Final answer:
Craig's annual base premium is calculated by adding the base premiums for property damage and bodily injury limits, collision insurance, and comprehensive insurance, which totals $493.65.
Step-by-step explanation:
The student asked about calculating Craig's annual base premium for his truck insurance, which includes property damage limits, bodily injury limits, collision insurance, and comprehensive insurance. To find the annual base premium, we need to add up the cost of all the different insurance coverages that Craig has purchased for his truck.
The base premium for property damage and bodily injury limits is $214.45. His base premium for $50 deductible collision insurance is $214.00, and for $50 deductible comprehensive insurance it is $65.20. To calculate Craig's annual base premium, we add those amounts together:
- Property damage and bodily injury limits base premium: $214.45
- Collision insurance base premium: $214.00
- Comprehensive insurance base premium: $65.20
Craig's annual base premium is the sum of these figures:
Total Annual Base Premium = $214.45 + $214.00 + $65.20 = $493.65
Therefore, Craig's annual base premium for his truck insurance would be $493.65.