Pete's brick house is located in the city. If his building property insurance is $487.50 per year, how much is his house worth?
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. $125,000
B. $185,000
c. $156,000
D. $95,000