Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
To determine David's total annual premium, we need to add up the premiums for each type of insurance he has chosen.
1. Bodily Injury Premium
- David has selected 100/300 liability insurance.
- The premium for 100/300 bodily injury liability insurance is \[tex]$450. 2. Property Damage Premium - David has chosen a property damage liability amount of 100. - The premium for 100 property damage liability is \$[/tex]375.
3. Collision Premium
- David’s collision insurance has a \[tex]$100 deductible. - The premium for collision insurance with a \$[/tex]100 deductible is \[tex]$215. 4. Comprehensive Premium - David’s comprehensive insurance has a \$[/tex]500 deductible.
- The premium for comprehensive insurance with a \[tex]$500 deductible is \$[/tex]85.
By summing these individual premiums, we find the total annual premium. Adding them up step by step:
- [tex]\( \$450 \)[/tex] (Bodily Injury Premium)
- [tex]\( + \$375 \)[/tex] (Property Damage Premium)
- [tex]\( + \$215 \)[/tex] (Collision Premium)
- [tex]\( + \$85 \)[/tex] (Comprehensive Premium)
Therefore, the total annual premium is:
[tex]\[ \$450 + \$375 + \$215 + \$85 = \$1125 \][/tex]
Thus, David’s total annual premium is \$1125.
1. Bodily Injury Premium
- David has selected 100/300 liability insurance.
- The premium for 100/300 bodily injury liability insurance is \[tex]$450. 2. Property Damage Premium - David has chosen a property damage liability amount of 100. - The premium for 100 property damage liability is \$[/tex]375.
3. Collision Premium
- David’s collision insurance has a \[tex]$100 deductible. - The premium for collision insurance with a \$[/tex]100 deductible is \[tex]$215. 4. Comprehensive Premium - David’s comprehensive insurance has a \$[/tex]500 deductible.
- The premium for comprehensive insurance with a \[tex]$500 deductible is \$[/tex]85.
By summing these individual premiums, we find the total annual premium. Adding them up step by step:
- [tex]\( \$450 \)[/tex] (Bodily Injury Premium)
- [tex]\( + \$375 \)[/tex] (Property Damage Premium)
- [tex]\( + \$215 \)[/tex] (Collision Premium)
- [tex]\( + \$85 \)[/tex] (Comprehensive Premium)
Therefore, the total annual premium is:
[tex]\[ \$450 + \$375 + \$215 + \$85 = \$1125 \][/tex]
Thus, David’s total annual premium is \$1125.
We appreciate your time. Please come back anytime for the latest information and answers to your questions. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.