Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Multiple choiced answer: $300.00 $360.00 $678.60 $870.00 begin{tabular}{|l|l|l|l|} hline TABLE 19-6 & Motor Vehicle Liability Insurance Annual Premiums_Bodily Injury and Property Damage Rates hline

image text in transcribedimage text in transcribed

image text in transcribed

Multiple choiced answer:

$300.00

$360.00

$678.60

$870.00

\begin{tabular}{|l|l|l|l|} \hline TABLE 19-6 & Motor Vehicle Liability Insurance Annual Premiums_Bodily Injury and Property Damage Rates \\ \hline \end{tabular} Based on the information in Marcus's auto insurance application, his agent has assigned Marcus to driver class 1 and placed his tenyear old car in model class J. The state where he lives requires minimum liability coverage of 15/30/10, and he also wants $250 deductible collision and $100 deductible comprehensive. Using Table 19-6 and Table 19-7, find his total premium, if his state is in territory 3 , and he has received a rating factor of 2.9 . (Round your answer to the nearest cent.) $300.00$360.00$678.60$870.00 TABLE 19-7 Motor Vehicle Insurance Annual Premiums_Collision and Comprehensive Rates \begin{tabular}{|l|l|l|l|} \hline TABLE 19-6 & Motor Vehicle Liability Insurance Annual Premiums_Bodily Injury and Property Damage Rates \\ \hline \end{tabular} Based on the information in Marcus's auto insurance application, his agent has assigned Marcus to driver class 1 and placed his tenyear old car in model class J. The state where he lives requires minimum liability coverage of 15/30/10, and he also wants $250 deductible collision and $100 deductible comprehensive. Using Table 19-6 and Table 19-7, find his total premium, if his state is in territory 3 , and he has received a rating factor of 2.9 . (Round your answer to the nearest cent.) $300.00$360.00$678.60$870.00 TABLE 19-7 Motor Vehicle Insurance Annual Premiums_Collision and Comprehensive Rates

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Government And Not For Profit Accounting

Authors: Martin Ives, Laurence Johnson, Joseph R. Razek, Gordon A. Hosch

6th Edition

0132366355, 978-0132366359

More Books

Students also viewed these Accounting questions