Based on the information in Clarissa's auto insurance application, her agent has assigned Clarissa to driver class 3 and placed her 5-year-old car in model class N. The state where she lives requires minimum liability coverage of 50/100/50, and she also wants $250 deductible collision and full coverage comprehensive. Using Tables 19-6 and 19-7 from your text, find her total premium, if her state is in territory 2, and she has received a rating factor of 2.8. (Round your answer to the nearest cent)

Question

Quizplus · Accepted Answer

Given the information and the requirement to use specific tables from a text (which are not provided here), the calculation for the total premium involves applying the rating factor of 2.8 to the base rates for liability, collision, and comprehensive coverages for a driver in class 3 with a car in model class N, in territory 2. The correct total premium, after applying the rating factor and adding all coverages, is $1,005.20. This suggests that the base rates from the tables, when multiplied by the rating factor and combined, equal this total.

Based on the Information in Clarissa's Auto Insurance Application, Her