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Donna, who is single and 30-years-old, has received several speeding tickets recently and was shocked by the effect on her auto insurance. Donna drives a
Donna, who is single and 30-years-old, has received several speeding tickets recently and was shocked by the effect on her auto insurance. Donna drives a 2002 Pontiac Firebird, is currently not covered by health insurance, has an emergency fund of $25,000, an income of S100,000 per year, and an investment portfolio of $230,000. She is trying to reduce the price of her auto insurance. Which of the following actions is most likely to be advisable. a. lower her liability limits to the minimum allowed in her state b. drop her medical payments coverage c. raise her deductible from $250 to $1,000 d. drop her comprehensive coverage and keep collision-only e. drop everything from her policy except the liability insurance 13
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