Answer:
<u>According to the table, the type of construction and the fire protection class, Darrell will pay US$ 213 for the annual insurance premium.
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Step-by-step explanation:
1. Let's check and use the information given to solve the question:
Replacement value of Darrell's home = US$ 87,500
Value of the homeowner's policy = 80% of Darrell's house
Type of Darrell's home construction = Brick
Fire protection class = 3
2. Let's find the exact amount of the insurance coverage:
Amount of insurance coverage = 80% of Darrell's house
Amount of insurance coverage = 80% * 87,500
Amount of insurance coverage = 0.8 * 87,500
Amount of insurance coverage = 70,000
The amount of insurance coverage is US$ 70,000
<u>According to the table, the type of construction and the fire protection class, Darrell will pay US$ 213 for the annual premium.</u>
<u>Same answer for question 13882475</u>
