Gareth is choosing a car insurance plan. Based on his driving history and the traffic where he lives, Gareth estimates that there is a 15% chance he will have a car collision this year. In each plan, the insurance will cover the full cost of the collision after the deductible is paid.
Which of the plans detailed in the table is most likely to save Gareth the most money, based on expected value?
Plan
Deductible
Collision
Comprehensive
Premium Total
A
$300
$516
$240
$756
B
$500
$445
$210
$655
C
$1,000
$350
$184
$534
$2,500
D
$288
$412
$124

А. plan A
B. plan B
C. plan C
D. plan D