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K Jim is a renter and carries $40,000 insurance on his personal belongings. He selects the minimum liability with a deductible of $1000 for each claim, carries identity theft/fraud protection and an endorsement of $1500 for his camera equipment. Jim has a recent bankruptcy on his record, so is credit is rated as "bad". Find his annual premium. Click the icon to view the rate tables. Rate Tables OA. $345.75 OB. $353.25 OC. $349.50 Estimated Annual Renters Insurance Premium Rates OD. $333.00 $20,000 Policy Limit $40,000 Policy Limit Liability $300,000 $500,000 134 $1,000,000 169 270 GOOD good credit; OCC 303 154 $500 Deductible $1,000 Deductible GOOD OCC BAD GOOD OCC BAD GOOD OCC BAD GOOD OCC BAD 141 226 253 126 195 174 203 227 312 349 149 239 268 206 215 241 330 370 185 246 276 233 213 373 418 $500 Deductible $1,000 Deductible 280 313 297 333 339 381 occasional payments past 30 days; BAD-judgments, collection, bankruptcy Rates for Optional Coverage and Extended Coverage Endorsements Extended Endorsement Coverage $20/year Jewelry, watches, and furs $75/year Camera equipment Optional Coverage Identity theft/fraud protection Sewer/sump pump backup protection (for property located in a basement) $0.85/$100/year $1.35/$100/year Computer equipment Fine art and collectibles $0.95/$100/year $1.10/$100/year Firearms and accessories $1.45/$100/year Portable tools $3.25/$100/year х

K Jim is a renter and carries $40,000 insurance on his personal belongings. He selects the minimum liability with a deductible of $1000 for each claim, carries identity theft/fraud protection and an endorsement of $1500 for his camera equipment. Jim has a recent bankruptcy on his record, so is credit is rated as "bad". Find his annual premium. Click the icon to view the rate tables. Rate Tables OA. $345.75 OB. $353.25 OC. $349.50 Estimated Annual Renters Insurance Premium Rates OD. $333.00 $20,000 Policy Limit $40,000 Policy Limit Liability $300,000 $500,000 134 $1,000,000 169 270 GOOD good credit; OCC 303 154 $500 Deductible $1,000 Deductible GOOD OCC BAD GOOD OCC BAD GOOD OCC BAD GOOD OCC BAD 141 226 253 126 195 174 203 227 312 349 149 239 268 206 215 241 330 370 185 246 276 233 213 373 418 $500 Deductible $1,000 Deductible 280 313 297 333 339 381 occasional payments past 30 days; BAD-judgments, collection, bankruptcy Rates for Optional Coverage and Extended Coverage Endorsements Extended Endorsement Coverage $20/year Jewelry, watches, and furs $75/year Camera equipment Optional Coverage Identity theft/fraud protection Sewer/sump pump backup protection (for property located in a basement) $0.85/$100/year $1.35/$100/year Computer equipment Fine art and collectibles $0.95/$100/year $1.10/$100/year Firearms and accessories $1.45/$100/year Portable tools $3.25/$100/year х

Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter4: Going Into Debt
Section: Chapter Questions
Problem 28AA
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K Jim is a renter and carries $40,000 insurance on his personal belongings. He selects the minimum liability with a deductible of $1000 for each claim, carries identity theft/fraud protection and an endorsement of $1500 for his camera equipment. Jim has a recent bankruptcy on his record, so is credit is rated as "bad". Find his annual premium. Click the icon to view the rate tables. Rate Tables OA. $345.75 OB. $353.25 OC. $349.50 Estimated Annual Renters Insurance Premium Rates OD. $333.00 $20,000 Policy Limit $40,000 Policy Limit Liability $300,000 $500,000 134 $1,000,000 169 270 GOOD good credit; OCC 303 154 $500 Deductible $1,000 Deductible GOOD OCC BAD GOOD OCC BAD GOOD OCC BAD GOOD OCC BAD 141 226 253 126 195 174 203 227 312 349 149 239 268 206 215 241 330 370 185 246 276 233 213 373 418 $500 Deductible $1,000 Deductible 280 313 297 333 339 381 occasional payments past 30 days; BAD-judgments, collection, bankruptcy Rates for Optional Coverage and Extended Coverage Endorsements Extended Endorsement Coverage $20/year Jewelry, watches, and furs $75/year Camera equipment Optional Coverage Identity theft/fraud protection Sewer/sump pump backup protection (for property located in a basement) $0.85/$100/year $1.35/$100/year Computer equipment Fine art and collectibles $0.95/$100/year $1.10/$100/year Firearms and accessories $1.45/$100/year Portable tools $3.25/$100/year х
Transcribed Image Text:K Jim is a renter and carries $40,000 insurance on his personal belongings. He selects the minimum liability with a deductible of $1000 for each claim, carries identity theft/fraud protection and an endorsement of $1500 for his camera equipment. Jim has a recent bankruptcy on his record, so is credit is rated as "bad". Find his annual premium. Click the icon to view the rate tables. Rate Tables OA. $345.75 OB. $353.25 OC. $349.50 Estimated Annual Renters Insurance Premium Rates OD. $333.00 $20,000 Policy Limit $40,000 Policy Limit Liability $300,000 $500,000 134 $1,000,000 169 270 GOOD good credit; OCC 303 154 $500 Deductible $1,000 Deductible GOOD OCC BAD GOOD OCC BAD GOOD OCC BAD GOOD OCC BAD 141 226 253 126 195 174 203 227 312 349 149 239 268 206 215 241 330 370 185 246 276 233 213 373 418 $500 Deductible $1,000 Deductible 280 313 297 333 339 381 occasional payments past 30 days; BAD-judgments, collection, bankruptcy Rates for Optional Coverage and Extended Coverage Endorsements Extended Endorsement Coverage $20/year Jewelry, watches, and furs $75/year Camera equipment Optional Coverage Identity theft/fraud protection Sewer/sump pump backup protection (for property located in a basement) $0.85/$100/year $1.35/$100/year Computer equipment Fine art and collectibles $0.95/$100/year $1.10/$100/year Firearms and accessories $1.45/$100/year Portable tools $3.25/$100/year х
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