BUSN 380 Course Great Wisdom / tutorialrank.com BUSN 380 Course Great Wisdom / tutorialrank.com | Page 70

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Based on Kelly Blue Book prices, is the car over or
underpriced?

·
Did you have any surprises, prior experience, feedback,
thoughts, and so on?

·
Referring to the car that you selected, discuss the
insurance decisions you will need to make. What type of coverage
will you need? What is the minimum amount of coverage you will
need (based on your state of residence) and what amount of coverage
would you actually like to have? Are there any actions you can take to
reduce your premiums? Address these questions, taking into account
your current budget and financial status.
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BUSN 380 Week 6 Problem Set 6
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Problem Set 6
1. For each of the following situations, what amount would the
insurance company pay?

a. Wind damage of $835; the insured has $500 deductible.