Amal Premium per $100 of coverage Brick Steel Mixed Wood Ares Building Content Building Content Building Content Building Contents Rating City 0.39 0.43 05 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 0.91 102 1 What kind of building material has the cheapest premiums? Steel 2.What building material has the most expensive premiums? 3. What kind of area is it most expensive to live in, insurance-wise? 4. What are the formulas for calculating the premium on a building? 5. What are the formulas for calculating the premium on the contents of a building? 6. How much do you pay in premiums for a mixed material house in the suburbs worth $465,000 with $75,000 worth of contents