The Superior Insurance Company of Maine recently advertised the following discounts for qualified drivers:
♦ 10 percent discount to drivers who have not had an accident in the past 7 years
♦ 15 percent discount for those with two or more cars; 5 percent discount for insuring both home and car
♦ 10 percent discount for those who drive less than 10,000 miles a year
♦ 25 percent discount for drivers who are good students (have a B average or above)
♦ 10 percent discount for drivers aged 50 or older; 5 percent discount for drivers aged 24 to 49
♦ 5 percent discount for drivers who have taken a defensive driving course
♦ 15 percent discount for noncommuters (less than 30 miles round-trip)
♦ 15 percent discount for cars with antitheft devices
Jana, 25 years old, currently pays $1,200 annually for a PAP for her 2009 Pontiac GT. She uses her car to commute 40 miles round-trip to work and for her biannual cross-country trips to visit relatives. Last year she received a speeding ticket but took a defensive driving course in order to remove the ticket from her record; she has never had an accident. When she purchased her car, she had an alarm installed. Jana is sure that she qualifies for at least one or more discounts. Calculate her new premium if she transfers to the Superior Insurance Company.