Question

Fran naders insurance coverage bodily Injury 25/100 and $100,000 property damage. It has a $50-deductible comprehensive and a $50-deductible collision. Her car is in age group C and Insurance-rating group 10(or C,10) and her driver-rating Factor is 1.50.

Answer 1

$250,000

Explanation:

From the question given, we recall the following,

Fran naders insurance coverage bodily injury = 25/100

The property damage =$100,000

The deductible comprehensive =$50

The deductible collision =$50

The driving factor= 1.50

Then,

We find the annual/yearly premium

So,

The Annual premium = Face amount x $1000

25/100 x 100,000 x 100

Therefore,

25,000 x 100 = $250,000

=$250,000

Answer 2

$250,000

Explanation:

This is the correct question below;

Fran naders insurance coverage bodily Injury 25/100 and $100,000 property damage. It has a $50-deductible comprehensive and a $50-deductible collision. Her car is in age group C and Insurance-rating group 10(or C,10) and her driver-rating Factor is 1.50.

Find her annual premium.

To calculate this, we proceed as follows;

Mathematically,

Annual premium = Face amount * $1000

25/100 * 100,000 * 100

This is 25,000 * 100 = $250,000