14 AA Auto Insurance Coverage Limits Type of Insurance Coverage Bodily Injury $25/550,000 $50/100,000 $100/300,000 Annual Premiums $22.50 $31.75 $40.25 $25.000 $50,000 $100.000 Property Damage $120.50 $144.75 $193.00 Collision $100 deductible $250 deductible $500 deductible $520.00 $415.25 $275.75 Comprehensive $50 deductible $100 deductible $110.25 $100.00 Auto insurance options offered by AA Auto Insurance are outlined in the table below. What monthly payment would you expect for an insurance policy through AA Auto Insurance with the following options? Bodily Injury: $50/100,000 Property Damage: $100,000 Collision: $100 deductible Comprehensive: $100 deductible
14 AA Auto Insurance Coverage Limits Type of Insurance Coverage Bodily Injury $25/550,000 $50/100,000 $100/300,000 Annual Premiums $22.50 $31.75 $40.25 $25.000 $50,000 $100.000 Property Damage $120.50 $144.75 $193.00 Collision $100 deductible $250 deductible $500 deductible $520.00 $415.25 $275.75 Comprehensive $50 deductible $100 deductible $110.25 $100.00 Auto insurance options offered by AA Auto Insurance are outlined in the table below. What monthly payment would you expect for an insurance policy through AA Auto Insurance with the following options? Bodily Injury: $50/100,000 Property Damage: $100,000 Collision: $100 deductible Comprehensive: $100 deductible
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:14
AA Auto Insurance
Coverage Limits
Type of Insurance
Coverage
Bodily Injury
$25/550,000
$50/100,000
$100/300,000
Annual
Premiums
$22.50
$31.75
$40.25
Property Damage
$25,000
$50,000
$100.000
$120.50
$144.75
$193.00
Collision
$100 deductible
$250 deductible
$500 deductible
$520.00
$415.25
$275.75
Comprehensive
$50 deductible
$100 deductible
$110.25
$100.00
Auto insurance options offered by AA Auto Insurance are outlined in the table below. What
monthly payment would you expect for an insurance policy through AA Auto Insurance with
the following options?
Bodily Injury: $50/100,000
Property Damage: $100,000
Collision: $100 deductible
Comprehensive: $100 deductible
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