Use the following information to answer the next 3 questions. The accident caused $3,000 worth of damage to your car. You have liability coverage of 60/125/45 which costs you $290 per year. The book value of your car is $2,500. The annual cost for collision coverage is $230 with a $1500 deductible. 9. What is the cost per $1,000 of collision coverage? $230.00 $717.00 $275.00 $605.00