Question
An insurance quote lists liabilities, coverages, and premiums for two vehicles. The title for the quote is Car Insurance Quote for Danny and Sara Bell. A table follows with 5 columns and 16 rows. Row 1 contains headings: Column 1 is blank, Columns 2 and 3 are merged and titled 2015 Compact Sports ($6000 value), and Columns 4 and 5 are merged and titled 2018 Minivan ($23,000 value). Row 2 contains sub-headings: Column 1 is titled Liability, Column 2 is labeled 2015 sports limits, Column 3 is labeled premiums, Column 4 is labeled 2018 minivan limits and Column 5 is labeled premiums. Row 3 Column 1 is labeled 1 - Bodily Injury, Column 2 is labeled $50,000 per person, Column 3 is labeled $57.50, Column 4 is labeled $50,000 per person, and Column 5 is labeled $59.10. Row 4 Column 2 is labeled $100,000 per occurrence, and Column 4 is labeled $100,000 per occurrence. The other cells are blank. Row 5 Column 1 is labeled 2 - Property Damage, Column 2 is labeled $50,000 per occurrence, Column 3 is labeled $49.50, Column 4 is labeled $50,000 per occurrence, and Column 5 is labeled $45.90. Row 6 Column 1 is labeled 3 - Medical Payments, Column 2 is labeled $5,000, Column 3 is labeled $18.20, Column 4 is labeled $5,000, and Column 5 is labeled $18.20. Row 7 Column 1 is labeled 4 - Comprehensive, Column 2 is labeled Actual Cash Value ($250 deductible), Column 3 is labeled $38.90, Column 4 is labeled Actual Cash Value ($250 deductible), and Column 5 is labeled $42.30. Row 8 Column 1 is labeled 5 - Collision, Column 2 is labeled Actual Cash Value ($250 deductible), Column 3 is labeled $85.60, Column 4 is labeled Actual Cash Value ($250 deductible), and Column 5 is labeled $90.80. Row 9 Column 1 is labeled Additional Coverages, and the other cells are blank. Row 10 Column 1 is labeled 6 - Towing and labor, column 2 is blank, column 3 is labeled $2.00, column 4 is blank, and column 5 is labeled $2.00. Row 11 Column 1 is labeled 7 - Loss of Use $50 per day, column 2 is labeled $1000 max, column 3 is labeled $20.00, column 4 is labeled $1000 max, and column 5 is labeled $20.00. Row 12 Column 1 is blank, column 2 is labeled Total 1 through 7, column 3 is labeled a right parenthesis, Column 4 is labeled Total 1 through 7, and column 5 is labeled b right parenthesis. Row 13 Column 1 is blank, Column 2 is labeled Uninsured motorist bodily injury, Column 3 is labeled declined, Column 4 is labeled Uninsured motorist bodily injury, and Column 5 is labeled $76.10. Row 14 Columns 1 through 3 are blank. Column 4 is labeled Total each vehicle: 2015 sports, and Column 5 is labeled c right parenthesis. Row 15 Columns 1 through 3 are blank. Column 4 is labeled 2018 minivan, and Column 5 is labeled d right parenthesis. Row 16 Columns 1 through 3 are blank. Column 4 is labeled Total six-month premium for all vehicles, and Column 5 is labeled e right parenthesis.
Help Danny and Sara interpret this insurance quote for their 2015 sports car and 2018 minivan.
Determine the totals for items a, b, c, d, and e. Show your work or explain how you got your answer.
(4 points)
Help Danny and Sara interpret this insurance quote for their 2015 sports car and 2018 minivan.
Determine the totals for items a, b, c, d, and e. Show your work or explain how you got your answer.
(4 points)
Answers
Answered by
GPT-4o mini
To determine the totals for items a, b, c, d, and e from the provided insurance quote, we will sum the relevant premiums as indicated in the table.
### Step 1: Calculate Total Premiums for Each Vehicle
#### 2015 Compact Sports Premiums
1. **Bodily Injury:**
- $57.50 (limit: $50,000 per person)
- $59.10 (limit: $100,000 per occurrence)
Total for Bodily Injury:
\( 57.50 + 59.10 = 116.60 \)
2. **Property Damage:**
- $49.50 (limit: $50,000 per occurrence)
Total for Property Damage:
\( 49.50 \)
3. **Medical Payments:**
- $18.20 (limit: $5,000)
Total for Medical Payments:
\( 18.20 \)
4. **Comprehensive:**
- $38.90 (actual cash value, $250 deductible)
Total for Comprehensive:
\( 38.90 \)
5. **Collision:**
- $85.60 (actual cash value, $250 deductible)
Total for Collision:
\( 85.60 \)
6. **Towing and Labor:**
- $2.00
Total for Towing and Labor:
\( 2.00 \)
7. **Loss of Use:**
- $20.00 (max: $1,000)
Total for Loss of Use:
\( 20.00 \)
### Total for 2015 Compact Sports (Items 1 through 7):
\( 116.60 + 49.50 + 18.20 + 38.90 + 85.60 + 2.00 + 20.00 = 330.70 \)
- **Item a:** Total 1 through 7 for 2015 Compact Sports = **$330.70**
#### 2018 Minivan Premiums
1. **Bodily Injury:**
- $59.10 (limit: $50,000 per person)
- $59.10 (limit: $100,000 per occurrence)
Total for Bodily Injury:
\( 59.10 + 59.10 = 118.20 \)
2. **Property Damage:**
- $45.90 (limit: $50,000 per occurrence)
Total for Property Damage:
\( 45.90 \)
3. **Medical Payments:**
- $18.20 (limit: $5,000)
Total for Medical Payments:
\( 18.20 \)
4. **Comprehensive:**
- $42.30 (actual cash value, $250 deductible)
Total for Comprehensive:
\( 42.30 \)
5. **Collision:**
- $90.80 (actual cash value, $250 deductible)
Total for Collision:
\( 90.80 \)
6. **Towing and Labor:**
- $2.00
Total for Towing and Labor:
\( 2.00 \)
7. **Loss of Use:**
- $20.00 (max: $1,000)
Total for Loss of Use:
\( 20.00 \)
### Total for 2018 Minivan (Items 1 through 7):
\( 118.20 + 45.90 + 18.20 + 42.30 + 90.80 + 2.00 + 20.00 = 337.40 \)
- **Item b:** Total 1 through 7 for 2018 Minivan = **$337.40**
### Step 2: Calculate Totals for Each Vehicle and Overall
- **Item c:** Total for the 2015 Compact Sports is **$330.70**.
- **Item d:** Total for the 2018 Minivan is **$337.40**.
### Step 3: Total Six-Month Premium for All Vehicles (Item e)
Finally, we sum the totals for both vehicles:
- Total for all vehicles:
\( 330.70 + 337.40 = 668.10 \)
- **Item e:** Total six-month premium for all vehicles = **$668.10**.
### Summary of Answers:
- Item a: **$330.70**
- Item b: **$337.40**
- Item c: **$330.70**
- Item d: **$337.40**
- Item e: **$668.10**
### Step 1: Calculate Total Premiums for Each Vehicle
#### 2015 Compact Sports Premiums
1. **Bodily Injury:**
- $57.50 (limit: $50,000 per person)
- $59.10 (limit: $100,000 per occurrence)
Total for Bodily Injury:
\( 57.50 + 59.10 = 116.60 \)
2. **Property Damage:**
- $49.50 (limit: $50,000 per occurrence)
Total for Property Damage:
\( 49.50 \)
3. **Medical Payments:**
- $18.20 (limit: $5,000)
Total for Medical Payments:
\( 18.20 \)
4. **Comprehensive:**
- $38.90 (actual cash value, $250 deductible)
Total for Comprehensive:
\( 38.90 \)
5. **Collision:**
- $85.60 (actual cash value, $250 deductible)
Total for Collision:
\( 85.60 \)
6. **Towing and Labor:**
- $2.00
Total for Towing and Labor:
\( 2.00 \)
7. **Loss of Use:**
- $20.00 (max: $1,000)
Total for Loss of Use:
\( 20.00 \)
### Total for 2015 Compact Sports (Items 1 through 7):
\( 116.60 + 49.50 + 18.20 + 38.90 + 85.60 + 2.00 + 20.00 = 330.70 \)
- **Item a:** Total 1 through 7 for 2015 Compact Sports = **$330.70**
#### 2018 Minivan Premiums
1. **Bodily Injury:**
- $59.10 (limit: $50,000 per person)
- $59.10 (limit: $100,000 per occurrence)
Total for Bodily Injury:
\( 59.10 + 59.10 = 118.20 \)
2. **Property Damage:**
- $45.90 (limit: $50,000 per occurrence)
Total for Property Damage:
\( 45.90 \)
3. **Medical Payments:**
- $18.20 (limit: $5,000)
Total for Medical Payments:
\( 18.20 \)
4. **Comprehensive:**
- $42.30 (actual cash value, $250 deductible)
Total for Comprehensive:
\( 42.30 \)
5. **Collision:**
- $90.80 (actual cash value, $250 deductible)
Total for Collision:
\( 90.80 \)
6. **Towing and Labor:**
- $2.00
Total for Towing and Labor:
\( 2.00 \)
7. **Loss of Use:**
- $20.00 (max: $1,000)
Total for Loss of Use:
\( 20.00 \)
### Total for 2018 Minivan (Items 1 through 7):
\( 118.20 + 45.90 + 18.20 + 42.30 + 90.80 + 2.00 + 20.00 = 337.40 \)
- **Item b:** Total 1 through 7 for 2018 Minivan = **$337.40**
### Step 2: Calculate Totals for Each Vehicle and Overall
- **Item c:** Total for the 2015 Compact Sports is **$330.70**.
- **Item d:** Total for the 2018 Minivan is **$337.40**.
### Step 3: Total Six-Month Premium for All Vehicles (Item e)
Finally, we sum the totals for both vehicles:
- Total for all vehicles:
\( 330.70 + 337.40 = 668.10 \)
- **Item e:** Total six-month premium for all vehicles = **$668.10**.
### Summary of Answers:
- Item a: **$330.70**
- Item b: **$337.40**
- Item c: **$330.70**
- Item d: **$337.40**
- Item e: **$668.10**
There are no human answers yet. A form for humans to post answers is coming very soon!