Question

Victor bought 50/100/50 liability with a $250 deductible on collision and $150 deductible on comprehensive coverage. If the base premiums are $310, $245, $185, and $102, respectively, how much is his total base premium?

Answer 1

Hi there

Total base premium
310+245+185+102
=842

Answer 2

$842 is the answer.

Explanation:

Victor bought 50/100/50 liability with a $250 deductible on collision and $150 deductible on comprehensive coverage.

Limits of 50/100/50 is divided as $50,000 - $100,000 - $50,000 for various coverage.

If the base premiums are $310, $245, $185, and $102, respectively, then the total base premium will be the sum of all the premiums.

`310+245+185+102` = $842