WorksheetsWorksheet 9.7
Total questions: 8
Worksheet time: 2hrs 0mins
NO answers will have change. Please write your answer as $xxx OR $x,xxx (Ex: $500 or $5,000)
A home is insured for $150,000. It has brick/masonry veneer and is in fire protection class 9. Find the premium.
(a)
NO answers will have change. Please write your answer as $xxx OR $x,xxx (Ex: $500 or $5,000)
The Campbell's wood-frame house has a $40,000 homeowner's policy. It falls in fire protection class 8. What is the annual premium?
(a)
NO answers will have change. Please write your answer as $xxx OR $x,xxx (Ex: $500 or $5,000)
Ken Yun's brick home has an $80,000 homeowner's policy. It falls in fire protection class 11. What is the annual premium?
(a)
NO answers will have change. Please write your answer as $xxx OR $x,xxx (Ex: $500 or $5,000)
The North's brick home has a replacement value of $100,000 and is insured for 90%. It falls in fire protection class 9. What is the annual premium?
(a)
NO answers will have change. Please write your answer as $xxx OR $x,xxx (Ex: $500 or $5,000)
The Wood's wood frame home has a replacement value of $125,000 and is insured for 96%. It falls in fire protection class 5. What is the annual premium?
(a)
NO answers will have change. Please write your answer as $xxx OR $x,xxx (Ex: $500 or $5,000)
The Smith's own a wood-frame home in an area rated fire protection class 1. Their two-family home has a replacement value of $112,500 and is insured at 80%. What is their annual premium?
(a)
NO answers will have change. Please write your answer as $xxx OR $x,xxx (Ex: $500 or $5,000)
The Hoffmans own a brick home that has a replacement value of $375,000. They purchased a homeowner's policy for 80% of its replacement value. They live in an area rated fire protection class 9. What is their annual premium?
(a)
NO answers will have change. Please write your answer as $xxx OR $x,xxx (Ex: $500 or $5,000)
Paige Lang has insured her home for $300,000. The two-story, wood-frame house is located in an area rated fire protection class 11. What is her annual policy premium?
(a)
