Auto insurance options offered by AA Auto Insurance are outlined in the table below. What monthly payment would you expect for an insurance polier through A Auto Insurance with the following options? Bodily Injury: S50/100,000 Property Damage: $100,000 Collison: S100 deductible Comprehensive: $100 deductible a.$845 b. $350 c. $7O d. $67

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Auto insurance options offered by AA Auto Insurance are outlined in the table below. What monthly payment would you expect for an insurance polier through A Auto Insurance with the following options? Bodily Injury: S50/100,000 Property Damage: $100,000 Collison: S100 deductible Comprehensive: $100 deductible a.$845 b. $350 c. $7O d. $67
AA Auto Insurance
Coverage Limits
Type of Insurance
Coverage
Bodily Injury
$25/S50,000
$50/100,000
$100/300,000
Annual
Premiums
$22.50
$31.75
540.25
$25,000
$50,000
$100,000
$120.50
$144.75
$193.00
Property Damage
$100 deductible
$250 deductible
$500 deductible
$520.00
$415.25
$275 75
Collision
$110.25
$100.00
Comprehensive
$50 deductible
$100 deductible
Transcribed Image Text:AA Auto Insurance Coverage Limits Type of Insurance Coverage Bodily Injury $25/S50,000 $50/100,000 $100/300,000 Annual Premiums $22.50 $31.75 540.25 $25,000 $50,000 $100,000 $120.50 $144.75 $193.00 Property Damage $100 deductible $250 deductible $500 deductible $520.00 $415.25 $275 75 Collision $110.25 $100.00 Comprehensive $50 deductible $100 deductible
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