Mandy owns a brick house in the suburbs worth $125,000, and the contents of the house are valued at $35,000. Use the table below to calculate her
annual 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. $950.00
B. $744.50
C. $673.50
D. $706.50