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
Rural 0.6 0.69 0.71 0.8 0.89 0.91 1 1.02
0.85
O A. $173.50
O B. $150.00
O C. $107.50
O D. $178.65