How much would you receive with actual cash-value coverage for a four-year-old sofa destroyed by fire? The sofa would cost $835 to replace today, whereas it cost $800 four years ago and had an estimated life of 8 years. Your car insurance company provides a 10% discount for good students (who maintain a B average or above). If your annual premium without discounts is $1050 per year. How much money will your good grades save you on your car insurance this year