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Your automobile insurance includes premiums of $510 for liability, $220 for collision, and $130 for comprehensive. What is your total premium?

User RVM
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2 Answers

0 votes

Answer:

The total premium would be $ 860.

Step-by-step explanation:

Since, the insurance premium is the amount of money paid by an individual for an insurance policy. It is paid for policies that cover healthcare, auto, home, life, etc..

Given,

Premium for liability = $ 510,

For collision = $ 220,

For comprehensive = $ 130,

Hence, the total premium = liability + collision + comprehensive

= $ 510 + $ 220 + $ 130

= $ 860

User Ivan Peric
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7.0k points
5 votes
To get the total insurance premium, just add the three premiums:
Total premium = liability + collision + comprehensive
where:
liability = $510
collision = $220
comprehensive = $ 130
Total premium = $510+$220+$130
=$860
The total premium for the car insurance is $830 which covers the liability, collision and comprehensive (natural disasters, fire, theft, falling objects, vandalism)
User Ashish Awasthi
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6.9k points