Michelle owns a brick house in the suburbs worth $105,000, and the contents
of the house are valued at $45,000. Use the table below to calculate her
annual property insurance premium.
Annual Premium per $100 of coverage
Brick
Steel
Mixed
Wood
Area
Building Contents Building Contents Building Contents Building Contents
rating
City 0.39
0.43
0.5
0.54
0.55
0.65
0.66
0.76
Suburb 0.45
0.52
0.56
0.63
0.72
0.74
0.83
0.85
Rural 0.6
0.69
0.71
0.8
0.89
0.91
1
1.02
A. $150.00
B. $706.50
C. $950.00
D. $673.50