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Sagot :
To determine Sue's annual premium for her automobile insurance, let’s follow a step-by-step process using the provided information.
1. Identify the Rating Factor:
- Age Group: Sue is 43 years old, which places her in the 30-49 age group.
- Ownership: Sue owns her car.
- Commute to Work: Sue takes the bus to work, so she does not drive her car to work.
- Rating Factor: According to the driver-rating factor table, a person in the 30-49 age group who owns their car but does not drive to work has a rating factor of [tex]\( 1.00 \)[/tex].
2. Identify the Basic Rate for Collision Coverage:
- Car Class Rating: Sue’s car has a safety rating of 22.
- Collision Deductible: Sue’s collision deductible is [tex]$250. - The basic rate schedule for a car class rating of 21-30 with a collision deductible of $[/tex]250 is \[tex]$1040 for a 6-month period. 3. Calculate the 6-Month Premium: - 6-Month Premium Calculation: Multiply the basic rate by the rating factor. - \[ \text{6-Month Premium} = 1.00 \times 1040 = \$[/tex]1040
\]
4. Calculate the Annual Premium:
- Annual Premium Calculation: The annual premium is twice the 6-month premium.
- [tex]\[ \text{Annual Premium} = 1040 \times 2 = \$2080 \][/tex]
Thus, Sue's annual premium is [tex]\( \$2080 \)[/tex].
Answer: B. \$2080
1. Identify the Rating Factor:
- Age Group: Sue is 43 years old, which places her in the 30-49 age group.
- Ownership: Sue owns her car.
- Commute to Work: Sue takes the bus to work, so she does not drive her car to work.
- Rating Factor: According to the driver-rating factor table, a person in the 30-49 age group who owns their car but does not drive to work has a rating factor of [tex]\( 1.00 \)[/tex].
2. Identify the Basic Rate for Collision Coverage:
- Car Class Rating: Sue’s car has a safety rating of 22.
- Collision Deductible: Sue’s collision deductible is [tex]$250. - The basic rate schedule for a car class rating of 21-30 with a collision deductible of $[/tex]250 is \[tex]$1040 for a 6-month period. 3. Calculate the 6-Month Premium: - 6-Month Premium Calculation: Multiply the basic rate by the rating factor. - \[ \text{6-Month Premium} = 1.00 \times 1040 = \$[/tex]1040
\]
4. Calculate the Annual Premium:
- Annual Premium Calculation: The annual premium is twice the 6-month premium.
- [tex]\[ \text{Annual Premium} = 1040 \times 2 = \$2080 \][/tex]
Thus, Sue's annual premium is [tex]\( \$2080 \)[/tex].
Answer: B. \$2080
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