As the owner of a business, Rodrigo needs fire insurance. His building is worth $924,000 and the contents are valued at $880,500. His agent placed the building in structural classification D and area rating 1. Use Table 19-4 to calculate Rodrigo's total premium. O $7,209.30 O $8,292.00 O $11,342.25 O $14,506.65

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As the owner of a business, Rodrigo needs fire insurance. His building is worth $924,000 and the contents are valued at $880,500. His agent placed the building in structural classification D and area rating 1. Use Table 19-4 to calculate
Rodrigo's total premium.
O $7,209.30
O $8,292.00
O $11,342.25
O $14,506.65
Transcribed Image Text:As the owner of a business, Rodrigo needs fire insurance. His building is worth $924,000 and the contents are valued at $880,500. His agent placed the building in structural classification D and area rating 1. Use Table 19-4 to calculate Rodrigo's total premium. O $7,209.30 O $8,292.00 O $11,342.25 O $14,506.65
TABLE 19-4 Annual Fire Insurance Premiums (per $100 of Face Value)
Structural Classification
A
B
C
D
Area
Rating
Building
Contents
Building
Contents
Building
Contents
Building
Contents
1
$.21
$.24
$.32
$.37
$ .38
$ .42
$.44
$.48
2
.38
.42
.39
.48
.43
.51
.57
.69
3
.44
.51
.55
.66
.69
.77
.76
.85
4
.59
.68
.76
.83
.87
1.04
.98
1.27
.64
.73
.92
1.09
1.08
1.13
1.39
1.43
Transcribed Image Text:TABLE 19-4 Annual Fire Insurance Premiums (per $100 of Face Value) Structural Classification A B C D Area Rating Building Contents Building Contents Building Contents Building Contents 1 $.21 $.24 $.32 $.37 $ .38 $ .42 $.44 $.48 2 .38 .42 .39 .48 .43 .51 .57 .69 3 .44 .51 .55 .66 .69 .77 .76 .85 4 .59 .68 .76 .83 .87 1.04 .98 1.27 .64 .73 .92 1.09 1.08 1.13 1.39 1.43
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