Based on the Information in Clarissa's Auto Insurance Application, Her

question 100

Multiple Choice

Based on the information in Clarissa's auto insurance application, her agent has assigned Clarissa to driver class 3 and placed her 5-year-old car in model class N. The state where she lives requires minimum liability coverage of 50/100/50, and she also wants $250 deductible collision and full coverage comprehensive. Using Tables 19-6 and 19-7 from your text, find her total premium, if her state is in territory 2, and she has received a rating factor of 2.8. (Round your answer to the nearest cent)

• A) $359.00
• B) $646.20
• C) $784.00
• D) $1,005.20

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Definitions:

Deceased Patient

Refers to a patient who has passed away.

Next of Kin

A person's closest living blood relative or relatives who may have legal duties or responsibilities for them in certain circumstances.

TILA (Truth in Lending Act)

A United States federal law designed to protect consumers in their dealings with lenders and creditors by requiring clear disclosure of key terms of the lending arrangement and all costs.

Promissory Note

A written, legally binding agreement in which one party promises to pay another a specified sum of money at a specified time.