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Shawn rents an apartment in an all-brick building located in a historic,
downtown neighborhood. The value of the belongings in the apartment is
about $25,000. If Shawn wishes to insure his belongings while renting, how
much will he have to pay for insurance per year?
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
O A. $178.65
B. $150.00
O C. $107.50
D. $173.50