Consumer Math 9.03 Unit 9 Quiz 3

Mark has an $879 annual base premium. If he is 21, what will he pay for the policy?

$1,889.85

Marian is 29 and her base premium for auto insurance is $1239. What does she pay in total premiums?

$1239

George is 17 with a base rate premium of $879 for liability. What will he pay for his total insurance premium?

$3,340.20

Audrey is a 20 year old female. She is purchasing 25/50/100 liability and no collision. How much is her total premium?

$773.50

Victor bought 25/25/50 liability with a $100 deductible on collision and $100 deductible on comprehensive coverage. If the base premiums are $220, $245, $215, and $129, respectively, how much is his total base premium?

$809

Victor bought 50/100/50 liability with a $250 deductible on collision and $150 deductible on comprehensive coverage. If the base premiums are $310, $245, $185, and $102, respectively, how much is his total base premium?

$842

All states require auto insurance.

False

Liability insurance covers bodily injury to others and any property damaged, including yours.

False

Click on all items which will cause a decrease in the cost of an auto insurance policy.

You drive a sedan. You are a mature driver. You have had driver's training. You have multi-vehicle coverage on your policy.

premium

the amount you pay for insurance

liability insurance

covers you for injury to others and their property

comprehensive insurance

pays for fire, theft, vandalism, and weather damage

collision insurance

pays for the damage to your car in an accident