Steven rents an apartment in an all-wood building in the city suburbs. The
value of the belongings in the apartment is about $15,000. If Steven wants 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
0.63 0.72 0.74 0.83 0.85
Rural 0.6 0.69 0.71 0.8 0.89 0.91 1
1.02
0.56