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Rogers office building has a $380,000 value, a 3 rating, and a B building classification. The contents in the building are valued at $142,000. Calculate

Rogers office building has a $380,000 value, a 3 rating, and a B building classification. The contents in the building are valued at $142,000. Calculate his total annual premium. (Use Table 20.3.) (Round to the nearest whole dollar amount.)

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TABLE 20-3 Fire insurance rates per $100 of coverage for buildings and contents CLASSIFICATION OF BUILDING CLASS A CLASS B Building Contents Building Contents Rating of area .41 .50 .61 65

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