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Molly is shopping for personal auto liability insurance for her new car. She has asked for a quote at the basic limit of $50,000 per
Molly is shopping for personal auto liability insurance for her new car. She has asked for a quote at the basic limit of $50,000 per accident and an option with a $1 million per accident limit. Molly has been advised that the basic limits rate is $400 and that an increased limits factor of 1.75 would be applied for the $1 million limit. What is the rate for the $1 million limit?
A. 475 B. 575 C. 700 D. 1100
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