Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use Table 19-4 to calculate the building, contents, and total property insurance premiums for the policy (in $). Area Structural Rating Class Building Value

  

Use Table 19-4 to calculate the building, contents, and total property insurance premiums for the policy (in $). Area Structural Rating Class Building Value 4 B $86,000 $ Building Premium Contents Value $29,000 $ Contents Premium $ Total Premium TABLE 19-4 Annual Fire Insurance Premiums (per $100 of Face Value) Structural Classification Area Rating A B C Building Contents Building Contents Building Contents Building Contents 1 $.21 $.24 $.32 $.37 $.38 $.42 $.44 $.48 2345 .38 .42 .39 .48 .43 .51 .57 .69 .44 .51 .55 .66 .69 .77 .76 .85 .59 .68 .76 .83 .87 1.04 .98 1.27 .64 .73 .92 1.09 1.08 1.13 1.39 1.43

Step by Step Solution

There are 3 Steps involved in it

Step: 1

It has been given that Class c B Area rating r 4 Building value p 86000 Content value t ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting for Decision Making and Control

Authors: Jerold Zimmerman

8th edition

78025745, 978-0078025747

More Books

Students also viewed these Finance questions

Question

I need to price 30 PC monitors manufactured by Lenovo, Dell, and HP

Answered: 1 week ago