Question
As the owner of a business, Karen needs fire insurance. Her building is worth $722,000 and the contents are valued at $673,000. Her agent placed
As the owner of a business, Karen needs fire insurance. Her building is worth $722,000 and the contents are valued at $673,000.
Her agent placed the building in structural classification B and area rating 2. Use Table 19-4 to calculate her total premium.
Round your answer to the nearest cent.
Area Rating
1 2 3 4 5
Structural Classification ABCD
Building
$.21 .38 .44 .59 .64
Contents Building
$.24 $.32 .42 .39 .51 .55 .68 .76 .73 .92
Contents
$ .37 .48 .66 .83 1.09
Building
$ .38 .43 .69 .87 1.08
Contents
$ .42 .51 .77 1.04 1.13
Building
$ .44 .57 .76 .98 1.39
Contents
$ .48 .69 .85 1.27 1.43
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