Sheila lives in a $95,000 brick home in the country with contents valued at
$15,000. Use the table below to calculate her monthly 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. $95.00
B. $56.13
C. $173.50
D. $78.65