Driver Sanders has a poor driving record and pays triple the regular premium. The regular premium would be $2,100 and covers Sanders for all three classifications of insurance with a $500 deductible for auto collision. During the year, Sanders sideswiped a row of parked cars. Repairs to the parked cars cost $1,870, $4,950, $2,340, and $378. Repairs to Sanders' car cost $490. Compute the amount the insurance company paid out in benefits over the amount it received in premium for this policy.

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The Answer of Driver Sanders has a poor driving record and pays triple the regular premium. The regular premium would be $2,100 and covers Sanders for all three classifications of insurance with a $500 deductible for auto collision. During the year, Sanders sideswiped a row of parked cars. Repairs to the parked cars cost $1,870, $4,950, $2,340, and $378. Repairs to Sanders' car cost $490. Compute the amount the insurance company paid out in benefits over the amount it received in premium for this policy.

Driver Sanders Has a Poor Driving Record and Pays Triple