Final answer:
The student's question about graduated driver license fines is not directly answered by the provided information on insurance premiums. Graduated license fines vary by location and are separate from annual insurance premium calculations.
Step-by-step explanation:
The question regarding graduated driver license fines relates to the potential financial penalties associated with not following the graduated driver's license (GDL) program rules.
However, the information provided about insurance premiums doesn't directly answer the question about GDL fines. For clarity, graduated driver license fines vary by jurisdiction and would be found in the local traffic laws or DMV guidelines, not from an insurance company premium calculation.
The information provided is actually about how an insurance company collects premiums to cover the costs of accidents. For example, if each of the 100 drivers pays a $1,860 premium each year, this would result in the insurance company collecting a total of $186,000 to cover these costs.
The fines for graduated driver licenses can vary depending on the state and the specific violation committed. In general, however, fines for graduated driver licenses can range from $50 to $200 or more. For example, in New York State, a violation of the graduated driver licensing restrictions can result in a fine of up to $200.
It's important to note that fines are not the only consequence of violating graduated driver license restrictions. In many cases, violations can also result in points being added to the driver's license record, which can lead to higher insurance rates and potential license suspension.
It is always important to follow the rules and restrictions of a graduated driver license to ensure your safety and the safety of others on the road.