Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%. His original policy was set up using the premiums listed below. What is his new annual premium after the increase for the accident?.

Sagot :

Martebi

Premium is often paid by people based on some kinds of services offered.

From the picture attached, we can see Royce' premiums for the previous year, which were;

  • Bodily injury $22.50
  • Property damage $144.75
  • Collision $275.75
  • Comprehensive $100

If you add all together, the total premium of the policy was $543

Note that the premiums will increase by 5.2%,

therefore, the new total premium will be = $543 x 1.052 = $571.24

Learn more from

https://brainly.com/question/13880376

View image Martebi
Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.