13
QuizMultiple Choice

Variability — Cumulative exam

Question 13 • CARE_24_25_TX-Mathematical Models with Applications B

Susie is thinking about changing her auto insurance policy at Fret-No-More Auto Insurance. Her current policy includes the following options: $50/100,000 limit for bodily injury, $25,000 limit for property damage, $250 deductible for collision, and $50 deductible for comprehensive. Which of the following changes would increase Susie’s limits the most without increasing her monthly premium by more than $5.00? 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 $500 deductible $248.08 Comprehensive $50 deductible $105.79 $100 deductible $88.23

Answer
A
Increase coverage on bodily injury to $100/300,000.
B
Increase coverage on property damage to $50,000.
C
Increase coverage on bodily injury to $100/300,000 and on property damage to $50,000.
D
Increase coverage on bodily injury to $100/300,000 and on property damage to $100,000.
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