A car owner pays an annual premium of $780 for automobile insurance, including liability coverage of up to $100,000. The car owner pays this for seven years without needing to file a single claim. Then the car owner causes an accident for which the other driver is claiming $32,000 in damages. How much more expensive were the costs of the accident than what the car owner paid in premiums? $37,460 $100,000 $5,460 $26,540