3 Points
Steven rents an apartment in an all-wood building in the city suburbs. The
value of the belongings in the apartment is about $15,000. If Steven wants to
insure his belongings while renting, how much will he have to pay for
insurance per year?
Mixed
Wood
Building Contents Building Contents
Annual Premium per $100 of coverage
Brick
Steel
Building Contents Building Contents
rating
City 0.39 0.43 0.5 0.54
Suburb 0.45 0.52 0.56 | 0.63
Rural 0.6 0.69 0.71 0.8
0.55
0.72
0.89
0.65
0.74
0.91
0.66
0.83
0.76
0.85
1.02
1