Coverage
50/100/50
100/250/100
250/500/250
Liability Insurance Premiums
Personal Injury/Property Damage
$150
$200
$250
Deductible
$250
$500
$1000
Collision Premiums
$100
$75
$50
Comprehensive
$75
Coverage
50/100/50
100/250/100
250/500/250
Uninsured Motorist Insurance Premiums
Personal Injury/Property Damage
$50
$75
$100
Use the above table to answer this question. Barry is adding his teenage son to his auto insurance policy. Because his son has a good student discount, his rating factor is 1.7. Find how much Barry will pay for his son’s insurance if he has 100/250/100 liability, comprehensive, and $1000 deductible for collision.
Barry's liability insurance premium for 100/250/100 coverage with a rating factor of 1.7 is $200 x 1.7 = $340.
His collision premium with a $1000 deductible is $50.
His comprehensive premium is $75.
Therefore, Barry will pay $340 + $50 + $75 = $465 for his son's insurance.