Gabriel is a landlord who owns several rental homes. One all-wood home in
the city is worth $85,000. Because the renters insure their own belongings,
what is the premium Gabriel pays for property insurance per year?
Contents
Annual Premium per $100 of coverage
Brick
Steel
Mixed
Area
Building Contents Building Contents Building Contents
rating
City 0.39 0.43 0.5 0.54 0.55 0.65
Suburb 0.450.520 .56 0.63 0.72 0.74
Rural 0.6 0.69 0.71 0.8 0.890.91 1
Wood
Building
0.66
0.83
1
0.76
0.85
.02
O
O
O
O
A. $706,50
B. $950.00
C. $673,50
D. $561.00