Author Question: Based on the information in Jarred's auto insurance application, his agent has assigned Jarred to ... (Read 89 times)

ahriuashd · **on:** Jun 24, 2018

Based on the information in Jarred's auto insurance application, his agent has assigned Jarred to driver class 2 and placed his 1-year-old car in model class R. The state where he lives requires minimum liability coverage of 50/100/50, and he also wants 250 deductible collision and full coverage comprehensive. Using Tables 19-6 and 19-7 from your text, find his total premium, if his state is in territory 4, and he has received a rating factor of 2. (Round your answer to the nearest cent)
A) 250.00
B) 306.00
C) 397.00
D) 794.00

Question 2

Mount Pleasant Hotels employs 114 workers with a gross weekly payroll of 91,898. Fringe benefits are 42.29 per employee for dental insurance and 9.34 per employee for discount club memberships. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent)
A) 9.5
B) 5.4
C) 11.4
D) 6.4