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11 December, 15:50

In an effort to reduce cost on auto insurance, Sophia has lowered each component of her current plan to the cheapest possible option. Sophia's current insurance agency is Fret-No-More Auto Insurance, whose policy options are listed below. The annual premium for Sophia's current policy is $511.31. What decrease in her annual premium will Sophia see after the change?

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  1. 11 December, 16:59
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    Sophia will save $38.15

    Explanation:

    If Sophia chooses the cheapest possible option, her choices will be:

    bodily injury $25/50,000 $21.35

    property damage $25,000 $115.50

    collision $500 deductible $248.08

    comprehensive $100 deductible $88.23

    total premium $473.16

    she will save $511.31 - $473.16 = $38.15
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