Shay Manning rents an apartment in Chicago and carries $40,000 insurance on her personal belongings. She selects the $1,000,000 liability with a deductible of $1,000 for each claim and carries an identity theft/fraud protection of $24. Shay's credit is rated as bad as she has a recent bankruptcy on her record. Find her annual premium using the given table. E Click the icon to see a hypothetical table of Estimated Annual Renters Insurance Premium Rates. The annual premium is $| (Simplify your answer. Type an integer or a decimal.)

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
Section: Chapter Questions
Problem 1PS
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Question
Estimated Annual Renters Insurance Premium Rates
$20,000 Policy Limit
$40,000 Policy Limit
$500 Deductible
$1000 Deductible
OC
Liability
$500 Deductible
$1000 Deductible
Good
Oc
Bad
Good
Bad
Good
ОСС
Bad
Good
ocC
Bad
253
$300,000
$500,000
$1,000,000
141
226
126
203
227
195
312
349
174
280
313
149
239
268
134
215
241
206
330
370
185
297
333
169
270
303
154
246
276
233
373
418
213
339
381
Transcribed Image Text:Estimated Annual Renters Insurance Premium Rates $20,000 Policy Limit $40,000 Policy Limit $500 Deductible $1000 Deductible OC Liability $500 Deductible $1000 Deductible Good Oc Bad Good Bad Good ОСС Bad Good ocC Bad 253 $300,000 $500,000 $1,000,000 141 226 126 203 227 195 312 349 174 280 313 149 239 268 134 215 241 206 330 370 185 297 333 169 270 303 154 246 276 233 373 418 213 339 381
Shay Manning rents an apartment in Chicago and carries $40,000 insurance on her personal belongings. She selects the $1,000,000 liability with a deductible of
$1,000 for each claim and carries an identity theft/fraud protection of $24. Shay's credit is rated as bad as she has a recent bankruptcy on her record. Find her annual
premium using the given table.
E Click the icon to see a hypothetical table of Estimated Annual Renters Insurance Premium Rates.
The annual premium is $ (Simplify your answer. Type an integer or a decimal.)
Transcribed Image Text:Shay Manning rents an apartment in Chicago and carries $40,000 insurance on her personal belongings. She selects the $1,000,000 liability with a deductible of $1,000 for each claim and carries an identity theft/fraud protection of $24. Shay's credit is rated as bad as she has a recent bankruptcy on her record. Find her annual premium using the given table. E Click the icon to see a hypothetical table of Estimated Annual Renters Insurance Premium Rates. The annual premium is $ (Simplify your answer. Type an integer or a decimal.)
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