $25.000 586 $99 $50,000 $87 5101 $100,000 $90 $103 $103 $104 $107 $106 Table 3: Automobile Insurance Multiples of Base Annual Premium Pleasure; Drives to Less Than 3 Work 3-9 Miles to Work Miles Each Each Way Way Used in Business Drives to Work 10 Miles or More Each Way 1.10 1.40 1.50 1.50 1.15 1.80 1.45 1.90 1.55 1.70 1.55 1.50 1.20 2.00 1.85 1.80 1.50 2.10 1.95 1.90 1.60 Mature Drivers All others 1.00 Young Females Age 16 Age 1.40 1.05 20 Young Males (married) Age 16 Age 1.60 1.45 20 Age 21 1.40 1.10 Age 24 Young Males Age 16 Age 2.06 1.60 lunmamed, not 20 Age 21 1.55 1.10 principal Age 24 operator owner) Young Males Age 16 Age 2.70 2.55 unmarried and owner) 20 Age 21 2.50 1.90 Age 24 Age 1.50 1.10 26 Age 29 2.15 1.70 1.66 1.20 2.45 2.00 1.95 1.50 2.55 2.10 2.05 1.60 2.80 2.65 2.60 2.00 1.60 1.20 3.10 2.95 2.90 2.30 1.90 1.50 3.20 3.05 3.00 2.40 2.00 1.60 OA. $185.90 B. $189.20 O C. $172.00 O D. $258.00
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