the homeowners insurance cost for a 115,000 wood frame house is 80,500.
step-by-step explanation:
it is given that the coverage rate for wood frame house is 0.7.
the value of wood frame house is 115,000.
.
homeowners insurance cost for a 115,000 wood frame house is
![115000\times 0.7=80500](/tex.php?f=115000\times 0.7=80500)
therefore the homeowners insurance cost for a 115,000 wood frame house is 80,500.