Practice Problems: Calculating the Annual Premium
Anthony James has a driver rating factor of 4.5. His
insurance includes 100/300 bodily injury limits and
$100,000 property damage limits. His car is in age group
D and insurance rating group 14. He has $50-deductible
comprehensive and $50-deductible collision insurance
.
What is his annual base premium? What is his annual
premium?
Calculate the Annual Base Premium:
Calculate the Annual Premium:
Myron Sato has a driver rating factor of 2.9. His insurance
includes 25/50 bodily injury limits and $50,000 property
damage limits. His van is in age group D and insurance
rating group 12. He has $50-deductible comprehensive
and $50-deductible collision insurance. What is his
annual base premium? What is his annual premium?
Calculate the Annual Base Premium:
Calculate the Annual Premium:
Diane Kyron has a driver rating factor of 3.1. Her
insurance includes 50/100 bodily injury limits and
$50,000 property damage limits. Her car is in age group B
and insurance rating group 13. She has $50-deductible
comprehensive and $50-deductible collision
insurance
.
What is her annual base premium? What is her
annual
premium?
Calculate the Annual Base Premium:
Calculate the Annual Premium:
Lauren Jones has a driver rating factor of 4.3. Her
insurance includes 25/50 bodily injury limits
and
$25,000 property damage limits. Her car is in age group
D and insurance rating group 11. She has $
50-deductible
comprehensive and $50-deductible collision
insurance.
What is her annual base premium? What is her
annual
premium?
Calculate the Annual Base Premium:
Calculate the Annual Premium:
