Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.

Question

3 years ago

6

Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.

His original policy was set up using the premiums listed below. What is his new annual premium after the increase in the accident?
a. $514.76
b. $543.00
c. $548.20
d. $571.24

Business

2 answers:

lapo4ka [179] · Answer 1 · 2021-12-30T16:12:00+03:00

Answer:

D) $571.24

Explanation:

Royce' premiums for the previous year were:

bodily injury $22.50
property damage $144.75
collision $275.75
comprehensive $100

The total premium of the policy was $543

Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24

Yanka [14] · Answer 2 · 2021-12-30T17:36:31+03:00

Yanka [14]3 years ago

3 0

Answer: The answer is D.

Explanation: I just took the test on edge 2020 and i got a 100% on it.