Posted: March 29th, 2016

The Goldsteins have decided it would be a smart idea to obtain auto insurance because of the risk associated with the uncertainty of driving.

Automobile Risk:
Auto Insurance
Auto Insurance Analysis:

The Goldsteins have decided it would be a smart idea to obtain auto insurance because of the risk associated with the uncertainty of driving.  Another factor that contributed to their choice in obtaining auto coverage is due to the fact that they own three highly valuable vehicles.  Robert drives a 2009 BMW 335xi sedan, for the purposes of commuting to work and errands around town.  Robert is also the primary driver for his personal sports car which is a 2010 Porsche 911 turbo S.  Emily is the primary driver of the families SUV, which is a 2006 Range Rover Sport.  Emily primarily uses her vehicle to run errands around town and to transport her kids, Jason and Rebecca to school.

The following table breaks down the auto insurance policies the Goldsteins could choose from and displays the particular costs along with benefits that would result, given the insurance provider: