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below is the information from a brochure for fret-no-more auto insurance outlining the insurance coverage options they offer. to be

Question

Below is the information from a brochure for Fret-No-More Auto Insurance outlining the insurance coverage options they offer. To be considered "full" coverage, an insurance plan must include one level of coverage from each category. What is the annual premium for the full-coverage insurance plan with the highest coverage limits and the lowest deductibles available from Fret-No-More? multicolumn(3)(|c|)( Fret-No-More Auto Insurance ) Type of Insurance Coverage & Coverage Limits & Annual Premiums Bodily Injury & 25 / 50,000 & 21.35 & 50 / 100,000 & 32.78 & 100 / 300,000 & 42.10 & & Property Damage & 25,000 & 115.50 & 50,000 & 142.44 & 100,000 & 193.78 & & Collision & 100 deductible & 490.25 & 250 deductible & 343.33

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Charlotte Professional · Tutor for 6 years

Answer

To find the annual premium for the full-coverage insurance plan with the highest coverage limits and the lowest deductibles available from Fret-No-More, we need to select the highest coverage limits and the lowest deductibles from each category and then sum up their corresponding annual premiums.Let's go through each category step-by-step:1. **Bodily Injury**: The highest coverage limit available is 42.10.2. **Property Damage**: The highest coverage limit available is 193.78.3. **Collision**: The lowest deductible available is 490.25.Now, we add up the annual premiums for each of these selections to get the total annual premium for the full-coverage insurance plan:Bodily Injury: 193.78Collision: 42.10 + 490.25Let's calculate the total:Total Annual Premium = 193.78 + 726.13**The annual premium for the full-coverage insurance plan with the highest coverage limits and the lowest deductibles available from Fret-No-More is $726.13.**