The cost of automobile insurance has become a sore subject in California because insurance rates are dependent on so many different variables, such as the city in which you live, the number of cars you insure, and the company with which you are insured. The website www.insurance.ca.gov reports the annual 2010 premium for a male, licensed for 6-8 years, who drives a Honda Accord 12,600-15,000 miles per year and has no violations or accidents.

a. What is the average premium for GEICO Insurance?
b. What is the average premium for 21st Century Insurance?
c. If you were a consumer, would you be interested in the average premium cost? If not, what would you be interested in?

Transcribed Image Text:

21st Century (S) 2352 2462 2284 2520 City GEICO (S) Long Beach Pomona San Bernardino Moreno Valley 2780 2411 2261 2263