The premium which Alex and Christa should pay per year to the auto insurance of two cars, one is model class 1 and 2 years old and another one model class 2 and 6 years old with 250 / 500 / 250 liability coverage, the property insurance with a fully insured dwelling with face value of $ 180000 , and the additional life insurance and calculate how much part of Alex’s gross pay is equal to the premium. $ 100 / $ 300 bodily injury coverage and $ 100000 property damage coverage are being considered with the purchase of $ 0 deductible comprehensive coverage and $ 1000 deductible collision coverage on their older vehicle. They have excellent driving records, with no at-fault accidents or no moving violations for 3 years. The insurance company has allowed the discount off 5 % with the condition of accident-free for three years and 10 % with the condition of insuring multiple vehicles.

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Answer 1

Question

Chapter 19, Problem 5CS1

To determine

To calculate: The premium which Alex and Christa should pay per year to the auto insurance of two cars, one is model class 1 and 2 years old and another one model class 2 and 6 years old with 250/500/250 liability coverage, the property insurance with a fully insured dwelling with face value of $180000, and the additional life insurance and calculate how much part of Alex’s gross pay is equal to the premium. $100/$300 bodily injury coverage and $100000 property damage coverage are being considered with the purchase of $0 deductible comprehensive coverage and $1000 deductible collision coverage on their older vehicle. They have excellent driving records, with no at-fault accidents or no moving violations for 3 years. The insurance company has allowed the discount off 5% with the condition of accident-free for three years and 10% with the condition of insuring multiple vehicles.

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Answer 2

Question

Chapter 19, Problem 5CS1

To determine

To calculate: The premium which Alex and Christa should pay per year to the auto insurance of two cars, one is model class 1 and 2 years old and another one model class 2 and 6 years old with 250/500/250 liability coverage, the property insurance with a fully insured dwelling with face value of $180000, and the additional life insurance and calculate how much part of Alex’s gross pay is equal to the premium. $100/$300 bodily injury coverage and $100000 property damage coverage are being considered with the purchase of $0 deductible comprehensive coverage and $1000 deductible collision coverage on their older vehicle. They have excellent driving records, with no at-fault accidents or no moving violations for 3 years. The insurance company has allowed the discount off 5% with the condition of accident-free for three years and 10% with the condition of insuring multiple vehicles.

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Answer 3

Question

Chapter 19, Problem 5CS1

To determine

To calculate: The premium which Alex and Christa should pay per year to the auto insurance of two cars, one is model class 1 and 2 years old and another one model class 2 and 6 years old with 250/500/250 liability coverage, the property insurance with a fully insured dwelling with face value of $180000, and the additional life insurance and calculate how much part of Alex’s gross pay is equal to the premium. $100/$300 bodily injury coverage and $100000 property damage coverage are being considered with the purchase of $0 deductible comprehensive coverage and $1000 deductible collision coverage on their older vehicle. They have excellent driving records, with no at-fault accidents or no moving violations for 3 years. The insurance company has allowed the discount off 5% with the condition of accident-free for three years and 10% with the condition of insuring multiple vehicles.

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Answer 4

Question

Chapter 19, Problem 5CS1

To determine

To calculate: The premium which Alex and Christa should pay per year to the auto insurance of two cars, one is model class 1 and 2 years old and another one model class 2 and 6 years old with 250/500/250 liability coverage, the property insurance with a fully insured dwelling with face value of $180000, and the additional life insurance and calculate how much part of Alex’s gross pay is equal to the premium. $100/$300 bodily injury coverage and $100000 property damage coverage are being considered with the purchase of $0 deductible comprehensive coverage and $1000 deductible collision coverage on their older vehicle. They have excellent driving records, with no at-fault accidents or no moving violations for 3 years. The insurance company has allowed the discount off 5% with the condition of accident-free for three years and 10% with the condition of insuring multiple vehicles.

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Answer 5

Chapter 19, Problem 5CS1

To determine

To calculate: The premium which Alex and Christa should pay per year to the auto insurance of two cars, one is model class 1 and 2 years old and another one model class 2 and 6 years old with 250/500/250 liability coverage, the property insurance with a fully insured dwelling with face value of $180000, and the additional life insurance and calculate how much part of Alex’s gross pay is equal to the premium. $100/$300 bodily injury coverage and $100000 property damage coverage are being considered with the purchase of $0 deductible comprehensive coverage and $1000 deductible collision coverage on their older vehicle. They have excellent driving records, with no at-fault accidents or no moving violations for 3 years. The insurance company has allowed the discount off 5% with the condition of accident-free for three years and 10% with the condition of insuring multiple vehicles.

Answer 6

Chapter 19, Problem 5CS1

To determine

To calculate: The premium which Alex and Christa should pay per year to the auto insurance of two cars, one is model class 1 and 2 years old and another one model class 2 and 6 years old with 250/500/250 liability coverage, the property insurance with a fully insured dwelling with face value of $180000, and the additional life insurance and calculate how much part of Alex’s gross pay is equal to the premium. $100/$300 bodily injury coverage and $100000 property damage coverage are being considered with the purchase of $0 deductible comprehensive coverage and $1000 deductible collision coverage on their older vehicle. They have excellent driving records, with no at-fault accidents or no moving violations for 3 years. The insurance company has allowed the discount off 5% with the condition of accident-free for three years and 10% with the condition of insuring multiple vehicles.

Answer 7

Chapter 19, Problem 5CS1

To determine

To calculate: The premium which Alex and Christa should pay per year to the auto insurance of two cars, one is model class 1 and 2 years old and another one model class 2 and 6 years old with 250/500/250 liability coverage, the property insurance with a fully insured dwelling with face value of $180000, and the additional life insurance and calculate how much part of Alex’s gross pay is equal to the premium. $100/$300 bodily injury coverage and $100000 property damage coverage are being considered with the purchase of $0 deductible comprehensive coverage and $1000 deductible collision coverage on their older vehicle. They have excellent driving records, with no at-fault accidents or no moving violations for 3 years. The insurance company has allowed the discount off 5% with the condition of accident-free for three years and 10% with the condition of insuring multiple vehicles.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 19.1 - Prob. 1-1SC Ch. 19.1 - Prob. 1-2SC Ch. 19.1 - Prob. 1-3SC Ch. 19.1 - Prob. 1-4SC Ch. 19.1 - Prob. 2-1SC Ch. 19.1 - Prob. 2-2SC Ch. 19.1 - Prob. 2-3SC Ch. 19.1 - Prob. 2-4SC Ch. 19.1 - Prob. 1SE Ch. 19.1 - Prob. 2SE

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