As The Owner Of A Business Karen Needs Fire Insurance Her Building Is Worth 722 000 And The Contents Are Valued At 6 1 (30.23 KiB) Viewed 20 times
As the owner of a business, Karen needs fire insurance. Her building is worth $722,000 and the contents are valued at $673,000. Her agent placed the building in structural classification D and area rating 2. Use Table 19-4 to calculate her total premium. Round your answer to the nearest cent.
TABLE 19-4 Annual Fire Insurance Premiums (per $100 of Face Value) Structural Classification A B Area Rating Building Contents Building Contents 1 $.21 $.24 $.32 $.37 .38 .42 .39 .48 .44 .51 .55 .66 .59 .68 .76 .83 .64 .73 .92 1.09 SAW N 2 3 4 5 Building $.38 .43 .69 .87 1.08 C Contents $.42 .51 .77 1.04 1.13 Building $.44 .57 .76 .98 1.39 D Contents $.48 .69 .85 1.27 1.43
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