Question
1) Find the annual homeowners insurance premium on a masonry home located in zone if the home is insured for $. The owner chooses a
1) Find the annual homeowners insurance premium on a masonry home located in zone if the home is insured for $. The owner chooses a $1,500 deductible and has good credit. LOADING... Click the icon to see a hypothetical table of Estimated Annual Homeowners Insurance Premium Rates per $100 of Face Value. The annual homeowners insurance premium is $ enter your response here. (Simplify your answer. Type an integer or a decimal.)
Estimated Annual Homeowners Insurance Premium Rates per $100 of Face Value | ||||||||||||
Frame Regular | Masonry | |||||||||||
Deductible | Zone 1 | Zone 2 | Zone 1 | Zone 2 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Good | OCC | Bad | Good | OCC | Bad | Good | OCC | Bad | Good | OCC | Bad | |
$1,000 | 0.29 | 0.38 | 0.75 | 0.34 | 0.46 | 0.92 | 0.27 | 0.36 | 0.71 | 0.32 | 0.43 | 0.86 |
$1,500 | 0.27 | 0.36 | 0.71 | 0.32 | 0.44 | 0.87 | 0.25 | 0.34 | 0.67 | 0.30 | 0.41 | 0.81 |
2)
Alice Lee owns a masony home in zone
2. The home is insured for $216,000 and the computer equipment endorsement of $0.95/$100 is added for $9,000. Alice has excellent credit and her deductible is $1,500. A 3% charge is added to the annual premium because she pays quarterly. Find her quarterly payment. LOADING...Click the icon to see a hypothetical table of Estimated Annual Homeowners Insurance Premium Rates per $100 of Face Value. The quarterly payment is $.(Simplify your answer. Type an integer or decimal rounded to two decimal places as needed.)
Estimated Annual Homeowners Insurance Premium Rates per $100 of Face Value | ||||||||||||
Frame Regular | Masonry | |||||||||||
Deductible | Zone 1 | Zone 2 | Zone 1 | Zone 2 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Good | OCC | Bad | Good | OCC | Bad | Good | OCC | Bad | Good | OCC | Bad | |
$1,000 | 0.29 | 0.38 | 0.75 | 0.34 | 0.46 | 0.92 | 0.27 | 0.36 | 0.71 | 0.32 | 0.43 | 0.86 |
$1,500 | 0.27 | 0.36 | 0.71 | 0.32 | 0.44 | 0.87 | 0.25 | 0.34 | 0.67 | 0.30 | 0.41 | 0.81 |
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