Answer:
$250,000
Step-by-step explanation:
This is the correct question below;
Fran naders insurance coverage bodily Injury 25/100 and $100,000 property damage. It has a $50-deductible comprehensive and a $50-deductible collision. Her car is in age group C and Insurance-rating group 10(or C,10) and her driver-rating Factor is 1.50.
Find her annual premium.
To calculate this, we proceed as follows;
Mathematically,
Annual premium = Face amount * $1000
25/100 * 100,000 * 100
This is 25,000 * 100 = $250,000
Answer:
$250,000
Step-by-step explanation:
From the question given, we recall the following,
Fran naders insurance coverage bodily injury = 25/100
The property damage =$100,000
The deductible comprehensive =$50
The deductible collision =$50
The driving factor= 1.50
Then,
We find the annual/yearly premium
So,
The Annual premium = Face amount x $1000
25/100 x 100,000 x 100
Therefore,
25,000 x 100 = $250,000
=$250,000
