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A 19-year-old female buys 50/100/50 liberty insurance collision insurance with a $500 deductible and comprehensive insurance with a $250 deductible what is her total annual premium?
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9 votes
A 19-year-old female buys 50/100/50 liberty insurance collision insurance with a $500 deductible and comprehensive insurance with a $250 deductible what is her total annual premium?

A 19-year-old female buys 50/100/50 liberty insurance collision insurance with a $500 deductible-example-1
User Nirsky
by
5.1k points

2 Answers

12 votes

Answer: 1167.25

Explanation:

Step 1.

Calculate the annual premium for liability insurance

= bodily injury premium + property damage premium

= 310 + 245= 555

Step 2.

Add collision & comprehensive premium deductibles

555+ 148+ 102= 805

Step 3.

Calculate the total annual premium

805 x 1.45= 1167.25

User Botbot
by
4.9k points
5 votes

Answer:

It’s $1167.25

Explanation:

Just got a 100%

A 19-year-old female buys 50/100/50 liberty insurance collision insurance with a $500 deductible-example-1
User Serhii Londar
by
3.8k points
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