Sheila lives in a $95,000 brick home in the country with contents valued at $15,000. Use the table below to calculate her monthly property insurance
premium.
Annual Premium per $100 of coverage
Brick
Steel
Mixed
Wood
Area
Building Contents Building Contents Building Contents Building Contents
rating
City 0.39 0.43 0.5 0.54 0.55 0.65 0.66 0.76
Suburb 0.45 0.52 0.56 0.63 0.72 0.74 0.83 0.85
Rural 0.6 0.69
0.71
0.8 0.89 0.91 1
1.02
A. $95.00
B. $56.13
C. $78.65
D. $173.50