Alana wishes to obtain auto insurance. She wants 100/300/100 liability coverage, $250 deductible collision and full coverage comprehensive. She lives in territory 2 and has been assigned to driver class 2 with a rating factor of 1.05. Based on Tables 19-6 and 19-7 from your text, what would be her total premium, if her 3-year old car were in model class L? (Round your answer to the nearest cent)

Question

Quizplus · Accepted Answer

The total premium calculation involves adding the premiums for liability, collision, and comprehensive coverages, each adjusted by the territory, driver class, and model class factors. The specific values from Tables 19-6 and 19-7 would provide the base rates for each coverage, which are then multiplied by the rating factor of 1.05 for the correct total. Without the actual tables, the process involves finding the base rates, applying the rating factor, and summing the premiums for the final answer.

Alana Wishes to Obtain Auto Insurance