Question 24 does business in a state having no-fault Universal Insurance Company insurance. An insured carries all three classifications of insuranc deductible for collision. The insured paid an annu insured fell asleep at the wheel and had medical expenses for him se $1,280 and auto repair expenses of $800. Compute the amount that Universal Insurance Company premium was over the amount the insurance of insurance, with a $500 nual premium of $2,790. The id an annual premium of lf of company paid in benefits. Question 25 1 pts Garnet Corporation insured a building for $370,000 for one year at a premium rate of $6.50 per thousand: Three months later the Garnet Corporation sold the building and canceled the policy. The insurance company refunded the remaining three-quarters of the premiumat the short-rate based on a penalty of 10% of the annual premium. Compute the amount the insurance company