Peter Andrus owned an apartment building that he had insured under a policy issued by J.C. Durick Insurance.Two months prior to the expiriation of the term of the policy, Durick notified Andrus that the building should be insured for $48,000 (or 80% of the building's value).Andrus replied that (1) he wanted insurance to match the outstanding mortgage balance, $24,000 and (2) if Durick would not sell the policy in that amount, he would go elsewhere.Durick sent a new policy for $48,000 with the notation that the policy would be considered automatically accepted unless Andrus notified him to the contrary.Andrus did not reply, but did not pay the premiums.Is there an insurance contract between Andrus and Durick?Explain.